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Tisdale Clean Energy
Crux Investor Index
4
–
Market Cap (USD)
3266452
Symbol
CSE:TCEC
FRA:T1KC
Stage of development
Primary COMMODITY
Uranium
Additional commodities
No items found.
Tisdale Clean Energy Corp is a Canadian mineral exploration company focused on uranium. It is currently developing the Fraser Lakes Zone B uranium deposit, part of the South Falcon East project located in the Athabasca Basin region of Saskatchewan, Canada.
The South Falcon East property covers approximately 12,234 hectares along the southeast portion of the Athabasca Basin, a region that hosts some of the world's highest-grade uranium deposits. At the Fraser Lakes Zone B deposit, historical estimates have outlined an inferred resource of 6.96 million pounds of U3O8 at an average grade of 0.03% and 5.3 million pounds of ThO2 inferred at an average grade of 0.023%
Tisdale has an earn-in agreement with Skyharbour Resources to acquire up to a 75% interest in the project by spending CAD$10.5 million on exploration over 5 years and making cash payments of CAD$11.1 million. The company sees good potential to expand the known deposit along strike and at depth.
As it advances exploration on the flagship project, Tisdale Clean Energy aims to delineate a significant new uranium resource and capture value in a strengthening uranium market.
Article
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