Dieter Lake

Snapshot

Location: Québec, Canada
Ownership: 100% Consolidated Uranium Inc.
Deposit Type: suggested deposit types for the uranium mineralization include: unconformity-type, black shale type, and syngenetic stratabound
Stage: Exploration
Primary Minerals: Uranium

Mineral Resources: 

Category

Tons (000s)

%U3O8

lbs U3O8 (000s)

Inferred

19,300

0.57

24,400

¹ This table reflects historical mineral resource estimates considered to be a “historical estimate” under NI 43-101 and is not considered by the Company to be current.

Overview

The Deiter Lake Project is located in North-Central Quebec, approximately 150km north of the Hydro-Quebec Reservoir and within the Gayot Lake outlier of the Sakami Formation The Dieter Lake Project was formerly held by Uranerz Exploration and Mining, Strathmore Minerals Corp., Fission Energy Corp. and Denison Mines Corp. Dieter Lake was acquired by staking and is expected to require modest annual expenditures to maintain. Quebec ranks highly as a mining jurisdiction and has seen significant past expenditures on uranium exploration by both major and junior mining companies. Quebec ranks highly as a mining jurisdiction and has seen significant past expenditures on uranium exploration by both major and junior mining companies.

Geology

Uranium mineralization at Dieter Lake is in the form of fine-grained, sooty pitchblende within a shale-wacke horizon of the Sakami Formation. The pitchblende is accompanied by various sulphides and moderately associated with metallic elements Fe, Cu, V and Mo. The uranium ore horizon bed has been traced over an east-west distance of 5 km and is generally 20 to 80 m above the unconformity. It ranges from 0.2 to 3 m thick and has been observed up to 5 m thick.

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