- Project ideally situated both proximal to the Saskatoon Lake conductor and the clearwater domain
- Hosts large structures including the Beatty River Fault
- Geophysical exhibit similar characteristics to the Shea Creek Project
- 3 high potential target areas - Appaloosa, Clydesdale & Mustang
Ideally Situated for Discovery
- 3 kilometres to the southeast of the Shea Creek Project.
- 13 km east of F3 Uranium’s JR Zone
The 100% Coffer Project consists of 8 contiguous claims covering an area of 35,875 hectares. It is located 3 kilometres to the southeast of the Shea Creek Project (85.05 million lb. of U3O8 combined indicated and inferred) and 13 km east of F3’s JR Zone (6.97% U3O8 over 15.0m, including 5.5m of 18.6% U3O8 in drill hole PLN22-035). The Coffer Project is a highly attractive project ideally situated both proximal to the Saskatoon Lake conductor and the clearwater domain which are both believed to contribute to uranium mineralization in the Western Athabasca basin.
A VTEMTM plus was completed on the property in winter 2023 to cover the entirety of the property and Stallion worked with Condor Consulting to interpret the data. This data is shown in the premliminary data of the magnetic tilt map in figure 2 below. Final data results are shown in the target maps.
- Appaloosa Target hosts a ~3km long conductor
- The conductor is hosted in a gravity and coincident magnetic low, which has known correlation to uranium alteration
- The conductor occurs sub-parallel to UEC’s Saskatoon Lake conductor, which hosts the Shea Creek Project
- Tensor Magneto telluric Survey completed in 2008 by Orano Canada also identified the anomaly
- Complex Structures identified in UTEM 3 and combined moving loop survey and Tensor Magneto telluric Survey
- Interpreted to be a large conductive package hosing multiple conductive plats
- Geologically complex, situated in a narrow magnetic low between edge of Beatty River fault and basement ridge
- Situated proximal to the Clearwater Domain which is believed to contribute to uranium mineralization in the Western Athabasca Basin
The company is planning on completing a 2-phase exploration program over fall 2023 and winter 2024.
Exploration will consist of a 142 line-km ground TDEM survey over the Appaloosa, Mustang, and Clydesdale target areas. The survey is planned to be completed this fall in October and November. The results will significantly increase the resolutions of the conductors, thus increasing the targeting probabilities of intersecting mineralization and alteration.
A 3,000 metre winter drilling program. The drilling phase will commence once ground TDEM results have be completed and interpreted. The Company will be utilizing gamma probe and borehole EM testing of the drill holes for additional information.
Figure 1 - Coffer Project Map
Figure 2 - Magnetic Tilt Domain with Exploration Corridors