| Risk and valuation analysis of the Chilling Project |
| Status Risk : Green exploration |
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| Title(s) of the Chilling Project |
 | Crossland Uranium Mines Ltd
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Pancontinental Uranium Corp.
Option: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Crossland has a 100% interest in the Chilling project. Through the Pancon & Crossland Joint Venture, Pancon has the right to earn a 50% interest in this property. |
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| Location of the Chilling Project |
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The Chilling project is located in the uranium-rich Pine Creek Orogen of the Northern Territory in Australia, approximately 150 kilometres south of Darwin.
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| History of the Chilling Project |
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Crossland was formed in May 2006 through the merger of Crossland Mines Pty. Ltd. (“CMPL”) and Klondike Source Limited. The Chilling property was originally held by CMPL, a private company formed in late 2003 to evaluate a portfolio of targets across northern Australia generated with proprietary targeting methods.
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| Geology of the Chilling Project |
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Targets at Chilling include Alligator Rivers-type large, high grade unconformity-related uranium ore bodies. The Pine Creek Orogen contains the world-class uranium deposits of the Alligator Rivers Uranium Field.
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