District Scale Uranium Potential within A Mesoproterozoic red bed sandstone basin
PROJECT SUMMARY
Dessert Lake is a newly recognized Mesoproterozoic red bed sandstone basin, with an environment analogous to the “P-2 Fault” part of the Athabasca Basin.
The basin is cut by the Wopmay fault which hosts numerous root uranium vein deposits along its length, and additional potential exists for redox-sensitive and unconformity-type mineralization along the basal unconformity and proximal to crustal faults intersecting the basement and overlying cover.
With global demand for uranium increasing with the demand for clean energy, current uranium supplies are not enough to meet demand, and there is a shift towards regional supply chains and localized production.
Transition Metals holds the exclusive right to stake claims and is seeking a partner to jointly advance this district play.
