Canada’s Basin Uranium has engaged TerraLogic Exploration to facilitate the proposed exploration and development work programme on the miner’s Mann Lake uranium project in Sas-katchewan, Canada.
“The Mann Lake project is located 25km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco's Millennium uranium deposit. The work program is fully funded with cash on hand from the capital raises completed in 2021,” the Canadian business said in a statement.
The 2022 work programme will include a significant diamond drill pro-gramme at the property, according to Basin Uranium.
“Past exploration, which totalled over $3 million by previous opera-tors, has identified a number of basement conductors and structural corridors which is the prospective horizon for uranium mineralization,” according to the statement.