How Searchlight could rewrite the textbook for uranium discoveries in the Athabasca Basin

How Searchlight could rewrite the textbook for uranium discoveries in the Athabasca Basin

Uran Fässer; Foto: Depositphotos From everyday life, everyone knows that you only find what you know. This experience can be illustrated particularly well by the change in search criteria for uranium exploration in the Athabasca Basin in Saskatchewan over the past 70 years. It is well known Uranium grades in the Athabasca Basin are extremely high compared to the rest of the world. The two largest mines in the basin, Cigar Lake and MacArthur River, have uranium resources grading 18% and 17% U3O8, respectively.

These deposits were discovered at a time when the so-called "unconformity paradigm" was in effect, which states that uranium deposits form at the boundary between the crystalline basement rocks and the Athabasca Sandstone (see Figure 1; the English term is "unconformity"). According to this heuristic, quite several high-grade deposits have been found over the decades, mainly along the eastern margin of the Athabasca Basin. The disadvantage […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet