The Athabasca Basin, as any uranium investor would tell you, is the top tier location for large, high-grade resources of U3O8. The grades aren’t just marginally better than other regions around the world but are often 10-100 times higher.
It’s no coincidence that most of Cameco’s resources discovered decades ago, became mines here to the East of the basin. Fast forward to this decade, and all the excitement for the present and future is actually in the west of the basin. Here we find Nexgen’s Arrow, Fission’s Triple R, and a hint that Fission 3.0 may be onto something extremely high-grade as the scintillometer’s readings are pointing to “off the charts” counts per second. I’m laymen’s terms: lots and lots of radiation usually associated with ridiculously high grade.
Davidson River is Standard Uranium’s (STND.V) flagship property, located in the southwest Athabasca uranium district of the Athabasca Basin, and features the inferred […]
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