TSX.V: LGR

Carswell Property

Project Highlights

Location

5km north of Areva's former producing Cluff Lake deposit.

Exploration Potential

Known mineralization has been traced along surface for 700m and is the main target for continued drilling.


Location


The Carswell property consists of 2 claims covering approximately 7,552 hectares in the Athabasca Basin, one of the most prolific uranium regions in the world.

The property is located within the Carswell Dome structure, about 5km north of Areva's former producing Cluff Lake deposit which mined approximately 65 million pounds of uranium from shallow deposits with open pits and near surface underground operations. The deposits had an average grade of 0.73% U3O8.

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the location map

 

Claim Ownership

Logan Resources acquired the property in 2004. The Company optioned the property to Alpha Minerals Inc. (formerly ESO Uranium Ltd.) giving Alpha the right to earn an 80% interest in the property.

 

Historical Exploration


Drilling in 1981 by Amok returned an intersection of 0.89% U3O8 over 2.6m. In 2006, ESO Uranium carried out drilling which encountered extensions to the known mineralization in two of the eight holes drilled. Drill Hole CLU-01 intersected 0.46% U3O8 over 1.5m (174.0 – 174.5m) and CLU-07 intersected 0.17% U3O8 over 7 metres (153.0 to 160.0m) including one metre of 0.82% U3O8 and 0.20% U3O8 over 2.0m (175.0 to 177.0m). The structure has been traced along surface for 700m and is the main target for continued drilling.

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the claim outline


Adrian Bray, P.Geo., is a Director of Logan and a Qualified Person as defined by National Instrument 43-101 for the above mentioned project. The QP is a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC) as a registered Professional Geoscientist (P.Geo.). Mr. Bray has reviewed and is responsible for the technical information disclosed above.