The Stewardson property is located on the Virgin River structural trend within the south-central portion of the Athabasca Basin, Saskatchewan and is a joint exploration effort between Uravan and Cameco Corporation (Cameco). Uravan is the operator with the responsibility to plan and implement the technical program in consultation with and on behalf of Cameco, who is funding the 2014 exploration.
The first phase of exploration consisted of a surface SQUID Fixed Loop TDEM geophysical survey completed under winter conditions by Patterson Geophysics Inc. of La Ronge, SK. The SQUID TDEM system has proven to be effective in detecting conductive sources in deeper terrain. The Fixed Loop survey grid consisted of nine (9) survey lines and three (3) sets of opposing loops, positioned perpendicular to the north trending E-conductor (Target Area “A”) located in the south-central portion of the Stewardson property. Target Area “A” outlines the most conductive portion of the E-conductor previously identified in the airborne ZTEM geophysical survey completed in 2013. The ZTEM survey delineated two (2) prominent basement conductive features that transect the Stewardson property. These conductive features are interpreted to be the northern extension of the C- and E-conductors defined by Cameco on their Virgin River project, which adjoins the Stewardson property to the south.
For the full press release Stewardson 2014 Exploration Program, click here.