The Conversation (0)
Makena Resources Inc. (TSXV:MKN) announced that its management is in the final stages of developing the next phase of operations on Makena’s Patterson Uranium Property , located in the Athabasca Basin. The property directly borders Fission Uranium’s (TSXV:FCU) recent discovery in the area.
As quoted in the press release:
The Patterson Uranium Prospect directly borders the uranium discovery on the Patterson Lake South Property by Fission Energy Corp. (“Fission”) (FCU-TSX.V). They will test structures interpreted from the VTEM survey carried out earlier this year. Combining the magnetic and the electromagnetic data, three such structures have been mapped on the Patterson Uranium Property. Two of these structures trend NW and one trends NE.
Makena President, Negar Adam, said:
Management is optimistic regarding the potential of the Patterson Uranium Prospect. This prospect directly borders the Fission discovery, which has caught the attention of the market thus giving Makena a wider audience for any potential positive results. Makena currently has the smallest market capitalization of any company that borders the Fission Discovery.
Click here to read the Makena Resources Inc. (TSXV:MKN) press release
Click here to see the Makena Resources Inc. (TSXV:MKN) profile.