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WESTERN AUSTRALIA

Paterson-Rudall River

Paterson is an early-stage project in Western Australia covering five exploration licence applications (two currently granted), which partly surrounds and abuts the Kintyre project.

Paterson (3,813 hectares) is 100% owned by Cameco while the Rudall River component (6,037 hectares) is a joint venture with Uranium Equities Limited (UEL). Cameco has a 60% interest in Rudall River and will manage the project.

The project land is located about 450 km east of Port Hedland near the western edge of the Great Sandy Desert. It is in close proximity to the more advanced Kintyre uranium project, now 70% owned by Cameco. The Rudall complex geology is considered an area with unrealized potential requiring further work using modern exploration techniques.

Exploration Objectives

  • Review and compile historical data
  • Geophysical interpretation
  • Ground reconnaissance

History

2009 Cameco and Uranium Equities Limited sign formal joint venture agreement on Rudall River project (July, 2009)
2007 onward uranium exploration by Cameco Australia
1987-1994 uranium focus by Uranerz Australia/Idemitsu joint venture
1978-1995 uranium/copper/diamond exploration by various companies
1978-81 copper and uranium focus by Occidental Minerals
1978 first uranium targets investigated by Esso Exploration
1971-1980 four different companies explore for base metals

DRILLING AT RUDALL RIVER

Drilling at Rudall River
Larger Photos(2 photos)

OWNERSHIP - RUDALL RIVER

Pie graph
    
 
Last Reviewed: April 8, 2011