The Karin Project consists of five claims covering 18,383 ha approximately 20 km south-southeast of Cameco’s Key Lake operation. The property is approximately 21 to 33 km east of Highway 914 and is adjacent to Skyharbour’s Foster Project. The project is underlain by Wollaston Group metasedimentary gneisses, predominantly psammitic to meta-arkosic in composition but with localized prospective pelitic to psammopelitic gneisses. Despite lying outside the current extent of the Athabasca Basin, the Karin project was likely covered by the Athabasca Supergroup in its past, making the area prospective for unconformity-related uranium mineralization.

Exploration work on the project is primarily historical in nature and consists of airborne EM, magnetic, and radiometric surveys, lake water and sediment sampling, radon surveys, prospecting and ground-truthing of airborne anomalies, geological mapping, and diamond drilling in the late 1960’s to early 1980’s. This work was performed prior to modern geophysical surveys and the development of current uranium exploration models. Some minor EM anomalies on the property were noted in the historical airborne EM results, but they were ignored in favor of stronger EM anomalies elsewhere in the surveyed areas. Several radon anomalies in the eastern part of the project were discovered during radon sampling on the project and were followed up by drilling in 1978. Five shallow (<152 m) diamond drillholes were drilled, which intersected Wollaston Supergroup meta-arkose and semipelitic to pelitic gneisses, amphibolite and pegmatite to granodiorite, along with localized hematite, chlorite, epidote, and/or goethite alteration. A weakly radioactive pegmatite was intersected in historical hole 78-1 which returned 0.025% U3O8 over 0.45 m at a depth of 72.85 m (AF 74H03-0036). A limited amount of prospecting was completed in the area in 2008 and led to the discovery of an outcrop of pegmatite on the property which contained 181 ppm U, 205 ppm Nb, and 39 ppm Ta (SMDI 5179). The project has otherwise been unexplored since the 1980’s and is prospective for both intrusive-type and unconformity-related uranium deposits and intrusive-related REEs.

Karin Project Map:

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