Risk and valuation analysis of the Way Lake Project |
Status Risk : Brown exploration |
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Title(s) of the Way Lake Project |
| JNR Resources Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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JNR Resources holds an unencumbered 100% interest in the property. |
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Location of the Way Lake Project |
The Way Lake property is located 55 kilometres east of the Key Lake Mine and 35 kilometres southeast of the Moore Lake joint venture property. It consists of 17 contiguous claims totalling 71,795 hectares. JNR Resources holds an unencumbered 100% interest in the property.
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History of the Way Lake Project |
JNR began staking ground in the area in May 2004, after a review of assessment files indicated that high-grade uranium values from grab samples in 1978 coincided with an area of highly anomalous uranium values in glacial debris, swamps and muskegs.
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Geology of the Way Lake Project |
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the claims are underlain by a steeply dipping and northeast trending, highly folded sequence of intercalated Aphebian-aged Wollaston Group sediments that conformably overly and flank an Archean gneiss dome.
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