Project Summary:
Ford Lake consists of three claims in the southeastern Athabasca Basin totaling 4,920.5 hectares, including two contiguous claims and one claim located approximately 7 km southwest of the northern claims. The Ford claims are located between 5.3 to 18.0 km from the margin of the Athabasca Basin, and approximately 18 km from Cameco’s Key Lake Mill. The claims sit within the confines of Denison Mines’ former Ford Lake Project near Cameco’s Millennium Deposit (14.6 km west) and Denison’s Phoenix and Gryphon Deposits (29 km northeast).
The Ford Lake claims have been the subject of extensive exploration since the late 1970s, including boulder sampling, airborne electromagnetic (EM) and radiometric surveys, prospecting, and geological mapping. Drilling was carried out along trend of the property during the late 1970s and early 1980s by SMDC, Denison Mines, and AGIP. Since 2000, the area has attracted further exploration by Cameco, Denison, and Orano, including recent ground and airborne EM surveys, and prospecting. In 2008, a single north-trending ground HLEM conductor was identified on the southern claim, situated within a magnetic low corridor flanked by two magnetic highs.
The northern claims generally lack recent geophysical coverage and represent a strong candidate for follow-up ground EM surveying to generate drill targets. The southern claim, meanwhile, is drill-ready and hosts an untested conductor within a magnetic low, and would similarly benefit from updated geophysics ahead of drill targeting.
Contact Nicholas Coltura for more details: ncoltura@sentinelmarket.com