Makena Resources Inc. (TSXV:MKN) reported that it has begun the next phase of operations on its Patterson Uranium Prospect in the Athabasca Basin, which directly borders Fission Energy’s discovery. The next phase of operations is focused on the recently discovered significant gravity low, and to extend the coverage of the first phase.
As quoted in the press release:
Makena Resources Inc. (the Company or Makena) (TSX-V: MKN) wishes to announce that the next phase of operations has commenced on its Patterson Uranium Prospect. The Patterson Property directly borders Fission Energy Corp’s (FCU-TSX) discovery in the Athabasca Basin of Saskatchewan.
Negar Adam, president of Makena stated, “Makena’s recent work program on the Patterson Uranium Prospect uncovered a significant gravity low. The next phase of operations will focus on this new discovery and extend the coverage by approximately double the size of the first phase. Recently, Fission announced outstanding results on its discovery extending it to the west. Makena’s property directly borders Fission’s discovery and borders Fission’s property to the northwest. The fact the Makena currently has one of the smallest market capitalizations of any company bordering Fission’s discovery, combined with a new work program having commencing, creates a foundation of optimism about the future growth of the company.”