The 2,662 hectare property is said to host a zone of silicified radioactive metasediments that produced sample results of 0.34%, 0.27%, 0.08% and 0.03% U3O8.
Roughrider CEO Scott Gibsonsaid: "We continue to cost effectively add to our portfolio of uranium assets separate from our joint venture, without taking our focus away from the Genesis Property area."
In 1977, a geological mapping and scintillometer survey conducted by CDW Investments showed a mineralized zone comprising two 0.6m and 0.9m wide silicified zones.
A conductive zone was identified during an electromagnetic survey in 1978 and a second set of sub-parallel conductors were also identified.
The 200,677 hectare Genesis project is located in the Wollaston-Mudjatik trend extending northeast from Athabasca Basin.
