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History of the Athabasca Basin in Saskatchewan

The Athabasca Basin is the world's highest quality uranium district, located in Canada, an outstanding mining country.

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The special geological conditions are responsible for the uranium wealth of the area. So-called unconformity-bound deposits (overlapping layers of rock, to put it simply) such as the Athabasca Basin in Alberta, Canada or the Alligator River Basin in Australia are among the most important uranium delivery areas. Rich uranium ore bodies were able to form in the area of the specially stored rock strata.

The town of Athabasca, formerly a fur trading station, served as a transit station for gold prospectors during the Klondike gold rush. The Athabasca River is a 1,231 kilometre long river with a huge catchment area. The famous McArthur River Mine has been mining since 1999. The very high uranium content attracts many uranium companies.

According to the International Atomic Energy Agency, there are now 449 nuclear power plants worldwide that need uranium. New power plants are being built and planned in many countries. Although the price of uranium is still a long way from what used to be US$ 136 per pound of uranium, it seems to be stabilising and has risen in the last 12 months.

For uranium prospectors located in the Athabasca Basin, such as IsoEnergy or Fission 3.0, a further increase in the uranium price would of course be advantageous. IsoEnergy - http://www.commodity-tv.net/c/search_adv/?v=298832 - has various potential projects in the eastern part of the basin. These include the Laroque East property, which has high-grade uranium mineralization. IsoEnergy is also working on the Mountain Lake uranium property in Nunavut.

Fission 3.0 - http://www.commodity-tv.net/c/search_adv/?v=298932 - also specializes in the acquisition, exploration and development of uranium properties. The Patterson Lake North uranium project in the Athabasca Basin is 100 percent Fission 3.0.

Current company information and press releases from Fission 3.0 (https://www.resource-capital.ch/en/companies/fission-30-corp/) and IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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