| Risk and valuation analysis of the Henday Project |
| Status Risk : Early discovery |
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| Title(s) of the Henday Project |
 | Forum Uranium Corp.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Hathor Exploration Limited
Option on interest: 40% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Hathor currently holds a 40% interest in the Henday project. The funding of this drill program by Hathor will complete Hathor's option to earn a 60% interest in the Henday project. Hathor will have the option to earn an additional 10% earned by electing to take the project to a bankable feasibility study. |
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| Location of the Henday Project |
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Henday is located in the north-eastern margin of the Athabasca Basin, Saskatchewan.
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| History of the Henday Project |
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Historical work on the Henday Project including mapping, trenching, sampling, drilling, and geophysics has outlined several mineralized zones including one drill intercept of 0.21% U3O8 over 4 m in the Athabasca sandstone at the unconformity, and 10 more...
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| Geology of the Henday Project |
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The Henday Project covers favorable basement rocks within the Mudjatik-Wollaston Tectonic Zone, a northeast trending structural zone on the eastern margin of the Basin along which the district's most productive uranium mines occur. Over 95% of known Canadian uranium deposits and all current uranium producing mines in Canada are located on this trend.
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