Properties
VIRGIN LAKE
The Virgin Lake area properties are located adjacent to Cameco's Virgin River uranium project. As recently announced, drilling on Cameco's adjacent ground has resulted in the new discovery of the Centennial zone, where it intersected 18.3 per cent U3O8 over 5.3 meters in drill hole VR-22W2 and 6.72 per cent U3O8 over 5.2 meters in drill hole VR-024. Tribune's management team is encouraged by the results encountered by Cameco and others, in that Athabasca’s properties offsets and is adjacent to the properties surrounding the Centennial discovery zone.
