North Shore Uranium, a Canadian-based exploration and mineral-assessment corporation, recently announced a property exploration update. Falcon Property is the company’s primary focus, and North Shore Uranium plans to move forward with drilling of the site in Q1 of 2024.
The Falcon Property is estimated to contain several mineral deposits, though its exact composition and value remain uncertain. In order to accurately assess the potential of this site, North Shore Uranium proposed a three-stage drilling plan in February. Results from the first two of these stages are expected to appear in late 2021 through early 2022.
North Shore Uranium’s President and CEO, Jeff Roberts, commented on the planned exploration: “At the Falcon Property, we are taking advantage of the latest technologies in mineral exploration and analysis to maximize the potential of this site and bring our investors the highest return on investment.”
In a statement, Roberts also explained the company’s approach to the drilling plan. “Our number one priority is safety. We take the utmost caution and use the best techniques available to ensure a safe work environment for our team and the surrounding communities.”
North Shore Uranium has not yet provided any estimates of the expected yield of the Falcon Property exploration. Nonetheless, Roberts and his team remain confident in the prospects for the site, and anticipate the results of the 2021-2022 explorations to further clarify the situation. In the meantime, North Shore Uranium anticipates drilling the Falcon Property in Q1 of 2024.