On January 12, 2022 (see news release here), International Prospect Ventures announced it had entered into an agreement with Uravan Minerals Inc. (“Uravan”) to acquire a 1.0% net smelter royalty (the “NSR”) that covers five mineral dispositions (17,795 ha) held by Cameco Corporation (“Cameco”) and a 100% interest in the West Stewardson Uranium Property (5,251 ha), both located in the Athabasca Basin of northern Saskatchewan (together, the “Property”) (Figure 1).
Property:
Stewardson/Halliday
Location:
Athabasca Basin of northern Saskatchewan
Operator:
Cameco Corporation
NSR Amount:
1%