Rea uranium (Maybelle River / Dragon Lake)

RESOURCE CONTEXT

No defined resource; Dragon Lake vein to 54.5 % U over 0.5 m; ≈95 uranium showings on the Shield

High-grade showings on the Athabasca Basin's western margin, 60 km from Triple R and Arrow, with Alberta's own nuclear plans emerging.

Official reserve statements for this commodity (0)

GEOLOGICAL SETTING

Prospectivity envelopes for Uranium

• Athabasca Basin western margin (Maybelle River–Burwash)Favourable
  Unconformity-related uranium at the Athabasca sandstone / basement contact

Development regime

Tenure

Metallic & Industrial Minerals Tenure Regulation (AR 265/2022): permit — exclusive exploration right, indefinite term, no rent, $625 fee, assessment work $7/ha (first 2 years) → $13 → $20/ha; lease — 15-year initial + 15-year intermediate term, indefinite while producing, $3.50/ha rent.

Royalty

Metallic minerals: 1 % of mine-mouth revenue pre-payout; post-payout the greater of 1 % mine-mouth or 12 % of net revenue (AR 350/93 s.4).

DATASETS TO STACK HERE

Public layers that cover this site

• Bedrock geology of Alberta (Map 600 tiles)Alberta Geological SurveyWhich formation is at the bedrock surface: the first screen for outcropping targets such as silica sand, limestone, ironstone, bentonite, ammonite shell and shallow coal.
• Bedrock geology polygons (DIG 2013-0018, queryable)Alberta Geological SurveyAttribute-level bedrock mapping for screening host lithologies; heavy, so it loads only when zoomed in.
• Bedrock structures: faults, thrusts, fold axesAlberta Geological SurveyFault corridors focus brines, helium and MVT fluids and control Foothills coal geometry.
• Geology of Canada compilation (GSC raster)Natural Resources Canada – GSCHarmonizes Alberta units with Saskatchewan, BC and NWT geology for cross-border play continuity.
• Precambrian magnetic basement domains (AGS)Alberta Geological SurveyCraton architecture for diamonds (thick cold lithosphere), radiogenic basement for helium, and shear zones for uranium and gold.
• Stream-sediment geochemistry (AGS, 885 sites)Alberta Geological SurveyPathfinder anomalies for uranium, gold and base metals on the Shield and Foothills.
• GSC geochronology knowledgebaseNatural Resources Canada – GSCBasement and kimberlite ages for craton reconstruction.
• Metallic mineral occurrences (DIG 2019-0026)Alberta Geological SurveyKnown showings to anchor exploration models; density is highest on the Shield and Clear Hills.

NEARBY OPERATIONS

Within reach

• Andrew Lake – Charles Lake shield showingsMetallic exploration · AGS mapping / junior permits · ≈139 kmExploration
• Susan Lake gravel pitAggregate pit · Athabasca Minerals / Fort McKay partners · ≈143 kmOperating
• KearlOil sands mine · Imperial (71 %) / ExxonMobil · ≈145 kmOperating
• SBH / Buckton polymetallic black shaleMetallic exploration · Critical Minerals Americas · ≈153 kmExploration
• Syncrude Aurora NorthOil sands mine · Syncrude · ≈154 kmOperating
• Fort HillsOil sands mine · Suncor (100 %) · ≈156 kmOperating