Wollaston Lake South Project

PROJECT SNAPSHOT

The Wollaston Lake South Project is a massive, district-scale land package positioned right within a Tier-1 neighbourhood of major producers and active junior explorers.

Located just outside the current Athabasca Basin margin,
the project is a direct geological analog to the famous Eagle Point Mine setting, where high-grade uranium mineralisation extends from surface to nearly one kilometre in depth.

Location

Eastern Basin margin, 36km south of Cameco’s Rabbit Lake Mine

Commodity

Uranium (U3O8)

Project area

District-scale land package covering approximately 336km

Target depths

Surface to deep basement hosted target corridors

Geological setting

Located just outside the current basin margin within mineralised Wollaston Group basement rocks

Deposit style

Basement-hosted, structurally prepared thrust-fault uranium deposits

Exploration stage

High-density surface geochemistry and airborne target resolution

Current exploration

Wollaston Lake VTEM Survey Interpretation – Electromagnetic Imaging

Data from a recently flown Versatile Electromagnetic (VTEM) survey over the Maverick Minerals Limited’s Wollaston Lake claims were reviewed and interpreted to delineate potential uranium prospects based primarily on the presence and structural position of bedrock conductors defined by the VTEM data. Both areas are over 6km in length.

INVESTMENT HIGHLIGHTS

Untested exploration potential

Extensive historic surface programs confirmed strong uranium anomalism at surface, yet no exploration drilling has ever been conducted on the property

Surrounded by major producing assets

Surrounded by the industry’s biggest players, sharing direct borders and regional trends with Denison Mines, Cameco, SkyHarbour, Purepoint, Atha Energy, and Appia

65km Structural Corridor

Reprocessed magnetic and gravity datasets have mapped out multiple, repeated structural targets along an immense 65km long operational window

Independent mineralised trend

Multiple mapped uranium occurrences indicate a distinct, subparallel mineralised corridor completely separate from the main mining trends to the west

GEOLOGICAL SETTING

The project is centred on highly deformed Wollaston Group basement rocks showing widespread historic uranium occurrences along strike. The asset features exceptional structural preparation for massive fluid flow, dominated by rotated thrust duplexes and extensive axial-planar fault arrays. Crucially, the property is sliced by the regionally significant, north-trending Tabbernor fault system — a major structural driver directly responsible for some of the eastern Athabasca Basin’s most valuable uranium deposits.

Exploration history

Regional surveys

Government and historic regional lake-sediment surveys identified a continuous, northeast-trending uranium-pathfinder anomaly slicing through the entire property

Surface sampling

Historic rock-chip and prospecting programs successfully validated high-grade uranium showings at surface within the exposed basement rocks

Modern reprocessing

Reinterpretation of regional datasets has isolated multiple deep-seated structural traps perfect for hosting bulk uranium deposition

Infrastructure

Industrial proximity

Located on the active eastern margin with direct proximity to established, multi-generational mining infrastructure networks

Logistical advantages

Direct connectivity to all-weather transport corridors and regional supply centres reduces seasonal exploration bottlenecks

Established jurisdiction

Supported by a transparent, proactive provincial government framework committed to Western strategic critical mineral supply chains

Planned exploration Works

High-density geochemistry​

Deploy field crews to collect rock chip (multielement, SWIR, petrographic) & biochemical samples (soil or black spruce bark)

Airborne data integration​

Merge incoming high-resolution airborne geophysical data with reprocessed gravity layers

First-pass target ranking

Resolve coherent target zones across the 65km corridor to establish clean, first-pass drill priorities

The Prospectus, IPO Information and Target Market Determination (TMD) will be available soon.

Subscribe to receive updates and be notified when the IPO information becomes available.

Stay informed