“There were two main phases of exploration activity
on the property by Rix Athabasca Uranium Mines Ltd. and Amax
Athabasca Uranium Mines Ltd. (1949 to 1958) and by Mukta Canada
Ltd. (1967-1969). The three companies carried out traditional
prospecting with Geiger counter and scintilometer, trenching,
geological mapping followed up with diamond drilling the strongest
radioactive showings.
18 uranium showings were located on the property as listed
and described by Beck (1969). Two parallel uranium bearing shear/fracture
zones, located on the northern portion of the property and along
the Chance Lake Fault Zone were previously tested with 41 shallow
percussion drill holes and 7 diamond drill holes along a 500
meter strike distance. The percussion drill holes were tested
down hole with a scintilometer probe to measure the radioactive
response of the rocks intersected in the drill holes.
Two previous bulk samples were taken from two showings
located on the property. The first was a 46 ton hand sorted
bulk sample from the Amax’s 50-CC1-80 showing assaying
0.5% U308. A second 6.5 ton hand sorted bulk sample, was extracted
from Mylo’s Lease (Rix #49-CC1-4) assaying 0.5% Uranium.
Rix Athabasca Uranium Mines Ltd. reported a grab assay of 12.53%
U308 from the Rix #59 showing located in the southwestern portion
of the property.
Past production in the area came from four outside occurrences;
the Cinch, Lorado, Rix Smitty and Leonard occurrences. The Cinch
Lake and Rix Smitty mines produced a total 1,869,000 lbs. of
U308.
Most of the showings on the property are located in the
central and northwestern portion of the property. These uranium
showings are contained within the Northeast trending Chance
Lake Leonard and Boom Lake Shear/Facture Zone. A fourth less
explored Bushel Inlet Shear Zone crosses the southeast portion
of the Property. The Cinch Lake Uranium Mine located 3 km east
of the property, is at the intersection point of the ENE trending
Crackingstone Fault Zone and the Black Bay Fault. The Crackingstone
Fault crosses through the central portion of the CRR Property.
This Fault Zone intersects the NE trending Boom Lake, Leonard
and the Chance Lake Fault Zone in the central portion of the
Property. Several known uranium occurrences are located within
these three NE trending shear zones. Their intersection with
the Crackingstone Fault Zone represents three prime uranium
exploration targets on the CRR Property.
During the recent evaluation, samples were obtained from
an open cut and adit located in the northern portion of the
Property. This adit is known as Rix #7 adit. Four samples taken
from the rock pile and trenches along the strike of the fracture
zone along an east-west strike length of 275 meters assayed
from 0.28% to 6.55% Uranium.
The author has concluded that the property warrants
further exploration work to test the depth and structure of
the known occurrences and to test the unexplored sections, such
as the areas in the central portion of the Property, where the
Chance Lake, Boom Lake (Eric) Leonard faults intersect with
the Crackingstone fault.
A 2-Phased multi-disciplined exploration program
is proposed.”