ATHABASCA BASIN
Southeast Athabasca Basin Projects
key highlights
Why the area is important
MAJOR URANIUM MINES IN THE AREA
The Southeast side of the Athabasca Basin is distinguished by its fully-operational high-grade mines and mills. This locale enjoys the advantage of well-developed infrastructure and easy road access, making it a strategic hub for mining operations. Uranium mines in the area include Cigar Lake, McArther River, Wheeler River and Key Lake. McArther River is the world’s largest high-grade Uranium mine and Key Lake is the world’s Largest Mill.
HIGH-GRADE URANIUM
McArther River’s estimated reserves are 234.9 million pounds of Uranium with an average grade of 10.94%. Historically, the Key Lake Uranium Mill has produced 208 million pounds of uranium at a grade of 2.32% U3O8. This track record highlights the area’s significant potential for uranium discoveries and extraction.
Strategic Property Portfolio and Access
F4 Uranium Corp. owns five projects across the Southeastern area of the basin. In total F4 Uranium’s properties in the area total approximately 60,000 Ha.