Athabasca Potach Inc.

Published : April 11th, 2013

Tad Acquires North Patterson Lake Athabasca Basin Uranium Prospect

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Keywords :   Georgia | K Street | Silver | Uranium |

TAD Mineral Exploration Inc.

1470 - 701 West Georgia Street

Vancouver, BC

V7Y 1C6

 

April 11, 2013

 

Tad Acquires North Patterson Lake Athabasca Basin Uranium Prospect

 

 

 

TAD Mineral Exploration Inc. (�TAD� or the "Company") (TJ�TSX Venture) wishes to announce it has acquired approximately 4000 hectares (9885 acres) of land prospective for uranium in the Athabasca Basin (the �North Patterson Lake Prospect�).  This new prospect is in the vicinity of the recent discovery at the Patterson Lake South prospect of Alpha Minerals Inc and Fission Energy Corp.  Management plans to mobilize crews shortly to start work on this prospect.  This prospect was acquired through staking.

 

The Athabasca Basin located in Northern Saskatchewan, is an ancient sedimentary basin which hosts the most of the world's most significant uranium mines and produces over 20 per cent of the current world uranium production (U3O8). Athabasca uranium deposits also have grades substantially higher than the world average grade of about 0.2% U3O8. The two dozen or so known uranium deposits within the Athabasca Basin have average grades of more than 3.0% U3O8. The two largest deposits, Cigar Lake and McArthur River have average grades of 20% and 24% U3O8 respectively.

 

The first major uranium discovery in the region was at Rabbit Lake in 1968. From 1975, the Rabbit Lake Mine operated for 25 years producing over 182 million pounds of uranium by open-pit mining of several ore lenses. In 1975, the richest open-pit deposit in the world was discovered at Key Lake. From 1983 to 2002 the Key Lake deposits produced almost 210 million pounds of uranium. Since the original discovery dating back to 1968, more than 15 uranium deposits totaling over 1.4 billion pounds of uranium have been discovered in the region. In 2011, junior explorer, Hathor Exploration Limited, was taken over by Rio Tinto plc for $654 million after  a bidding war with uranium giant Cameco Corp.

 

The area has once again been a focus of the uranium world with the recent Patterson Lake South uranium discovery made by Alpha Minerals Inc. (TSX.V: AMW), and its Joint Venture partner Fission Energy Corp (TSX.V: FIS)

 

Jason Gigliotti, director of the company states, �The Athabasca Basin is one of the best know global uranium districts hosting multiple world class deposits.  The area has once again become a global focal point with the recent discovery at Patterson Lake South.  We plan to embark on an aggressive work program on this project.  Management of Tad has let its shareholders down in the past with a lack of focus.  We plan on becoming much more active to enhance shareholder value and this is the first step in that direction.�

 

If you would like to be added to TAD�s update list please send an email to info@tadcapital.com

 

On behalf of the board

TAD MINERAL EXPLORATION INC.

Per:      �Jason Gigliotti�
            Jason Gigliotti, Director

 

For further information, please contact:

Jason Gigliotti
TAD Mineral Exploration Inc.

1604 8999302

www. tadcapital. com

 

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

 

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Athabasca Potach Inc.

CODE : API.TO
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Athabasca is a exploration company based in Canada.

Athabasca holds various exploration projects in Canada.

Its main exploration property is THE BURR PROJECT in Canada.

Athabasca is listed in Canada. Its market capitalisation is CA$ 315.8 millions as of today (US$ 309.2 millions, € 231.9 millions).

Its stock quote reached its highest recent level on May 16, 2008 at CA$ 9.47, and its lowest recent point on December 24, 2008 at CA$ 0.75.

Athabasca has 37 824 000 shares outstanding.

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Annual reports of Athabasca Potach Inc.
2007 Annual report
2006 Annual report
Nominations of Athabasca Potach Inc.
8/6/2009Potash Appoints New President and CEO
1/29/2009Appoints A New Board Member
Financials of Athabasca Potach Inc.
8/17/2009Second Quarter Results
Project news of Athabasca Potach Inc.
2/20/2014on Hatchet Lake Uranium Project, Athabasca Basin, Saskatchew...
2/20/2014The Western Athabasca Syndicate Identifies 23 Gravity Low An...
2/20/2014The Western Athabasca Syndicate Identifies 23 Gravity Low An...
2/18/2014ALPHA EXPLORATION=E2??S WINTER PROGRAM AT MIDDLE LAKE=2C ATH...
2/11/2014Uracan/UEX Begin Winter Drilling Campaign on the Black Lake ...
2/3/2014Noka - Alpha Commence Airborne VTEM Survey at Carpenter Lake...
1/20/2014Drilling Begins on Hatchet Lake Uranium Project, Athabasca B...
1/20/2014ALPHA EXPLORATION TO START WORK AT MIDDLE LAKE PROPERTY=2C A...
1/16/2014Makena=3A Smallest Market Capitalized Company Bordering the ...
1/15/2014Makena Commences VTEM Max Survey on Uranium Prospects in the...
1/14/2014Noka and Alpha Exploration enter into option on Carpenter La...
1/11/2014Lakeland / Declan Identify Uranium Drill Targets in Athabasc...
1/8/2014Basin Exploration Update - January 1, 2014
1/7/2014The Western Athabasca Syndicate Updates the Ongoing Winter E...
12/4/2013(LAN:TSX-V) Declan Announces Option on Gibbon's Creek Uraniu...
12/2/2013Basin Exploration Update - December 1, 2013
11/29/2013Feature: Subject of a research report, uranium junior Lakel...
11/28/2013UEX/AREVA Announce Western Athabasca Exploration Budget of $...
11/27/2013Western Athabasca Syndicate Discovers Additional Radon Anoma...
11/5/2013The Western Athabasca Syndicate Identifies Eight High Potent...
11/5/2013The Western Athabasca Syndicate Identifies Eight High Potent...
11/4/2013Basin Exploration Update - November 1, 2013Recieved:
10/2/2013Basin Exploration Update - October 1, 2013Recieved:
9/26/2013Western Athabasca Syndicate Discovers Strong Radon Anomalies...
9/26/2013Western Athabasca Syndicate Discovers Strong Radon Anomalies...
9/23/2013Alpha Minerals JV Intersects Significant Mineralization at R...
9/20/2013Makena Receives Approval for Athabasca Uranium Prospect Bord...
9/12/2013Alpha Minerals JV Hits 4.7m Total Composite "Off=2DScale" Ra...
9/5/2013Western Athabasca Syndicate Provides Update on Fieldwork at ...
9/3/2013Basin Exploration Update - September 1, 2013Recieved:
8/29/2013Makena (MKN) Acquires Athabasca Uranium Prospect Bordering t...
8/22/2013Alpha Minerals JV Hits 47m Mineralization Including 5.27m To...
8/13/2013“OFF-SCALE” RADIOACTIVITY IN 48.5M OF MINERALIZATION in the...
8/6/2013VC Infographic | Athabasca Basin=3A The World's Highest Grad...
8/1/2013Basin Exploration Update - August 1, 2013Recieved:
7/23/2013Skyharbour=3A Western Athabasca Syndicate Extends VTEM Plus ...
7/17/2013Alpha Minerals Reports Summer Drilling Has Commenced at Patt...
7/10/2013Skyharbour=2C Athabasca Nuclear=2C Noka and Lucky Strike Agr...
7/2/2013Basin Exploration Update - July 1, 2013Recieved:
7/2/2013Alpha Minerals Receives Permits for Summer Drilling at PLS U...
7/2/2013Alpha Minerals Receives Permits for Summer Drilling at PLS U...
6/4/2013Basin Exploration Update - June 1, 2013Recieved:
5/30/2013Exploration Company Options Five Uranium Athabasca Basin Pro...
5/1/2013Basin Exploration Update - May 1, 2013Recieved:
4/10/2013Alpha Minerals Reports on Successful Winter Drill Program wi...
4/3/2013Alpha Minerals Extends Strike of R390E Zone to 60 m at Patte...
3/19/2013Alpha Minerals JV R00E Zone=2C Grows With More "Off=2DScale"...
3/18/2013Alpha Minerals Discovers Third Zone of Uranium Mineralizatio...
3/14/2013ASHBURTON ACQUIRES URANIUM PROJECT ADJOINING FISSION ENERGY ...
2/14/2013Regarding Uracan's Option for Black Lake Project in the Atha...
2/4/2013Basin Exploration Update - February 1, 2013
1/24/2013Uracan Options Black Lake Project In The Athabasca Basin Fro...
8/9/2012DNI RESUMES IN-FILL AND EXPLORATORY DRILLING ON ITS POLYMETA...
5/9/2012Forum Uranium Corp.: Drilling Discovers Basement-Hosted Uran...
10/13/2011Provides Update on Red Willow North Project in Athabasca Bas...
9/29/2011Continues to Stake New Property in Athabasca BasinRecieved:
3/7/2011DNI CONCLUDES DRILLING ON ITS ALBERTA POLYMETALLIC BLACK SHA...
2/24/2011UEX/AREVA 2011 Western Athabasca Basin Drilling Programs Und...
2/14/2011Athabasca Basin Exploration Update - February 1, 2011
7/17/2009(The Burr Project)Potash Provides Update on Strategic Review Process
3/3/2009(The Burr Project)Has Engaged Thyssen Mining For Shaft, Hoist & Headframe Stud...
1/23/2009(The Burr Project)Potash Inc. Has Identified a Preferred Shaft and Mill Site L...
1/19/2009(The Burr Project)Has Engaged SNC-Lavalin to Provide Pre-feasibility Study Ser...
Corporate news of Athabasca Potach Inc.
2/20/2014TAD (TJ) Acquires over 11,000 acres bordering NexGen in the ...
2/19/201404 cent PLS Athabasca Uranium Junior
2/17/2014Basin and Beyond (Feb 8-14)
2/3/2014ALPHA =E2?? NOKA COMMENCE AIRBORNE VTEM SURVEY AT CARPENTER ...
2/3/2014Week in Review: Uranium and the Athabasca Basin
1/30/2014TAD Commences VTEM Max Survey on Uranium Prospect in the Ath...
1/14/2014Alpha =2D Noka Sign Option Agreement for Carpenter Lake Uran...
1/14/2014ALPHA =E2?? NOKA SIGN OPTION AGREEMENT FOR CARPENTER LAKE UR...
12/5/2013Well Known Athabasca Basin Geologist Joins Makena
11/27/2013Alpha Minerals JV Reports Recently Discovered R600W Zone Exp...
11/12/2013Alpha Minerals JV Reports 16.8m Total Composite Mineralizati...
11/4/2013Alpha Minerals JV Reports New Land Discovery Hole Located 52...
10/15/2013Skyharbour Leads Syndicate Uranium Group into Largest Ground...
10/10/2013Western Athabasca Syndicate Identifies Uranium Anomalies at ...
9/27/2013Alpha Minerals JV has Strike Length Extension of the R390E Z...
9/24/2013Noka Resources (NX:TSX-V) Provides Exploration Update on its...
9/16/2013Uranium and the Athabasca Basin
8/15/2013Alpha JV Drills 3rd Radon Zone at PLS and Expands Mineralize...
8/15/2013Alpha Discovers Fourth Zone at PLS to Expand Mineralized Str...
8/9/2013Special: Uranium and the Athabasca Basin
8/8/2013Alpha JV Drilling Extends Mineralization at R00E Zone=2C Pat...
8/8/2013Western Athabasca Syndicate Completes VTEM and Radiometric S...
8/8/2013Western Athabasca Syndicate Completes VTEM and Radiometric S...
8/8/2013Alpha JV Drilling extends Mineralization at R00E Zone=2C Pat...
7/29/2013Significant results in the Athabasca Basin
7/23/2013Western Athabasca Syndicate Extends VTEM Plus Geophysical Co...
7/19/2013“Off-Scale” Radioactivity at Patterson Lake South, Athabasca...
6/24/2013Alpha Minerals Gold Assays and Important Geochemical Data fr...
6/5/2013Alpha Minerals Reports Remaining Assays on R00E=2C R390E and...
5/21/2013Alpha Minerals Agrees to JV Budget for Patterson Lake South=...
5/13/2013Basin Updated: A Review of Saskatchewan Uranium Activity
5/6/2013Alpha Minerals: Radon Survey Confirms 11 Discrete Radon Anom...
5/6/2013Alpha Minerals=3A Radon Survey Confirms 11 Discrete Radon An...
4/11/2013Tad Acquires North Patterson Lake Athabasca Basin Uranium Pr...
4/3/2013Alpha Minerals Extends Strike of R390E Zone to 60 m at Patte...
4/1/2013Alpha Minerals Extends Off=2DScale Radioactivity at R780E Zo...
3/27/2013International Enexco Reports on the Mann Lake Uranium Projec...
3/20/2013Skyharbour Acquires Significant U3O8 Land-Package in Patters...
1/31/2013Mid-Day Breaking News From Alpha Minerals, Intertainment, Ca...
4/23/2012Got Uranium? Looming Supply Crunch & Junior Activity Heat Up...
10/13/2011Mid-Day Breaking News From Pacific North West, Canada Rare E...
8/3/2011Basin Exploration Update - August 1, 2011Recieved:
10/1/2009Potash Announces Resignation of Chief Executive Officer
9/4/2009Shareholders Elect the Alternative Board of Directors
9/1/2009Independent Leading Proxy Advisory Firm Recommends in Favour...
8/28/2009Shareholders should not hand control to former CEO Zhou slat...
7/6/2009Annual Meeting Date of September 3, 2009
6/26/2009Termination of President and Establishment of Special Execut...
5/29/2009Updated Potash Resource Estimate for the Burr Project
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