The Viking property consists of one claim covering 2,106 hectares, located on the north side of the Athabasca Basin, east of Uranium City. The property covers four structurally controlled uranium prospects hosted in the footwall gneisses, similar to some of the deposits in the Uranium City and Collins Bay areas. The property also contains a large area of iron oxide alteration with potential for rare earth elements (REE) located north and northeast of the main uranium occurrences. All geological data has been compiled, and the property has received reconnaissance sampling and mapping.

 

The Athabasca Basin is widely recognized as the premier region in the world for high-grade unconformity-type uranium deposits like McArthur River and Cigar Lake. The region accounts for approximately 23% of the world's uranium supply.

Last updated May 6, 2009