- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
First Helium
Black Swan Graphene
Purpose Bitcoin ETF
Soma Gold Corp.
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Aldrin Resource
Uranium Exploration in the Patterson Lake District
OVERVIEW
Aldrin Resource Corporation (TSXV:ALN) is a Canadian-based junior uranium exploration company whose principal property is located in the emerging uranium district of Patterson Lake in Canada’s Athabasca Basin. Aldrin Resource has an option to earn up to a 70 percent interest in the Triple M Uranium Property. The property is adjacent to and on strike with the recent high-grade discovery at the Patterson Lake South (PLS) property held jointly by Fission Uranium Corp. (50 percent) and Alpha Minerals (50 percent).
An airborne magnetic and electromagnetic survey is underway on the property with early results showing two basement conductive trends. A winter drill program to further evaluate potential targets is planned to commence in January 2014. Aldrin Resource is managed by a team of mining professional specializing in securities law, finance and geological engineering.
INVESTMENT HIGHLIGHTS
- Prime location, adjacent to and strike with the high-grade discovery at the Patterson Lake South uranium property
- Potential to host high-grade U3O8 at favourable depths (90 to 140 m), similar uranium mineralization structures as those at PLS and Cameco’s Derkson Lake
- Airborne Mag/EM (VTEM) with encouraging conductive anomalies detected including two parallel basement conductive trends
- Cash in the treasury
- Low market cap ($3.25 million) compared to other Patterson Lake area players Fission Uranium ($98.8 million) and Alpha Minerals ($88.7 million)
Interactive Chart
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.