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The rising need for clean energy is quickly translating into a higher global demand for uranium - Terra Clean Energy is focused on acquiring and exploring uranium projects to help meet this demand.
The South Falcon East property covers approx. 12,234 ha and lies 18 kilometers outside the southeast portion of the Athabasca Basin, 55 kilometers east of the Key Lake Mine. The project area is in close proximity to two all-weather northern highways and grid power.
Geological and geochemical features show distinct similarities to high grade, basement-hosted deposits in the Athabasca Basin such as Eagle Point, Millennium, P-Patch and Roughrider
Exploration potential of the 6 by 7-kilometre Fraser Lakes target area is considered exceptional, including resource expansion potential along strike and at depth at the Zone B uranium deposit
In March of 2015, Skyharbour updated the historical NI 43-101 mineral resource estimate* for the Fraser Lakes Zone B deposit at the south end of the property:
Winter/spring 2015 drill program consisted of 1,278 metres in five holes:
*The historical resource is described in a technical report on the Falcon Point uranium project, Northern Saskatchewan, dated March 20, 2015, and filed on SEDAR by Skyharbour Resources Ltd. Tisdale is not treating the resource as current and has not completed sufficient work to classify the resource as a current mineral resource. While Tisdale is not treating the historical resource as current, it does believe the work conducted is reliable and the information may be of assistance to readers.
Terra’s initial phase one program included 442m drilled in two drill holes during February of 2024. Hole SF-0059 was completed to a depth of 221m and intersected multiple zones of uranium mineralization over 13.5m, confirming the presence of mineralization in the vicinity of historical hole FP-15-05. Highlights include: