The Stewardson project is located on the Virgin River structural trend within the south-central portion of the Athabasca Basin1, Saskatchewan [map Link]. The project is a joint exploration effort between Uravan and Cameco pursuant to the Halliday/Stewardson Option Agreement [press release link]. Uravan owns 100% of the Stewardson property and Cameco is earning an interest. Uravan is the operator and Cameco is funding the program.
The C-conductor, in anomalous Area B, is a major north-south trending basement EM (electromagnetic) geophysical feature defined by a 2013 airborne ZTEM2 geophysical survey [map Link]. Two-dimensional (2D) and three-dimensional (3D) inversion modeling of the ZTEM data was completed by Geotech Ltd. and Computational Geosciences Inc. (CGI), respectively, with follow up interpretation by Lawrence Bzdel, an independent geophysical consultant.