UCL | EG2 | EG3
EXPLORING FOR URANIUM IN LABRADOR’S OVERLOOKED CENTRAL MINERAL BELT
Home to One of North Americas Largest Uranium Deposit
LEVERAGE TO A NEW DISCOVERY IN LABRADOR’S CENTRAL MINERAL BELT (CMB)
The CMB in Labrador is an under-explored mineralized belt which has taken a back seat to Canada’s other prolific Uranium jurisdictions.
Uranium Exploration in Premier Uranium District
Exploration upside in CMB, home to one of North Americas largest Uranium deposits, the Michelin Deposit – 127.7MM lbs owned by Paladin Energy
Path to Drilling & Discovery
High-grade uranium mineralization identified by previous operator – up to 4.06% U308 identified in regionally significant, under explored, pegmatite bodies
District-Scale Land Position
Dominant land position of 11,025 Ha of mineral rights in the Wilson Lake- Metchin River area of Central Labrador
Access to Green Energy & Infrastructure
The sixteenth largest hydroelectric power station in the world, Churchill Falls Generating Station, is located near the project. Power lines and the Trans-Labrador Highway transect the property, providing accessible infrastructure.
DISCOVER CENTRAL URANIUM’S UNTAPPED POTENTIAL
Newfoundland & Labrador ranked 4th globally for mining investment
Underexplored Region
2008 program confirmed presence of significant uranium mineralization in one of 3 documented pegmatite bodies
Compelling Valuation
Significant potential for upward re-rating as uranium exploration progresses steadily and yields promising results
Proven Team
Track record of value creation through consistent and impactful discovery
High-Grade Uranium
Potential for high-grade and bulk tonnage uranium deposits with substantial economic benefits.
Onshoring of Nuclear is Good For Canada
Canada is well-positioned to supply a net-zero world with high-quality nuclear fuel
Strategic Shift in Uranium Policy
Bipartisan Legislation: The US Government recently signed a bipartisan bill banning the import of uranium products from Russia
Recent News
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
Breaking News: New Developments in Renewable Energy
Date: June 18, 2024
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