< Back to all clusters
[BUSINESS] · Canada · 4 sources

started · updated

Radiant Uranium acquires Cross Lake uranium property in Saskatchewan

Radiant Uranium Corp. has announced the acquisition of the 2,048-hectare Cross Lake uranium property located southwest of the Key Lake mine in the Athabasca Basin, Saskatchewan. The property contains an estimated 371,038 pounds of U3O8, based on historical data from 1979, with mineralization identified in the Narrows, Portage, and Cross zones.

In addition to the Cross Lake acquisition, the company is advancing exploration planning for its Key Lake Road and Gorilla Lake projects. Planned activities include permitting, line cutting, induced polarization measurements, and diamond drilling at Key Lake Road, alongside field surveys and drilling permit applications at Gorilla Lake.

Radiant Uranium, which recently rebranded from Kirkstone Metals Corp. to reflect its exclusive focus on uranium, has also transitioned its listing from the TSX Venture Exchange to the Canadian Securities Exchange (CSE). The company's strategy focuses on combining the acquisition of uranium assets with systematic exploration within the Athabasca Basin.

Entities

Athabasca Basin