Hathor has a 49% interest in the Wollaston NE property; a joint venture project with Triex Minerals Corporation (the operator). This property was originally comprised of six prospecting permits covering 184,475 hectares that were centered approximately 80 km to the northeast of Cameco's basement-hosted Eagle Point Mine.
Exploration work completed by the joint venture includes: 2,802 line kilometres of digital helicopter electromagnetic (DIGHEM V) survey conducted by Fugro Airborne Surveys; lake sediment geochemistry; detailed lineament analysis (including IKONOS satellite imagery); two ground-based resistivity surveys totaling about 30 line-kilometres and integrated structural studies with regard to mineral potential for basement-hosted, structurally controlled uranium deposits.
Following complete processing, integration, modeling and interpretation of all geological, geochemical and geophysical data sets into a comprehensive GIS project database and, according to Saskatchewan regulations, staking of five mineral claims within the permit holdings was completed and filed. The project area is now reduced to 15,173 hectares. Target delineation on the Wollaston NE property will continue with a planned surface program of mapping, prospecting and further geochemistry.