Joint venture partners Tribune Uranium (TCB-V, S8QA-F) and Fission Energy (FIS-V) have planned a 700-line-km airborne geophysical survey and a 1,000-metre drill program for their Grey Willow Point and Falling Sand Point uranium claims in northeastern Alberta.
Grey Willow and Falling Sand are a part of the companies’ North Shore uranium project, an 1,100 sq. km property along the northwest edge of the Athabasca Basin, which is about 10 km west of Cameco‘s (CCO-T, CCJ-N) Maurice Bay uranium deposit.
The drill program will test several geophysical and geochemical uranium targets.
North Shore has been explored in the past. Historical exploration included 150 shallow drill holes averaging less than 30 metres. More than 200 boulders were found with up to 0.95% U3O8 and some airborne magnetic, very low frequency (VLF) and radiometric surveys were also done.
The companies expect North Shore will be similar to basement hosted structural controlled uranium mineralization, which is controlled by structures and shear zones, and would be associated with structurally focused hydrothermal alteration systems.
Tribune has already completed an 8,000-line-km airborne magnetic and VLF survey, which it says identified hundreds of electro-magnetic (EM) responses that could possibly be basement structures.
The follow-up survey will provide high resolution magnetic and EM data that will be integrated to assist with target selection for the drill program.
Drill targets include cross-cutting structures with anomalous radioactivity and alteration that have never been tested at depth.
When the drill program is finished each bore hole will be logged with a poly gamma probe, sampled for geochemical and clay analysis and then send the samples to a lab in Saskatoon for further analysis. Samples will also be collected for short wave infra-red spectrometry analysis.
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