Article: United States & Canada: Majescor Acquires De Beers' Interest in the Baker Lake Property, Thelon Basin-Property Hosts Numerous Untested Historical Uranium Occurrences.

Byline: yunus05

Majescor Resources Inc. announces that it acquired the remaining mineral rights from De Beers Canada Inc for the Baker Lake property, located in the Thelon Basin area of Nunavut. Majescor now holds 100% of the mineral rights on the property. The Baker Lake property lies 30 km to the South of the Kiggavik group of uranium deposits held predominantly by Areva Resources Canada Inc. The property's geological setting is considered favorable to host Kiggavik-style uranium deposits associated with fault zones in off-basin basement ...

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