Risk and valuation analysis of the FOND DU LAC Project |
Status Risk : Advanced discovery |
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Title(s) of the FOND DU LAC Project |
| UEX Corp |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Canalaska Uranium Ltd |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Pure Nickel |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the FOND DU LAC Project |
The Fond Du Lac project covers the area of the territory of the Fond du Lac Denesuline First Nation, which is located on the eastern end of Lake Athabasca. The project area is contiguous with CanAlaska's Poplar and Helmer projects, and contains an identified uranium resource.
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History of the FOND DU LAC Project |
During the 1960's extensive exploration was done by Eldorado Uranium Ltd, who defined a non 43 -101 compliant deposit of 1, 000, 000 pounds of U3O8 . at a shallow depths of up to 70 metres, but immediately from above the unconformity to the surface. The project was never developed, and was subsequently absorbed into the new Fond Du Lac Reserve Lands
Potential.
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Geology of the FOND DU LAC Project |
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The project area straddles the boundary between the Athabasca Basin and the underlying metamorphic domains. The Athabasca basin is composed of pebbly sandstone, conglomerate and minor shale to a depth of 0 -- 400 metres in the project area. The under more...
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