East Athabasca Basin Projects
Seahorse Lake
key highlights
LOCATION AND GEOLOGY
The Seahorse Lake Property comprises 3 mineral claims with an area of 7,519 ha. This property is located over shallow sandstone cover overlying the highly prospective Wollaston-Mudjatik Transition Zone of the eastern Athabasca Basin, a region known for its uranium potential. Seahorse Lake lies just 31km southeast of the Cigar Lake uranium mine and 60km south of the McClean Lake Mine site. The West Bear uranium-cobalt-nickel deposit is situated less than 7 km to the northeast.
GEOPHYSICS
The Seahorse Lake Property lies along trend from the conductor trend where UEX’s West Bear uranium-cobalt-nickel deposit is hosted. In 2022 F3 Uranium Corp. conducted a small ground geophysical program consisting of 17km of Time Domain EM surveys over historic airborne geophysical targets on the NE and SW corners of the property. No sub-vertical responses were detected in the two areas, but the survey only covered a small portion of the property.
DRILLING
In 2007 Denison drilled hole SR-05 and SR-05a on the property targeting faulting. Alteration and bleaching were intersected in the basement but both holes were lost before reaching the target due to sanding in, hypothesized to be related to the target fault. Historic drilling on the property by Noranda Exploration Company and AGIP Canada yielded so significant results but noted bleaching and illite clays within the sandstone and strong hematite alteration in the basement.
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