Geikie

Strategically located in proximity to recent high grade, shallow uranium discoveries.

Tenure

• 339km² landholding located 7km southeast of the present edge of the Athabasca Basin and 10km west of highway 905
• Adjacent tenure to 92 Energy’s (ASX:92E) Gemini discovery 43m @ 0.6% U₃O₈ incl 6m @ 2.2% U₃O₈** and Baselode Energy’s (TSXV:FIND) ACKIO discovery 31.0m @ 0.9% U₃O₈ **

History

• Historical airborne and ground exploration completed between 1967 and 1980 targeting base metal mineralisation
• A central trend was identified with Cu and Mo showings surrounding Mud Lake; Mo is a key identifier for potential U₃O₈ mineralisation 
• Several historical uranium showings occur on the property with grades as high as 0.225% U₃O₈ and 0.18% U₃O₈ .

Main Features

• Recently discovered uranium mineralisation in the area display alteration patterns typical of unconformity uranium deposits, enhancing the overall uranium potential of Geikie.
• Six uranium targets have been identified along 35km of major structures outlined by coincident magnetic breaks and prospective geology offsets.

Exploration Plan

Months 1 to 9

• Geochemical and mineralogical sampling
• Property wide airborne geophysical surveys
• Magnetic and radiometrics
• Potential for electromagnetics 
• Targeted ground geophysics as warranted
• Gravity
• Resistivity 
• Target generation, definition, and prioritization
• Diamond drilling (+1,000m)

Months 9 to 18 

• Property wide prospecting and mapping
• Diamond drilling (+1,700m)

* 92Energy ASX announcement, 01/07/2022, 92 Energy intersects 41.8m of 0.5% eU₃O₈
** Baselode Energy TSX announcement, 06/12/2021, Baselode Reports High-Grade Uranium within 15.5 Metre Mineralized Zone at ACKIO