Ownership:Forum (100%)
Stage:Early Stage Exploration
Size:11,067 ha; Acquired by staking in 2020
Location &

The property is located 10 km south of the Rabbit Lake uranium, and immediately east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants. Easy access, with power readily available.

The Wollaston Uranium Project is located along the east margin of the Athabasca sandstone basin and boasts both road and power access, along with its close proximity to two uranium mills and ten mines/deposits within 35km of the property.
Proximity to

The target mineralization is shallow, basement-hosted uranium similar to the Eagle Point-Rabbit Lake uranium deposits found on the eastern edge of the Athabasca basin within the Rabbit Lake uranium mine district, approximately 25km to the north. The Eagle Point-Rabbit Lake uranium deposits were North America’s longest operating uranium facilities, having produced more than 203 million pounds of uranium over 41 years of mining operations to 2016. (Source: Cameco website).

Winter 2023 Drill Program & Ground Gravity Survey

  •  7 holes totaling 2031m were completed along the Gizmo trend. Assays returned anomalous uranium values between 95 and 444pm with coincident elevated boron up to 900ppm within weak to moderate clay alteration. Future drilling will focus along this trend including  a newly identified strong 750m long gravity low to the east. Drilling was unable to test this anomaly due to winter access challenges that will require helicopter support.
  • A  regional ground gravity survey over the property identified 14 new gravity anaomalies, many of which are associated with EM conductors. The accompanying map shows high priority conductors (A1, B1-3, and Burman Island), all of which will require future drilling.


New Conductor and Gravity Trends                                          

Maiden Winter 2022 Drill Program & Follow up Geophysical Survey

  • An eight hole 2,062m drill program was completed, with four holes successfully testing the Gizmo gravity target.  Uranium values as high as 0.21% U3O8 were intersected in an area of intense alteration, bleaching, and secondary hematite. A summer airborne geophysical survey has been designed to help structural interpretations and determine the precise location of EM conductors.  A Winter 2023 drill program is planned.

Wollaston Lake:  Summer 2022 Airborne Geophysical Suvey at Gizmo

Wollaston Lake: Conductor Trends and Radioactive Boulder Location

Wollaston Lake:  2022 Drill Areas 

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