Hook Lake (Uranium) 80% owned

Overview

16 contiguous claims covering 25,846 ha (258km²)

• Located 60km east of Key Lake Uranium Mine and 60km southeast of McArthur River Uranium Mine.
• Highly prospective part of the Basin as demonstrated with recent discoveries by 92 Energy and Baselode Energy just 30km north of Hook Lake (Gemini and ACKIO).
• Surface sampling from the S-Zone prospect in 2021 returned assays up to 59.2% U₃O₈, 507g/t Ag, 14.5% Pb and 5.05% TREO
• Anomalous rock chip results also returned from West Way prospect with up to 0.64% U₃O₈ and molybdenum assays of 3.4% and 1.9%.
• Maiden drilling program completed in April 2022, with 6 holes drilled at S-Zone. Best result of 2.5m @ 160ppm U₃O₈ from 105.5m with traces of visible uraninite
• 11 new geophysical targets identified – potential basement-hosted targets – on-ground follow-up planned.