Project Summary:
The LEB Project consists of two mineral claims totaling 607.4 hectares along the southern margin of the Athabasca Basin, approximately 60 kilometres west of the Key Lake Mine and Mill. The property lies within an active uranium exploration district and covers a series of parallel graphitic conductor corridors beneath relatively shallow Athabasca sandstone, approximately 100 metres thick.
The LEB Project is highly prospective for both unconformity-hosted and basement-hosted uranium mineralization. Airborne and ground geophysical surveys have delineated several graphitic conductors across the property, a number of which coincide with radiometric surface anomalies. Historical prospecting and drilling have identified anomalous uranium and base metal mineralization, including grab samples grading up to 796 ppm and 487 ppm uranium from altered diabase boulders, and historical drill intersections of 1,125 ppm copper, 66 ppm cobalt and 114 ppm nickel over 2.0 metres within faulted graphitic pelitic gneiss. Despite these encouraging results, only limited drilling has been completed on the property, leaving numerous conductor targets entirely untested. The combination of well-defined graphitic conductors, shallow sandstone cover and favourable geology underscores the property’s significant exploration potential and provides a strong foundation for future drill testing.
Contact Nicholas Coltura for more details: ncoltura@sentinelmarket.com