Tisdale Clean Energy: Developing the Fraser Lakes B Uranium Deposit in the Athabasca Basin

Tisdale Clean Energy: Developing the Fraser Lakes B Uranium Deposit in the Athabasca Basin


Tisdale Clean Energy (CSE:TCEC) focuses on uranium exploration and development by exploring the South Falcon East uranium project that spans over 12,000 hectares in the Athabasca Basin in Saskatchewan, Canada, and is home to the Fraser Lakes B uranium and thorium deposits.

In October 2022, Tisdale entered into an agreement with Skyharbour Resources (TSXV:SYH,OTCQX:SYHBF, FWB:SC1P) to acquire up to 75 percent interest in the South Falcon East project.

Athabasca Basin

he South Falcon East is the company’s flagship uranium project where outcrop grab samples from 2008 to 2011 returned between 0.04 percent and 0.45 percent triuranium octoxide, and drill core samples returned mineralized sections with values from 0.01 percent to 0.55 percent triuranium octoxide. The Fraser Lakes Zone B deposit comprises multiple-stacked uranium, thorium and REE mineralization with an NI 43-101 mineral resource estimate of 6.9 Mlb triuranium octoxide at 0.03, and 5.3 Mlb thorium oxide at 0.023 percent within 10.3 million tons (Mt) of material using a cut-off grade of 0.01 percent triuranium octoxide.

Company Highlights

  • Tisdale Clean Energy is a Canadian company focused on uranium exploration and development.
  • The company’s flagship South Falcon East uranium project in the Athabasca Basin in Saskatchewan, Canada, contains the Fraser Lakes B uranium/thorium deposit.
  • The South Falcon East project has a historic inferred mineral resource estimate of 6.9 million pounds (Mlbs) triuranium octoxide at a grade of 0.03 percent, and 5.3 Mlbs thorium oxide at 0.023 percent thorium oxide.
  • The geological and geochemical characteristics of the project are similar to several other high-grade deposits in the basin, such as Eagle Point, Millennium, P-Patch and Roughrider.
  • The Athabasca Basin is home to most of Canada’s high-grade uranium deposits and contributes over 20 percent of the world’s supply. Saskatchewan is a geopolitically stable, proven mining jurisdiction with significant infrastructure already in place.
  • Uranium prices have crossed $100/lb, last seen in 2007, reflecting a tight market driven by an increased focus on nuclear energy as the world transitions to net zero.

This Tisdale Clean Energy profile is part of a paid investor education campaign.*

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Tisdale Clean Energy

Tisdale Clean Energy


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Tisdale Clean Energy To Begin Initial Phase One Drill Program at South Falcon East Uranium Project, Athabasca Basin, Saskatchewan

Tisdale Clean Energy To Begin Initial Phase One Drill Program at South Falcon East Uranium Project, Athabasca Basin, Saskatchewan

(TheNewswire)

Tisdale Clean Energy Corp.

Tisdale Clean Energy Corp. (" Tisdale " or the " Company ") (TSXV:TCEC ) ( OTC: TCEFF ) ( FSE: T1KC ) is pleased to confirm its upcoming work program at the South Falcon East Uranium Project which hosts the Fraser Lakes B uranium deposit. The south Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake uranium mill and former mine

News Provided by TheNewsWire via QuoteMedia

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Tisdale Clean Energy Upsizes Private Placement and Closes $1.145M Second Tranche

Tisdale Clean Energy Upsizes Private Placement and Closes $1.145M Second Tranche

(TheNewswire)

Tisdale Clean Energy Corp.

Vancouver, B.C. TheNewswire - February 1, 2024 Tisdale Clean Energy Corp. (the " Company " or " Tisdale ") (CSE:TCEC ) ( OTC:TCEFF ) ( FSE:T1KC ) is pleased to announce that it has closed a second tranche of its non-brokered private placement (the " Offering ") and has issued a further 6,362,216 units (each, a " Unit ") at a price of $0.18 per Unit for gross proceeds of $1,145,199.  Each "Unit" issued in the second tranche of the Offering consists of one common share of the Company and one share purchase warrant exercisable at a price of $0.30 until February 1, 2026.

News Provided by TheNewsWire via QuoteMedia

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The uranium spot price hit a two decade high of US$106 per pound in January.

The energy commodity endured low prices for decades, but its recent rapid rise has come amid ongoing supply concerns and a strong outlook for demand. On the supply side, major producers are facing headwinds in ramping up output, while geopolitical concerns are creating supply chain uncertainty. In terms of demand, governments around the world continue to build out their nuclear power capacity in an effort to move away from fossil fuels.

The Investing News Network has recently spoken with many market watchers who are bullish on uranium, including Rick Rule, John Ciampaglia, Lobo Tiggre, Byron King and Justin Huhn. Tiggre mentioned uranium as a sector for which he has near-term optimism. For his part, Huhn pointed out that small- and mid-cap companies have been outperforming larger-cap companies. Rule highlighted the uranium companies he's looking at in this market environment.

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Tisdale Clean Energy Mobilizes Crew and Equipment for Phase One Drill Program at South Falcon East Uranium Project, Athabasca Basin, Saskatchewan

Tisdale Clean Energy Mobilizes Crew and Equipment for Phase One Drill Program at South Falcon East Uranium Project, Athabasca Basin, Saskatchewan

TISDALE CLEAN ENERGY CORP. (“ Tisdale ” or the “ Company ”) (TSXV:TCEC ) ( OTC: TCEFF ) ( FSE: T1KC ) , is pleased to confirm that crew and equipment has begun mobilization for its upcoming work program at the South Falcon East Uranium Project which hosts the Fraser Lakes B uranium deposit. The south Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake uranium mill and former mine.

Tisdale Clean Energy Corp entered into an option agreement with SkyHarbour Resources Ltd in October of 2022 whereby the company can earn up to a 75% interest in the South Falcon East property.

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Laramide Confirms High-Grade Uranium Expansion Potential at Westmoreland

Highlights:

  • 2023 drilling campaign included 13 holes for infill and extension at the Huarabagoo uranium deposit.
  • High grade uranium intercepts include:
    • HB23DD002 – 1.5m @ 1,448ppm (0.14%) U 3 O 8 from 74.5m

    • HB23DD004 – 19m @ 519ppm U 3 O 8 from 47m
      Including 2.00m @ 1,690ppm (0.17%) U 3 O 8 from 53m

    • HB23DD005 – 6m @ 682ppm (0.07%) U 3 O 8 from 50m
      Including 1m @ 1,066ppm U 3 O 8 (0.11%) from 50m
      and 0.89m @ 1,798ppm (0.18%) U 3 O 8 from 54.75m

    • HB23DD006 – 3m @ 1,236ppm (0.12%) U 3 O 8 from 102m
      Including 1m @ 2,305ppm (0.23%) U 3 O 8 from 103m

    • HB23DD007 – 11m @ 747ppm (0.07%) U 3 O 8 from 42m
      Including 2m @ 1,389ppm (0.14%) U 3 O 8 from 45m
      and 1m @ 1,739ppm (0.17%) U 3 O 8 from 49m
      ALSO 5m @ 833ppm (0.08%) U 3 O 8 from 71m
      Including 1m @ 1,651ppm (0.17%) U 3 O 8 from 73m

ALSO 7m @ 3,041ppm (0.30%) U 3 O 8 from 80m Including 5m @ 4,204ppm (0.42%) U 3 O 8 from 81m With 1m @ 10,353ppm (1.04%) U 3 O 8 from 82m

News Provided by Canada Newswire via QuoteMedia

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