Joint-venture with Energy Metals Corp. Magnum has a right to earn up to 80% of the project.
Grades:
In process
Comments:
The Wild Buck Property is located in the southern Powder River Basin, just 6 miles northwest of Cameco's world-class Smith Ranch uranium deposit and permit area. The property hosts roll front-type uranium mineralization in the Paleocene Fort Union Formation directly beneath the School Coal Seam. This setting and stratigraphy are similar to that hosting the mineralization at Smith Ranch. Nuclear Exploration and Development Company drilled strongly mineralized intercepts on the property in the early 1970's. Magnum believes that the property has the potential to host multiple stacked mineral horizons and roll front systems similar to those found at the Smith Ranch.
