The new property, which has been acquired by TAD through MARS, is located in Canada, borders NexGen Energy, according to the company.
TAD Mineral director James Nelson said that the acquisition provides TJ multiple prospects in this uranium district.
"Clearly, the positive news yesterday from NexGen and Fission, indicates that there is significant continued interest in the Athabasca Basin," Nelson added.
"Management is now formulating a plan to investigate this new prospect, as well as look to build on the current assets in the company, and possibly acquire additional assets."
Meanwhile, the company has also added another three new prospects in the country.
A new prospect in the Athabasca Basin’s uranium district which is close to the Alpha/Fission Patterson Lake South discovery has been added by the company in addition to a property is the Iskut copper or gold prospect near Colorado Resource’s ‘North Rok’ discovery in British Columbia.
The firm’s third new project is a hydrothermal graphite prospect bordering Zenyatta Ventures’s recently discovered deposit.
