The Bleasdell Lake project has seen extensive historical exploration, highlighted by the discovery of a significant uranium deposit. A total of 620,700 pounds of U₃O₈ (triuranium octoxide) was historically delineated through an intensive drilling program. This work, primarily conducted in the 1950s, focused on the Horn and Jackpine zones and was documented in a 1957 shareholder report by Columbia Metals Exploration Co. Ltd.
Key highlights include:
148+ drill holes reaching depths of 22.9 to 149.4 meters (75 to 490 feet), totaling 3,738.6 meters (12,265.9 feet)
The Horn zone was outlined as 1,030 feet long and 25–30 feet wide, with assays up to 0.54% U₃O₈
The resource estimate dates back to 1957 and was based on closely spaced shallow and more widely spaced deep drilling
The estimate was prepared using historical standards, with no modern technical report available
Methods, parameters, and calculations were not disclosed in the original report
A Qualified Person has not verified the estimate, so it cannot be classified as a current mineral resource
report on bleasdell lake uranium prospect
The 1957 Report notes that a total of 148 drill holes were completed between 1956 and 1957, totaling 3,738.6 meters (12,265.9 feet), with drill depths ranging from 22.9 meters (75 feet) to 149.4 meters (490 feet). Drilling was still ongoing at the time of the report’s publication. The Report emphasized the potential of the project, stating: “The BLEASDELL prospect is well positioned for economic development.” At the time, uranium was trading at approximately $7.50 per pound.
Follow-up exploration will focus on historically drilled zones known to host uranium-bearing pegmatite dykes:
Historic trenching returned 91m averaging 0.12% U3O8 over 2.56m and 33.5m averaging 0.62% U3O8 over 1.21m.
Priority areas for exploration include the Horn and Jackpine zones
Three additional zones have been identified by modern-day explorers as potential targets for deposit expansion
The Company recognizes that significant twinning of historic drill holes will be required to verify and upgrade the historical estimate
Methods, parameters, and calculations were not disclosed in the original report
As such, Darkstar is not treating the historical estimate as a current mineral resource at this time
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