Reviewed by Lexie CornerFeb 25 2025
Refined Energy Corp. has engaged TerraLogic Exploration Inc. to assess data for the Basin and Milner Properties in Saskatchewan.
TerraLogic will submit a proposal for summer job programs at each location. Refined can acquire 100 % of each property, as outlined in the August 7th, 2024 news release.
The Basin and Milner Properties
The Basin Property has potential for unconformity and basement-hosted uranium mineralization, while the Milner Property is focused on surface pegmatite and structurally linked mineralization. The Basin Property is situated near Highway 905 in the northeastern part of the Athabasca Basin.
Radioactive anomalies have been associated with linear and conductive structures in previous explorations. The Milner Property is about 5 miles west of Missinipe on Highway 102, 60 km north of La Ronge, Saskatchewan. Previous studies have identified uranium deposits in multiple locations.
We believe the Basin and Milner properties are underexplored and are a positive complement to our flagship Dufferin Project, where we are planning a drill program. The Basin and Milner properties demonstrate our commitment to acquiring attractive exploration opportunities for the Company. These acquisitions further the Company’s strategy of developing a robust uranium-focused portfolio in the Athabasca Basin region, which is renowned for its high-grade uranium deposits and storied history of exploration, discovery, and development.
Mark Fields, Chief Executive Officer, Refined Energy Corp.