![]() The airborne radiometric survey method to be employed by ALX is the same system used to detect buried uranium-bearing boulders at Patterson Lake in 2011, which contributed to the discovery of Triple R in November 2012. Recently, high-grade uranium mineralization has been sampled east of the Athabasca Basin, within the vicinity of Javelin, on surface by Valor Resources Limited, and in an exploratory drillhole on 92 Energy Ltd.'s Gemini Project.ĪLX is planning a first-pass, high-resolution airborne radiometric survey at Javelin, which may include a coincident airborne electromagnetic survey. New basement-hosted uranium is actively being explored for around the Athabasca Basin, outside the basin edge, where, for example, the Triple R deposit ("Triple R") was discovered by a joint venture at Patterson Lake, SK between ALX's predecessor company, Alpha Minerals Ltd., and Fission Energy Corp (now Fission Uranium Corp.). Javelin is located outside of the eastern margin of the Athabasca Basin within the central parts of the Wollaston Domain basement rocks, which host prolific uranium mines such as Key Lake, McArthur River, Cigar Lake and Rabbit Lake, amongst others. To view an enhanced version of this map, please visit: ALX acted quickly to acquire several projects in environments considered favorable for uranium mineralization around the Athabasca Basin, before staking activity peaked. ![]() Javelin was acquired during a recent staking rush that began in mid-September, 2021 (see claims map below). The Javelin claims are 100% owned by ALX with no underlying royalties. Javelin consists of nine mineral claims encompassing 23,652 hectares (61,073 acres), located near the eastern margin of the Athabasca Basin about 65 kilometres (40 miles) southeast of the McArthur River Uranium Mine. September 23, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired by staking the Javelin Uranium Project ("Javelin", or the "Project") in northern Saskatchewan, Canada. Vancouver, British Columbia-(Newsfile Corp.
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