MEGS Luncheon, November 13, Marshal Uranium Project, Athabasca Basin – A grass roots Discovery.
Green Canada Uranium (TSX.V: GCUC) acquired the Marshall property from Australian based Basin Energy Ltd. as part of its RTO and go public transaction. Trading commenced on September 9 and Green Canada completed a two hole drill program on October 3. The first hole intersected anomalous radioactivity over 6.2 metres in a reactivated basement fault at the sandstone/basement unconformity contact. Serendipity or Good Science? The second hole 500 metres to the west tested a parallel conductor which revealed that the fault structure hosting the uranium mineralization displaced the unconformity contact by 71 metres. This is further evidence that the uranium mineralized fault has seen periods of reactivation necessary for uranium mineralized fluids to migrate and form large, high grade uranium deposits typical of the Athabasca Basin. Airborne geophysics has identified this structure for over 8 kilometres. Mr. Mazur will discuss the next steps for follow-up of this exceptional start to a grass roots exploration play, albeit along a well located structural corridor for uranium deposits in the eastern Athabasca Basin, Saskatchewan.







