Castor, like Charcoal, lies beyond the Athabasca Basin edge and therefore has no overlying sandstone cover. The property is located 55 km north of Cameco Corp.’s Rabbit Lake – Eagle Point uranium mine operations (Figure 1). Basement rocks extend to the top of the bedrock. Castor is located at the intersection of a prominent northeast trending magnetic low anomaly that is roughly parallel to the Eagle Point – Collins Bay magnetic low at Charcoal and an east-west trending magnetic low anomaly. This intersection may be an area of enhanced structural complexity that would be prospective for uranium mineralization.
