Athabasca Uranium Inc. (CVE:UAX) reports option agreement for McGregor Lake property, Saskatchewan, Canada
Athabasca Uranium Inc. (TSXV:UAX) reports option agreement for McGregor Lake property, Saskatchewan, Canada.
The press release is quoted as saying:
The McGregor Lake Property is located on the eastern edge of the Athabasca Basin, the most productive uranium-producing region in the world.
Gil Schneider, Athabasca Uranium’s President & CEO says:
“McGregor Lake is an excellent addition to our portfolio of properties, and conforms perfectly to our corporate strategy of acquisitions in the Basin on which we can employ our exploration partner’s leading-edge uranium-finding technology. Due to its proximity to Moore Lake, we could not forego the opportunity of acquiring this property.”