Canadian explorer Dark Star Minerals (CSE:BATT) is working to unlock the full potential of its Ghost Lake property in the Newfoundland and Labrador province after completing a soil sampling program.
The company collected 19 rock samples and 52 lake sediment samples from across the property, which lies within the Central Mineral Belt of Newfoundland and Labrador that hosts several uranium deposits.
The samples will now undergo comprehensive geochemical analysis, with results expected in May.
CEO Marc Branson says the samples could provide important geological data that will help Dark Star better understand the property and guide its next steps in exploration, including identifying potential targets for follow-up exploration.
“Now that the sampling program is complete, we are looking forward to taking the next step in unlocking the full potential of the Ghost Lake property,” he says.
The 28,575-hectare Ghost Lake property is bordered on three sides by properties held by Atha Energy (TSX-V:SASK) that host several uranium deposits including Anna Lake, Moran Lake and Mustang.
The project also overlaps structural trends with known deposits such as Paladin Energy’s (ASX:PDN) Michelin project, and the Mustang Lake and Jacques Lake deposits now owned by Atha Energy following its merger with Latitude Uranium.
Dark Star, which has a market capitalisation of C$3.3 million ($3.7 million) says a historical radiometric survey completed across the Anna Lake and Ghost Lake B grids delivered “promising results” and outlined multiple anomalous regions.
The survey identified two prominent radiometric trends that may represent a single, continuous prospective body.
Dark Star says these findings support the potential presence of a large uraniferous system, warranting further follow-up exploration to the northeast and southwest to determine its full extent.
The company also believes the anomalies identified on the Ghost Lake B grid merit additional investigation in all directions to better understand the scope and significance of the radiometric signatures.
Dark Star is an explorer focused on the acquisition and development of critical mineral resources, specifically the rare-earth complex.
The company has an option to acquire a 100% interest in the Ghost Lake claims and has signed a non-binding agreement to acquire a 100% interest in the 515-hectare Bleasdell Lake Uranium Project in Northern Saskatchewan.
Write to Angela East at Mining.com.au
Images: Dark Star Minerals
