Thunderbird swoops on hot Canadian uranium basin

Thunderbird Resources executive chairman George Bauk. Credit: File Thunderbird Resources (formerly Valor Resources) has assembled a surprising array of interesting-looking uranium and lithium targets in some of the hottest mineral territories in the world, including Canada’s Athabasca uranium basin and Ontario, which is a now world-class lithium province.

The Athabasca Basin is remarkable for its average uranium grades of about 2 per cent and its massive-scale deposits – and Thunderbird appears to have somehow managed to pick the eyes out of it, timing its new uranium rush perfectly.

Notably, the Athabasca Basin has been historically responsible for churning out 20 per cent of the world’s primary uranium production and it has a six- decade history of producing the controversial mineral.

Thunderbird has a dual strategy of riding the current uranium wave while continuing to get set for what many critics believe will be the imminent third coming of the lithium market. It […]

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