Black Shield Metals Acquires Mann Lake, Saskatchewan Uranium Property and Announces Proposed Name Change to Basin Uranium Corp

Black Shield Metals Acquires Mann Lake, Saskatchewan Uranium Property and Announces Proposed Name Change to Basin Uranium Corp

(CNSX:BDX.CN) (“Black Shield” or the “Company”) is pleased to announce it has entered into an option agreement (the “Option Agreement”) with Skyharbour Resources Ltd. (“Skyharbour” or the “Optionor”) to acquire up to a 75% (the “Option”) of the Mann Lake Uranium Project (“Mann Lake” or the “Property”) located in the Athabasca Basin, Northern Saskatchewan, Canada.

Skyharbour owns a 100% interest in the 3,473 hectare (8,582 acre) Mann Lake Uranium Project located in the eastern Athabasca Basin in northern Saskatchewan. It is strategically located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. Skyharbour’s Mann Lake project is also adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and AREVA (17.5%).Denison Mines acquired International Enexco and its 30% interest in the project after the […]

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