Kirkstone Metals has acquired staking rights to the Douglas River Uranium Project in northern Saskatchewan, expanding its land position within the Cluff Lake uranium district of Canada’s Athabasca region.
The staked property spans roughly 1,326 hectares (ha) and lies along the edge of the Carswell multi-ring meteorite impact structure, an area with a history of uranium exploration and mining.
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It is located about 7 km south of the former Cluff Lake uranium mine, which produced approximately 62 million pounds of triuranium octoxide (U₃O₈) between 1980 and 2002 before being decommissioned.
Access to the site is via Highway 955 and nearby trail routes, noted the mineral exploration company.
The claims are located roughly 15km south of Kirkstone’s Gorilla Lake holdings.
Following the Douglas River staking, the company’s total mineral tenure in the Cluff Lake district stands at 8,230.9ha, grouped under the Carswell Complex Project.
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By GlobalDataExploration in the Douglas River area is driven by a set of subsurface conductive anomalies extending over more than 12 km, identified by Cogema Resources from a 1994 Geotem electromagnetic survey.
Kirkstone president and CEO Clive Massey said: “The Douglas River acquisition adds significantly to our land position in the Cluff Lake region. We are targeting a region with a known high-grade pedigree.
“By acquiring projects near former producers, we are hoping to de-risking our exploration efforts compared to ‘greenfield’ sites. The Company intends to complete further a technical review and determine how to best proceed within the broader Carswell Complex Project.”
