Terra Uranium Limited (ASX:T92)

Company's Profile

Terra Uranium Limited is an Australia-based mineral exploration company that is primarily focused on exploring and developing uranium assets, with a particular emphasis on Canada's Athabasca Basin. The company holds a portfolio of projects, including the HawkRock Project, Parker Lake Project, and Pasfield Lake Project. The HawkRock Project is an early-stage uranium exploration project situated in the eastern part of the Athabasca Basin in Saskatchewan, Canada. This region is renowned for its high-grade uranium deposits. The HawkRock Project aims to assess the potential for uranium mineralization in this area. The Parker Lake Project is located approximately 90 kilometers northwest of Orano Canada Inc., a prominent uranium mining company. The project is situated in a strategic location within the Athabasca Basin and is likely to be prospective for uranium deposits. The Pasfield Lake Project is approximately 100 kilometers northwest of the Collins Bay mining camp. This project also falls within the Athabasca Basin and offers exploration potential for uranium resources. Terra Uranium Limited holds a 100% interest in 22 claims covering a total area of approximately 1,008 square kilometers, encompassing the HawkRock, Pasfield Lake, and Parker Lake Projects. These projects form the core focus of the company's exploration and development activities. The company's wholly owned subsidiary is Terra Uranium Canada Limited, which likely operates and oversees the exploration and development activities in Canada.