Daniel Lake

Rock sampling and mapping at the Puqila Zone on the Daniel Lake uranium property in the Ungava Bay region

Key Ungava Bay uranium property

The Daniel Lake property (536 claims, 242.9 km²), owned 100% by Azimut, is located about 20 km east of Ungava Bay in Nunavik, northern Quebec.

The nearest village is the Inuit coastal community of Kangiqsualujjuaq, equipped with an airport and port facilities. The property is about 160 km northeast of Kuujjuaq, the largest Inuit village in Nunavik and its administrative capital..

Discovery of a new uranium province

The discovery by Azimut and AREVA of several hundred uranium prospects has revealed the Ungava Bay region to be a new Canadian uranium province.

Daniel Lake is adjacent to the southern edge of the North Rae property, also 100% owned, and together they cover a combined area of 50 by 60 km, forming the backbone of Azimut’s land position in the Ungava Bay region.

The Daniel Lake and North Rae mineralized zones show an excellent spatial correlation with uranium anomalies identified by geophysical surveys flown over the two properties, and it is this large-scale footprint that was revealed by the Company’s uranium potential assessment of more than 650,000 km² of land in northern Quebec in 2005.

Uranium mineralization

In 2006, preliminary field work confirmed the presence of an extensive uranium mineralized system on the North Rae and Daniel Lake properties. Results of subsequent field programs and geophysical surveying led to the discovery of twelve (12) mineralized zones at surface over both properties, with a cumulative length of 17 km and grades up to 3.3% U₃O₈.

Mineralization is Rössing-type, related to an extensive shallow-dipping pegmatitic sill system at or near the contact between Archean gneisses and Proterozoic metasedimentary rocks. Azimut controls over 70 km of this highly prospective geological contact (see below).

Puqila Zone

The most important of the Daniel Lake mineralized zones is the Puqila Zone, an extensive uranium trend recognized over a discontinuous 6-km strike length at or near the Archean-Proterozoic contact. Grab samples of mineralized, gently dipping intrusive rocks yielded up to 0.70% U₃O₈, and preliminary channel samples from the northern part of the zone included 3,020 ppm U₃O₈ over 1.0 m.

All targets on the Daniel Lake property remain open and many have yet to be field-tested.

Regional control on mineralization

Exploration results from Azimut's main Ungava Bay properties indicate three main types of regional-scale geological features controlling the distribution of uranium mineralization in the area:

The geological contact between Archean basement and Proterozoic metasedimentary rocks. Azimut's main property block formed by the North Rae, Daniel Lake, Kangiq and Burrel Lake properties covers this favourable geological contact along a 70 km continuous strike length. This type of setting is considered highly prospective for uranium on a worldwide basis.

Regional-scale late northwest-trending faults hosted in Archean basement.

Favourable lithologies within the Proterozoic metasedimentary package of the Lake Harbour Group. Reduced facies and carbonates represent high priority targets that have been subject to very limited exploration to date.

Strategic advantages

Azimut’s Daniel Lake and other Ungava Bay properties benefit from three strategic advantages:

The properties have the potential for a large resource base at shallow depth, amenable to open pit mining.

The properties are well positioned, only a short distance from port facilities on the Ungava Bay coast, near deep sea water, and close to a permanent airport and other infrastructure.

The province of Quebec is recognized around the world as a low-risk region for exploration and mining.

Relevant Press Releases

November 05, 2009
Strong uranium potential supported by channel sample results at Azimut's North Rae and Daniel Lake properties, Quebec

October 06, 2009
Azimut advances on its North Rae and Daniel Lake Uranium properties, Nunavik, Quebec

July 09, 2009
Azimut regains the North Rae and Daniel Lake Properties

February 19, 2009
Azimut reports significant progress on the North Rae and Daniel Lake properties, Nunavik, Quebec

September 03, 2008
Azimut outlines an extensive radioactive zone at Daniel Lake

September 22, 2006
Azimut stakes a large uranium target in the Ungava Bay Region

May 29, 2007
Azimut's update on 13 uranium exploration properties in Quebec