Greenridge Exploration Provides Regional Review of its Nut Lake Uranium Project, Thelon Basin, Nunavut
VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to provide a regional review of its Nut Lake Project (“Nut Lake Property” or the “Project”) located in the Thelon Basin, Nunavut Territory.
- VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to provide a regional review of its Nut Lake Project (“Nut Lake Property” or the “Project”) located in the Thelon Basin, Nunavut Territory.
- The Nut Lake Property has the potential to host unconformity vein and breccia type uranium bearing systems.
- The boundary between these Proterozoic basins and the Archean marks an unconformity that has garnered global attention for uranium exploration, characterized as "unconformity-style uranium" deposits.
- Discovery and Exploration: Uranium deposits in the Beaverlodge area were discovered in the late 1940s, sparking a rush of exploration and development.