The company encountered two distinctive anomalous zones at the prospect with the southern zone holding three specific targets, of which northern target is a north-west trending area associated with a break in the formation in the direct vicinity of the conductive anomaly.
According to the company, a historical drill hole of 154m depth shows the basement of these zones to be relatively shallow.
Geologist Karl Schimann said that the prospect’s preliminary data has been encouraging.
"Of particular note is the relationship of the conductive zones associated with the breaks in the magnetic pattern," Schimann said.
"We look forward to potentially confirming these anomalies by ground EM and follow by drilling to determine if these targets have associated uranium mineralization."
Patterson Uranium prospect includes three claim blocks over 6,687ha, where the west block directly borders the recent discovery on the Patterson Lake South property by Alpha Minerals and Fission Energy.
The other two blocks are in the direct vicinity of the discovery.