Project Summary:
The Perpete Project comprises a single claim totaling 350.5 hectares within the southeastern Athabasca Basin. Located 9.3 km north of the Basin’s edge and 34 km northwest of the Key Lake Mill, the Perpete Project is well situated within one of the world’s premier high-grade uranium corridors.
Extensive work was conducted on the Perpete Project during the late 1970s and early 1980s, including INPUT and DEEPEM surveys by SMDC from 1980 to 1983, which identified two suites of conductors on the eastern and western sides of the project, respectively. SMDC tested both conductors with a limited diamond drilling program in 1981 and 1983, both of which intersected moderate alteration in the basement and strong shearing. Within the claim, unconformity depth ranges between 295 and 300 metres. Historical drill holes SM83-32A and SM83-33 were drilled along the eastern conductor and encountered calc-pelite, carbonate veins, chlorite in the sandstone, a weak graphitic conductor, and weak uranium enrichment at the unconformity, indicating a fertile corridor ripe for further exploration. SM83-31 was drilled on the current eastern boundary of the claim and encountered a weak-to-moderate graphitic conductor and faulting in the basement. Recent work, conducted primarily by Denison Mines, has included ground EM and gravity surveys to further outline the conductive corridor on the northwestern part of the claim.
Skyharbour believes this project to be drill-ready, with several untested targets outlined by previous EM and drilling programs.
Contact Nicholas Coltura for more details: ncoltura@sentinelmarket.com