Madison Metals

Richard Lake Uranium Project

Investment Highlights

Uranium Mining in Canada

  • 100% interest into 29,827 ha regional scale drill ready uranium project
  • Former producing Richard Lake Uranium Mine
  • >33 selected radioactive field-tested anomalies sampled by others requiring follow-up
  • Experienced management team from Forsys Metals Uranium project value. This team licensed a uranium mine in Namibia Africa taking the market cap from C$45,000 to C$860m during their tenure.
  • Huge exploration upside having Rossing type model (>200mt of U3O8 at 0.02% ore)
  • Technical team with Dr. Roger Laine that has done it before at Areva and Forsys Metals
  • Seed capital raised at C$3m pre-money valuation
  • Attractive value lift -acquisition costs offer immediate 5 times to current market comps
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Kenora, ON

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Richard Lake Uranium Project

Kenora, ON

The New Campbell Mines (Richard Lake Property) (K0211) were the only occurrences with drifting and a resource model estimated at 590,000 tonnes of 0.10% U3O8 over a width of 3 m, and 210 m length, down to 300 m (internal report from the company by A.S. Bayne, 1976).

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Download Our Kenora U Technical Report

Our Team

Management

uranium_mine_richard_lake_ontario_canada_corporate

Duane Parnham

CEO & Director

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Don McKinnon Jr.

Technical Advisor

madison_metals_uranium_mine_richard_lake_kenora_ontario

Jason Bagg

Investor Relations

News

Media

Articles

Is Uranium About to Go Nuclear?

I don’t know about you, but I lie awake nights worrying about Canadian uranium. I know these people. I grew up there. You have no idea what they’re capable of doing. If Sidney Crosby hadn’t scored that goal to win the Olympic gold medal, there’s no telling what might have ensued.” – Charles Krauthammer

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Uranium Surges to Six-Year High as Fund Buys Up Physical Supply

(Bloomberg) — Uranium, the commodity used to fuel nuclear power plants, has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market.

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