Drilling taking place in northern Sask. looking for uranium deposits
A Saskatchewan energy company will be drilling in northern Saskatchewan in an attempt to find uranium deposits.
Abasca Resources Inc. has gotten permission from the provincial government to drill 14 holes 5,000 metres deep across their Key Lake South Uranium Project which is over 400 km north of Prince Albert and around 200 km north of La Ronge.
In a statement sent to paNOW, the company said it hopes to find rich deposits that will help the province continue being a top global uranium producer.
Saskatchewan was the third-largest global producer of uranium in 2021, despite the McArthur River mine and Key Lake mill, one of the largest uranium producers in the world, being shut down at the time. These facilities officially restarted in 2022.