“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.”