The sandstone and basement rocks show evidence of faulting, features that are typically seen in the vicinity of unconformity style uranium mineralization.
The Sand Hill Lake project includes the Sand Hill Lake and Rook II properties (20 claims totaling 84,224 hectares/208,122 acres) and is located in the southern central portion of the Athabasca Basin in north Saskatchewan. The project is adjacent to the Cameco Corp./Areva Resources Canada Inc./Formation Capital Corp. Virgin River property that hosts the Centennial deposit where the highest grade-thickness intervals reported to date are found in hole VR-031W1 which intersected 7.62% U3O8 over 17.8 metres.
The project is the subject of an agreement between Titan Uranium and Vale Exploration Canada Inc. (VEC), an affiliate of Vale Inco Limited, each a wholly- owned subsidiary of Vale S.A. VEC can earn a 60% undivided interest in the project by funding CAD12 million in exploration over a five year period.
Major Drilling Ltd. has mobilized the drilling crew and equipment to the site and the first hole of this program was collared August 14, 2009.
