NeoCore
Property Overview
NeoCore is a 100%-owned, 13,012-hectare uranium exploration property located east of the Athabasca Basin in Saskatchewan, covering 6 mineral claims in a region of established uranium production and processing infrastructure. The property is prospective for basement-hosted uranium deposits.
Location & Access
- ~80 km from Cameco Corporation's Key Lake mill, which processes McArthur River ore
- ~60 km from the Denison Mines Phoenix ISR deposit, which received provincial approvals and commenced construction in 2026 as Canada's first new uranium mine in over 20 years
- Regional infrastructure - mills, power, and all-season roads exist in the surrounding district
Geological Setting
NeoCore lies east of the Athabasca Basin, in a region underlain by Wollaston Domain basement rocks. The property is considered prospective for basement-hosted uranium mineralization. No mineral resources or mineral reserves have been defined on NeoCore, and the existence of nearby producing mines or deposits is not indicative of mineralization on UraniumX's properties.
University of Saskatchewan Collaboration
UraniumX has established a research collaboration with the University of Saskatchewan focused on quartz-degradation analytics - an emerging technique that uses the alteration signature of quartz grains as a pathfinder for uranium mineralization at depth. The approach can indicate proximity to hydrothermal alteration systems in drill core, outcrop, and surficial samples, providing a cost-effective reconnaissance tool to prioritize areas for geophysical and drilling programs.
Exploring Alongside the Majors
Major operators near NeoCore
McArthur River Mine
~65 km NW
Key Lake Mill
~80 km W
Cigar Lake JV
E Athabasca Basin
Phoenix ISR
~60 km NW
Operator sources: Cameco Corp. McArthur River / Key Lake operations; Cameco / Orano Cigar Lake operations; Orano Canada mining & milling; Denison Mines Phoenix ISR project.
Neighboring Deposits
| Deposit | Operator | Distance | Note |
|---|---|---|---|
| McArthur River | Cameco Corp. | ~65 km NW | World's largest high-grade uranium mine; 295.8 Mlb Proven at 6.81% U3O8 + 63.7 Mlb Probable at 5.56% (2024) |
| Key Lake | Cameco Corp. | ~80 km W | ~209.8 Mlb produced historically (1983-2002); processes McArthur River ore - 2024 production record 20.3 Mlb |
| Phoenix ISR | Denison Mines | ~60 km NW | 3.4 Mlb Proven at 24.5% + 53.3 Mlb Probable at 11.4% U3O8 (2024); ISR construction underway, first production mid-2028 |
| Cigar Lake | Cameco / Orano JV | E Athabasca | 118.4 Mlb Proven at 16.68% + 74.5 Mlb Probable at 14.73% U3O8 (2024); one of the world's highest-grade producing uranium mines |
Deposit sources: Cameco Corporation 2024 Mineral Reserves and Resources (PDF) and the McArthur River / Key Lake operations page; Phoenix figures per Denison Mines Wheeler River – Phoenix ISR project page and Denison reserves and resources page; Cigar Lake grade and reserves per Cameco / Orano Cigar Lake operations page.
Related News
Stearman Resources Completes Acquisition of NeoCore Uranium Property
Stearman Resources (now UraniumX) completes the acquisition of the NeoCore uranium property, adding 13,012 hectares east of the Athabasca Basin to its portfolio, proximal to Cameco's McArthur River mine.
Read Full Release →Disclaimers: The Company has not defined any mineral resources or mineral reserves on any of its properties. NeoCore is at an early stage of exploration; there is no guarantee that exploration will result in the discovery of an economic mineral deposit. Mineralization on adjacent or nearby properties (including McArthur River and Key Lake (Cameco Corp.), Phoenix ISR (Denison Mines), and Cigar Lake (Cameco / Orano JV)) is not necessarily indicative of mineralization on the Company's properties. This page contains forward-looking information; actual results may differ materially. The scientific and technical information on this page has been reviewed and approved by Ken Wheatley, P.Geo., Chief Geologist, a qualified person under NI 43-101. Adjacent property sources: Cameco Corp. 2024 Mineral Reserves and Resources (PDF) for McArthur River, Key Lake, and Cigar Lake; Denison Mines Wheeler River – Phoenix project page. All figures from public filings on SEDAR+. See site footer for full forward-looking, mineral resource, adjacent property, and US investor disclaimers.