TAD Acquires over 11,000 Acres Bordering NexGen in the Athabasca Basin
February 20, 2014 (Source: Marketwired) — TAD Mineral Exploration Inc. (“TAD” or the “Company”) (TSX VENTURE:TJ) is pleased to announce that it has acquired approximately 4,500 hectares (approx. 11,000 acres) in the Athabasca Basin prospective for uranium. This new property borders NexGen Energy Ltd.
James Nelson, a director of TAD stated, “We are pleased to be able to add a significant parcel of land bordering NexGen in the Basin. Clearly, the positive news yesterday from NexGen and Fission, indicates that there is significant continued interest in the Athabasca Basin. This acquisition now gives TJ multiple prospects in this world-class uranium district. 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.”
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In addition, TAD has added three new prospects. One new prospect is located in the world renowned uranium district of the Athabasca Basin in Saskatchewan in close proximity to the Alpha/ Fission Patterson Lake South discovery. Another new prospect is the Iskut copper/gold prospect near Colorado Resource’s ‘North Rok’ discovery in British Columbia. A third new project is a hydrothermal graphite prospect bordering Zenyatta Ventures Ltd.’s recently discovered deposit. The prospect announced today was acquired via MARS.
ON BEHALF OF THE BOARD
TAD MINERAL EXPLORATION INC.
James Nelson, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>