Strike Project
Hiding in the Open
Numerous uranium showings at surface identified between 1950’s and 1980’s
14 targets identified to start including 11 new targets and 3 follow ups ready for drilling with more expected
Shallow intersections between 60 and 105 m below surface
First drilling of EM conductors by Fortune Bay Corp intersected anomalous uranium in 3 of 9 holes
Unconformity-Style mineralization confirmed at the Tena Zone with 1,000 tons mined in the 1950’s at reported grades of 0.6 to 3.5% U₃O₈
Historic exploration information obtained from Saskatchewan Mineral Deposit Index. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.
Tena Zone / 1,000 tons mined / grades of 0.6–3.5% U₃O₈ - 1. Information obtained from Saskatchewan Mineral Deposit Index, occurrence number 151.
Unconformity-style mineralization - 2. Geology and Genesis of Major World Hardrock Uranium Deposits, United States Geological Survey, Open-File Report 81-166, 1981.
Why Saskatchewan?
The Athabasca Basin is home to the largest and highest-grade uranium deposits in the world
Over 900MM lbs of U₃O₈ produced ¹
Known resources of 1.34 billion pounds U₃O₈ ¹
Highest Uranium Grades in the World by Country ¹
¹ Saskatchewan Mining Association (SMA). (2024). Saskatchewan Uranium Industry
Overview: Production, Resources, and Economic Impact. Annual Industry Profile.
Saskatchewan Geological Survey (SGS). (2023). Athabasca Basin Regional Mineral
Endowment and Exploration Overview. Saskatchewan Ministry of Energy and Resources.
concept confirmed
Initial 1,000 m planned in 5 holes to start with an average depth of 200 m
14 targets identified to start including 11 new targets and 3 follow ups ready for drilling with more expected
New basement-style uranium mineralization discovered in 3 of 9 holes and exploration model validated
Shallow intersections between 60 and 105 m below surface
The right rocks with graphitic units and alteration intersected in all 9 holes
¹ Information obtained from Saskatchewan Mineral Deposit Index, occurrence number 151.
² Geology and Genesis of Major World Hardrock Uranium Deposits, United States Geological Survey, Open-File Report 81-166, 1981.
³ Saskatchewan Mining Association (SMA). (2024). Saskatchewan Uranium Industry Overview: Production, Resources, and Economic Impact. Annual Industry Profile.
Saskatchewan Geological Survey (SGS). (2023). Athabasca Basin Regional Mineral Endowment and Exploration Overview. Saskatchewan Ministry of Energy and
⁴ Gunnar Uranium Mine: From Cold War Darling to Ghost Town, L. Schramm, Saskatchewan Research Council, 2018
Technical Report
Technical Report 43-101
Effective Date: Febuary 7, 2024
Option Terms
Strike & Murmac Projects
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