Hook Lake JV partners approve 2020 exploration budget

The partners in the Hook Lake project, in Saskatchewan’s Athabasca Basin, have approved an exploration budget of C$2-million for 2020, with exploration set to begin this winter.

The Hook Lake project is a joint venture (JV) between Cameco (39.5%), Orano Canada (39.5%) and Purepoint (21%) in the Patterson uranium district, which hosts Fission Uranium’s Triple R deposit and NexGen’s Arrow deposit.