Lakeland Resources Secures Additional Holdings in Athabasca Basin Region

Lakeland Resources (TSXV:LK,FSE:6LL) has acquired four new uranium properties by staking. The company has also added a further 22,264 hectares to its existing five properties, all within the Athabasca Basin region of Saskatchewan.

As quoted in the press release:

The properties that were expanded include: Lazy Edward Bay, Riou Lake, Hawkrock Rapids, Small Lake and Fedun Lake. The new claims were acquired in order to cover targets identified from a review of historic work. A highlight of the review is at the expanded Lazy Edward Property, where two conductive trends were defined by an airborne VTEM survey by Dejour Enterprises in 2006. One of the trends was followed up on the ground in 2009 with a Fixed-loop Time-Domain (FLTEM) survey and was apparently not drill-tested. The Lazy Edward Property, now totaling 31,128 hectares in size, contains eight significant exploration trends, many of which are drill-ready.

Click here to read the Lakeland Resources (TSXV:LK,FSE:6LL) press release