Hunt for the next uranium discovery - SE Athabasca basin
Summary
- Athabasca is a world class location for uranium deposits with deposits grades from 2 to 20% vs global average of 0.2%
- South-east Athabasca basin is underexplored and has potential to host significant shallow uranium deposits
- 92 Energy, SkyHarbour and Base Lode are actively exploring this area in 2021
- Results from 92 Energy and SkyHarbour exploration drilling are expected shortly
Athabasca basin is a world class location for Uranium deposits
Athabasca basin is located in the NW Saskatchewan and is recognised as the world class location for uranium deposits, hosting some of the largest and highest grades deposits such as Cigar Lake and McArthur River. Uranium deposits grades in the basin can reach up to 20%, with average grade in the basin of 2%. This is significantly larger than other uranium producing regions, with world average uranium grade of 0.2%.