Location:
Northern Labrador, Canada
Ownership:
100% Interest
Deposit Type:
Basement-hosted
Stage:
Exploration
Primary Minerals:
Uranium
The Notakwanon Project is located in northern Labrador, approximately 60 km west of the Labrador coast and straddles the boundary of the Churchill and Nain Provinces. The Project is accessible via float plane or helicopter from Hopedale, Nain or Happy Valley-Goose Bay.
Altius Minerals completed a grassroots exploration program in 2006, which resulted in the discovery of a style of uranium mineralization that is unique in Labrador. Previous exploration work identified a cluster of uranium prospects with greater than 20 occurrences. Radiometric surveying by Altius Minerals highlighted broad elevated responses around the occurrences. Three main zones with traces of high-grade uranium mineralization have been identified including:
Overall, the Notakwanon Project is an untested, drill-ready, multi-target project with similarities to basement-style uranium deposits.
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