Risk and valuation analysis of the Border Block Project |
Status Risk : Green exploration |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the Border Block Project |
| Titan Uranium Inc. Option on interest: 50% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
Titan (operator) has granted JOGMEC the option to earn a 50% working interest in 76,354 hectares (188,675 acres) by contributing Cdn $6 million over 4 years |
|
|
|
Location of the Border Block Project |
The Border Block project is located in the southwest area of the Athabasca Basin, near the Alberta border and comprises the Maybelle River, Gartner Lake, King and Castle South Extension properties.
|
|
History of the Border Block Project |
Historic exploration data identified favourable basement rocks capable of hosting uranium mineralization
|
|
Geology of the Border Block Project |
|
The project covers an area where historic exploration data identified favourable basement rocks capable of hosting uranium mineralization. The basement rocks are thought to be correlative with those found on the adjacent AREVA/UEX Corp.'s Shea Creek project which hosts significant uranium mineralization in the Anne, Collette and Kianna deposits.
|
|
|
|