ValOre holds a 50% interest in the 131,412 hectare Genesis Property located northeast of Saskatchewan’s Athabasca Basin, with Roughrider Exploration Limited funding the current exploration program pursuant to an option to acquire up to an 85% interest in the property. This highly prospective project is located along the Wollaston-Mudjatik trend and extends 90 kilometres northeast from Wollaston Lake to the Manitoba border.
ValOre holds a 100% the Hatchet Lake Uranium Property, subject to a 2% NSR: 13,711 hectares (33,880 acres) in six claims adjacent to the north-eastern margin of the Athabasca Basin in Saskatchewan and three and a half (3.5) kilometres to the north west of ValOre’s Genesis Property
Hatchet Lake is located 39 km along trend from the Roughrider uranium deposit and within 29 kilometres of Cameco’s Eagle Point uranium mine. Multiple unconformity related basement targets of interest based on results from previous work by Hathor Exploration Ltd and Rio Tinto, including geophysics, boulder, soil, lake sediment and bio-geochemical sampling Low net acquisition cost