Business
Western Athabasca Syndicate Commences Phase Three of Exploration Program at its Preston Lake Uranium Project in the Patterson Lake Region, Saskatchewan
Western Athabasca Syndicate Commences Phase Three of Exploration Program at its Preston Lake U...
About this update from Dixie Gold Inc.
[{"type":"text","content":"Western Athabasca Syndicate Commences Phase Three of Exploration Program at its Preston Lake Uranium Project in the Patterson Lake Region, SaskatchewanWestern Athabasca Syndicate Commences Phase Three of Exploration Program at its Preston Lake Uranium Project in the Patterson Lake Region, Saskatchewan\nCranbrook, British Columbia CANADA, September 19, 2013 /FSC/ - Athabasca Nuclear Corporation  (ASC - TSX Venture), (\"Athabasca Nuclear\") is pleased to provide an update on the exploration activities at the Western Athabasca Syndicates' 246,643 hectare (609,469 acre) Preston Lake Property located south of Fission Uranium (TSX.V: FCU) and Alpha Minerals' (TSX.V: AMW) nearby Patterson Lake South (\"PLS\") high-grade discovery. The Western Athabasca Syndicate consists of Athabasca Nuclear, Skyharbour Resources Ltd. (TSX-V: SYH), Noka Resources Inc. (TSX-V: NX) and Lucky Strike Resources Ltd. (TSX-V: LKY) (\"the Syndicate\"). \nThe Syndicate is very encouraged with the recently completed first-pass ground program (see September 5, 2013 news release) and has rushed sample geochemical results as the next planned phase of follow-up field work commences.\nA map of the Western Athabasca Syndicate Project claims can be found on this page:\nhttp://www.athabascanuclear.com/projects/wasp\nRecent fieldwork focused on the evaluation of fourteen high-priority targets identified by the Syndicate's Technical Committee using an advanced targeting matrix. Targets have been prioritized based on a detailed criteria set consisting of similar geological features and exploratory indicators present at Fission Uranium and Alpha Minerals' nearby Patterson PLS discovery. Targeting matrix components included preliminary data from the 2013 VTEM plus and radiometric airborne surveys. The VTEM plus survey has mapped over 300 kilometres of graphitic-type conductor segments, some approaching 10 kilometres in length, in the eastern blocks of the Preston Lake property. Basement geological trends in the furthest western block are oriented NW-SE, while those in the eastern blocks are E-NE which is similar to Fission and Alpha's PLS high-grade uranium discovery area. Cross-cutting structural features and flexures affecting the conductor traces, which are often associated with the high-grade uranium deposits of the Athabasca Basin, including the PLS discovery,...