Anticipated Exploration & Drilling Plan Phase 1-2
Phase 1 (Fall – winter 2024):
Main Focus: Geophysics, refining targets using MobileMT/ ZTEM and VTEM/ TDEM with reinterpretations of historic geophysical surveys that covering portions of the projects.
Exploration Plan:
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Yellowstone: Infill MobileMT over areas of the property not covered by previous surveys and a reinterpretation of historic geophysics grids.
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Spur: VTEM/TDEM over portion of the project not covered by previous surveys which will be reevaluated.
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Dutton: VTEM/TDEM over portion of the project not covered by previous surveys which will reevaluated.
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Ford: Reinterpretation of VTEM survey completed in 2023 including newly acquired Brown Project.
Phase 2 (January – November 2025):
Main Focus: Ground geophysics will be executed to define targets outlined by the aerial EM surveys in Phase 1. Ground truthing of targets through field work programs will be carried out on the projects located south of the Athabasca Basin. Drilling program of existing targets and further targets to follow in the later months of the year.
Exploration Plan:
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Ford: Ground geophysics and drilling.
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Spur: Ground geophysics, ground truthing fieldwork, and drilling.
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Other projects: Drilling Program planning for phase 3 based on phase 1-2 results.
Recent Work History & Project Details
In 2023, our partners Completed a VTEM which highlights conductive rock and graphite.
A high-resolution Magnetics survey was conducted in conjunction with the VTEM Survey, highlighting the structural features.
To date, a total of $573,523 worth of assessment credits has spent on the eastern Basin Claims.
Current Drilling targets
Ford Lake Target A: Eastern Edge, structure identifies as mag lows and conductive rocks
Ford Lake Target B: Center East, mag low and structures, conductor
Ford Lake Target C: Southeastern Block, structure identified as a mag low with a conductor
Roughrider South: Target D – Northwest Corner of Southern Block, mag low and conductor
Cigar East: Priority E - Southern Edge mag low and conductor
Current targets can be seen below in Figures #1 and #2.
Roughrider South: Target D – Northwest Corner of southern block, mag low and conductor
Cigar East: Priority E - Southern Edge mag low and conductor
Ford Lake Target A: Eastern Edge, structure identifies as mag lows and conductive rocks
Ford Lake Target B: Center East, mag low, structures, and conductor
Ford Lake Target C: Southeastern Block, structure identified as a mag low with a conductor