Alberta
Summary
Location: Southern Alberta-30 km south of Fort Macleod
Commodities: Uranium, vanadium, molybdenum
Access: Excellent road access.
Status: Ongoing comprehensive surface exploration, radon cup surveys planned
Highlights
- Unexplored since 1981
- Staking activity began March 2005
- Favorable indicators of roll-front type uranium hosted in Cretaceous to Tertiary Willow Creek Formation
- Grab samples from 1981 returned up to 2,000 ppm uranium, 13 ppm molybdenum and 78 ppm vanadium
- 2005 and 2006 exploration identified areas for radon cup survey in 2007
Black Hawk may earn up to a 75% interest in Firestone Venture’s Alberta Sun uranium project located in southwestern Alberta, Canada.
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The Alberta Sun uranium property was selected because of the large land package, favorable geology, known uranium deposit indicators, excellent access and the positive business climate in Alberta.
The Alberta Sun uranium property (covering over 200,000 acres) is characterized by easy access across southern Alberta rangeland. Results of initial fieldwork on the project include scintillometer readings of up to 1250 cps (counts per second), visible alteration, shale beds and abundant hematite and carbonaceous material within sandstone. Composite grab samples of isolated organic debris material returned up to 7640 ppm uranium (0.901 U3O8). Grab rock samples (sandstone) from a separate area 40 km southeast returned 57 to 150 ppm uranium. Elevated vanadium, molybdenum, arsenic, and lead values, important indicators of sandstone-hosted uranium, occur at both areas.
A 2,384 line kilometer electromagnetic and magnetic airborne survey over four priority areas has been completed. TerraNotes Ltd. of Edmonton is carrying out initial analysis of the survey to be followed by sophisticated modeling of the dataset which should delineate high-priority areas for drilling.