Record Resources is a Canadian uranium, lithium and gold exploration company (TSXV-REC). The company is focused on acquiring and developing its uranium, lithium, and gold properties. Record Resources is operated by a highly experienced and well connected management team which has access to extraordinary exploration opportunities and technical expertise. The company is also backed by an accomplished group of capital markets professionals.
Malborne Uranium Property, ON
Option on a large package of uranium claims northeast of Thunder Bay, Ontario, Canada, covering an area known as the Malborne property. The land package consists of 780 claims stretching over 16,320 hectares (163 square kilometres) and is located 110 kilometres northeast of Thunder Bay, Ontario.
The rocks in this land package have the potential to be as prospective for uranium mineralization akin to the rocks in the Athabasca basin in Saskatchewan. Ontario is known for its uranium deposits and produced more than 400 million pounds of uranium oxide between 1955 and 1996.
Ontario Geological Survey (OGS) geologist, JF Scott, in a 1987 report (open file report 5634) concluded that there are structural and lithological similarities between rock units found in the Quetico Belt in Ontario and in the Wollaston belt in the Athabasca basin, Saskatchewan. The major uranium deposits occur in the Wollaston formation and underlies the Basin sedimentary rock. The most recent exploration drilling done in the Malborne area was by RPT Resources Corp in the Frazer Creek area. RPT intersected 1.20% U308 over 3.2 metres, 1.9% U308 over 0.30 and 0.56% U308 over 0.3 metres. (Bowdidge, C. 2006, AFRO 2.3194).
LITHIUM PROPERTIES:
Whitemud River, O’Malley, Rope Lake Lithium Properties, ON
Option agreement to acquire a 100 percent interest in the three Lithium Properties + 1 Uranium Property.
The Whitemud River lithium prospect consists of 111 claims and is approximately 200 kilometres east of Red Lake and approximately 125 kilometres northeast of Sioux Lookout. The property is geologically located approximately 8 kilometres south of the border between the Uchi domain and the English River Basin. Numerous lithium discoveries have been delineated along the same fault system in the area.
The O’Malley property also optioned by Record consists of 36 claims down-trend from the Swole lithium occurrence, acquired by Green Technology Metals Ltd., Perth, Australia. O’Malley is located south of Junior Lake on the Tashota greenstone belt.
The Rope Lake lithium prospect containing 72 claim cells is located approximately 165 km northeast of Thunder Bay.
Doran Lithium Property, ON
Option agreement to acquire a 100 percent interest in the Doran Lithium Property.
- Located 60 kilometres east of Green Technology Metals Inc.’s Root Lake Lithium Project, currently being developed to production. Doran sits along the same terrane boundary fault structure as the Root Lake Lithium discovery.
- Area surrounding Doran property was reviewed by the Ontario Geological Survey for potentially hosting significant lithium deposits. They undertook geochemical sampling of lake- bottom sediments and the mapping of intrusive complexes and pegmatite dikes that could produce economic lithium deposits.
- Doran property was found to contain elevated levels of lithium oxide in lake-bottom sediment samples. This is a positive criterion for the presence of lithium mineralization.
- As well, satellite photo images of Doran property show both white linear and irregular spotted clusters of outcrops, which may be interpreted as pegmatite, a host rock for lithium mineralization.
- Doran Lithium property consists of 3,474 hectares in close proximity to the English River- Uchi terrane boundary and is also adjacent to second order faults. The presence of these structural and tectonic elements is significant since, to date, most significant lithium discoveries occur adjacent to terrane boundaries and second order fault structures.
GOLD PROPERTIES:
Grenfell Gold Exploration Property, Kirkland Lake, ON
• Joint Venture partnership with Pelangio Exploration Inc.
• Located in Grenfell Township approximately 10 km northwest of the Town of Kirkland Lake, Ontario.
• Comprised of a series of contiguous mining leases and mining claims covering about 6.7 km2.
• Majority of work took place in the 1930’s to early 1940’s when bulk sampling of some high-grade gold veins occurred in
conjunction with diamond drilling, shaft sinking and substantial lateral development on two underground levels.
4 Nations Gold Exploration Property, Kirkland Lake, ON
• Five claim blocks comprising 5.2 square kilometres in the Grenfell Township located approximately 8.5 kilometres due west
from the Macassa Mine near Kirkland Lake, Ontario.
• The claims, known as the “Four Nations-Grenfell” property, host multiple gold occurrences according to historical work files
submitted to the Ontario Government.
• There has also been drilling conducted on the property that intersected gold mineralization.
Kenogami East Gold Exploration Property, Kirkland Lake, ON
• 100% owned property, consisting of eleven claim cells known as Kenogami East, in the Kirkland Lake Mining Camp, Ontario.
• Located at eastern margin of Grenfell-Four Nations gold property and 8.5 kilometres west of Agnico Eagle’s Macassa Mine.
Kenogami East is adjacent to and in some cases overlaps the company’s Grenfell-Four-Nations property.
•. Kenogami East and Grenfell-Four-Nations properties are situated in an area that is highly prospective for significant gold
mineralization. There exists widespread occurrences of gold-bearing zones with good grades and widths coupled with the
occasional high-grade lodes.
Amikougami + Otto Gold Exploration Property, Kirkland Lake, ON
• 16 patented mining claims including 5 mining licenses of occupied claims. Amikougami block consists of 7 full and 6 partial
patented claims (144 hectares). The Otto block consists of 3 full new claims (48.56 hectares). Combined total for both
properties is 192.56 hectares.
• Amikougami Property is 4000 metres from Agnico Eagle’s Macassa Mine (2.4 million ounces at 22 grams per tonne.
• Amikougami property is adjacent to Agnico Eagle exploration claims (some are shared with Kirkland Lake Gold).