Projects

Project Overview

Uracan's 100%-owned Pipewrench Lake Property is located in the Wollaston Domain in Saskatchewan, approximately 120 km south of the Athabasca Basin, one of the most prolific uranium producing areas of the world. Pipewrench Lake is only 130 km NW of the town of La Ronge, Saskatchewan, a major mining supply centre.

The Wollaston Domain is a long north-south trending geologic belt that is the basement rock to many of the major mines in the eastern Athabasca Basin. While the Wollaston Domain is deeply buried in the Athabasca, it is at or near surface at Uracan's Pipewrench Lake. Uracan's claim block is 10,000 hectares, or approximately 100 square km. In 2006, the Company staked two claim blocks in the Pipewrench Lake and Narrows Lake areas in Saskatchewan.

In September 2006, Uracan staked two mineral claims totalling approximately 2,056 hectares in the Pipewrench Lake and Narrows Lake area approximately 130 kilometers northwest of La Ronge, Saskatchewan. Subsequently, Uracan staked additional ground surrounding the existing claims, increasing the total area staked to 100 km2 (collectively, the "Saskatchewan Property") and forming one contiguous group of claims. Uracan Resources holds a 100% interest in the Saskatchewan Property.

Pipewrench Lake had several phases of exploration in the late 1960's and 1970's, including ground and airborne geophysics, prospecting, surface sampling, trenching, mapping and diamond drilling. It has not seen any exploration activity since the late 1970's.