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Blast Resources (OTCQB: BLSRF) reports identification of a strong uranium/thorium anomaly at its Wales Lake Uranium Project in the Athabasca Basin region, Saskatchewan. The anomaly, interpreted from Geological Survey of Canada data, trends north–south for approximately 12 km and is evident in both the length and width of claim MC00019518.
According to Blast Resources, historic information also shows seven faults, shears, or conductors within the claim, located on the eastern side of the Clearwater Domain. The company highlights Geological Survey of Canada research linking the deep, heat‑producing Clearwater granites to uranium deposit formation in the Patterson Lake corridor. The technical content was approved by Qualified Person Locke Goldsmith under NI 43‑101. Blast Resources continues to focus on exploration at its flagship Wales Lake Uranium Project.
Blast Resources (OTCQB:BLSRF) reported exploration results from its flagship Wales Lake Project in the southwestern Athabasca Basin, Saskatchewan. A December 2024 high-resolution airborne magnetic survey over Britt Lake, Brazier South and North Agar defined five priority targets for further work.
The project lies about 30 km south of the Arrow and Triple R uranium discoveries and 10 km south of uranium mineralization drilled by F4 Uranium, and is contiguous with Paladin Energy’s Typhoon project. Structural analysis outlines two key trends and a magnetite-destructive corridor that may indicate alteration.