Orion

The Orion property, like Ursa, is located along the interpreted Cable Bay shear zone, approximately 34 km northwest of the McArthur River uranium mine (Figure 2).  The property is characterized by a north-south zone of low magnetic susceptibility with historical electromagnetic conductors that wraps around to the east at its north end, implying prospective structural complexity.  The property has never been drilled.  Nearby historical drill holes suggest the depth to the sub-Athabasca unconformity is 750 m to 900 m.

Figure 2 - Ursa and Orion Properties