Abasca Resources Inc. (ABA) SEDAR+ Filings
TSXV: ABA · Unspecified · Advanced Exploration stage
- Market cap$17.0M
- Share price$0.110
- 52-week range$0.040 – $0.125
- Shares outstanding154,939,512
- ExchangeTSXV
- Websitewww.abasca.ca
Abasca is a mineral exploration company that is primarily engaged in the acquisition and evaluation of mineral exploration properties. The Company owns the Key Lake South Project (KLS), a 23,974-hectare exploration project located in the Athabasca Basin Region in northern Saskatchewan, approximately 15 km south of the former Key Lake Mine and current Key Lake mill. The Project possesses geological similarities with and is along-strike of the past-producing Key Lake Mine and hosts over 50 km of prospective conductors for potential uranium mineralization. KLS is also host to the Loki Flake Graphite Deposit comprising a total Indicated Resources of 6.99 Mt at 8.27% Cg and inferred resource of 15.83 Mt at 6.93% Cg. Abasca has completed a Preliminary Economic Assessment for the Loki Deposit with positive result of after-tax NPV of US$130 million and 16.7% IRR. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.
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SEDAR+ Filings for Abasca Resources Inc. (TSXV: ABA) on MineTerminal Pro.