Athabasca Basin

• Saskatchewan is a Tier 1 mining jurisdiction

Highest Grade Global Uranium Deposits

• Cigar Lake is the world’s highest grade uranium mine

A Long History of Uranium Mining

• Saskatchewan is the 2nd largest global uranium producer

Black Lake Uranium Project

• Located in the northeastern Athabasca Basin
• Uranium discovered in 1950 and the last exploration work undertaken in the 1950’s and 1970’s
• Land package consists of 20 mining claims covering 18,908 hectares
• Four separate projects: Higginson Lake, Charlebois Lake, Fisher Hayes and Spreckley Lake
• Uranium mineralization present on all four projects