South Fork Project
South Fork
Country Canada 
Province Saskatchewan
Status EARLY DISCOVERY 
Surface 639 km² / 157,986 acres Number of claims 76
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Explores for Uranium -
Last updated on 12/17/2010 - Terms of Use
Risk and valuation analysis of the South Fork Project
Status Risk : Early discovery
Country Risk : Very Low
Title(s) of the South Fork Project
JNR Resources
Interest: 100%
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Uranium Power Corp
Option on interest: 65%
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Uranium Power Corp (UPC-TSX.V) has an option to earn a 50% interest in the project by reimbursing JNR for prior expenditures, not to exceed $100,000, and carrying out $1,500,000 in exploration by January 25, 2009. UPC can increase its interest to 65% by spending an additional $1,000,000 on exploration activities by January 25, 2011. UPC is the project operator.
Titan Uranium Inc.
Option on interest: 32.5%
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Location of the South Fork Project
The property is located in the eastern end of the Cypress Hills area of southwestern Saskatchewan.
 
History of the South Fork Project
In the late 1970's, the Saskatchewan Mining Development Corporation (SMDC, later to become Cameco) identified the area as having favorable uranium exploration potential. SMDC carried out regional-scale prospecting, geochemical and ground water survey more...
 
Geology of the South Fork Project
The project area is underlain by Upper Cretaceous to Oligocene non-marine fluvial clastics of the Eastend, Whitemud, Frenchman, Ravenscrag and Cypress Hills Formations. Of these, the Frenchman, Ravenscrag and Cypress Hills Formations are the most imp more...
 
Data last updated on : 3/9/2009
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