Bedford Metals has secured an exploration permit from the Canadian Ministry of Environment for its 2024 prospecting programme at the Ubiquity Lake Uranium Project in Northern Saskatchewan.
Covering 1,382 hectares, the Ubiquity Lake Uranium Project is positioned near significant geological features and adjacent to ALX Uranium’s Carpenter Lake Project.
The upcoming prospecting programme at Ubiquity Lake project aims to investigate and map historic showings and target zones that have been identified through previous geophysical programmes.
The claim block is due to be surveyed using advanced RS100 scintillometers and samples from high-value targets will be collected for assay analysis.
Bedford’s Phase I exploration programme for 2024 will focus on UL2014, a site where a 2014 prospecting and grab rock sampling programme yielded high uranium and thorium values from pegmatitic and granitic gneiss outcrops and boulders.
Additionally, work involves exploration of Target Zones 1 and 2 (T1 and T2), which are high-priority anomalies identified by Condor Consulting, through geophysical dataset interpretation.
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By GlobalData
The Ubiquity Lake Uranium Project’s principal target zones are north-west-trending subsurface conductive anomalies discovered in a 2014 VTEM (Versatile Time Domain Electromagnetic) survey and a 2007 GEOTEM survey.
Bedford plans to investigate areas with electromagnetic-magnetic targets and areas with anomalous uranium in surface outcrops.
The project’s proximity to the Athabasca Basin’s southern tip has led Bedford to pursue an exploration model similar to significant discoveries in the region, such as Fission’s Patterson Lake South Deposit and NexGen’s Arrow Deposit.
Bedford president Peter Born said: “Receiving the exploration permit is a crucial step forward for our Ubiquity Lake project. With this approval, we are set to commence our field activities and validate the promising targets identified in our previous surveys. We are committed to advancing our exploration efforts responsibly and sustainably.”
Earlier this month, Bedford finalised an option agreement to acquire the Sheppard Lake Uranium Project in Canada.
