The Lazy Edward Bay project is made up of 26 claims owned 100% by ALX totaling 6,364 hectares (15,726 acres) and straddles the southern margin of the Athabasca Basin. The property is located east of the Cable Bay Shear Zone, a crustal-scale, regional litho-tectonic domain boundary and lies within the western Mudjatic geological domain.
2014-2016
ALX Uranium’s predecessor Lakeland Resources,
completed an exploration program consisting of prospecting, radon testing and
conventional soil sampling on the Bay trend. Prospecting and sampling was also
conducted on the Liberty, Ponderosa and Jack trends. On the Bay trend conventional soil surveys,
prospecting and a RadonEX survey identified strong radon anomalism associated
with conductive zones. Exploration on the Liberty trend identified strongly
radioactive boulders and radioactive springs and muds at surface.
2017
In the winter of 2017 a
radon-in-water survey was completed as an extension to previous radon surveys
over the area of drill hole LE-050. An
anomalous trend in the radon was noted that corresponds to previously delineated
EM conductors from ground and airborne survey in the area.
2018
ALX contracted Special Projects Inc. (“SPI”) to perform a low-level airborne radiometric and magnetic survey of approximately 4,450 line kilometres over the Property. This airborne survey is effective in the detection of radioactive boulders in the shallow sub-surface that may not have been located by historical ground prospecting. The SPI survey method successfully detected responses from buried, high-grade uraniferous boulders at Patterson Lake in 2009, which provided an important vector to the discovery of the mineralized PLG-3B conductor at the Triple R deposit in November 2012.
