Unearthing Tomorrow’s Value Today.
TSX.V: BFM
FWB: O8D
OTC: URGYF
Unearthing Tomorrow’s Value Today.
TSX.V: BFM
FWB: O8D
OTC: URGYF
The Sheppard Lake Uranium Project (SLUP) is located on the southern lip of the Athabasca Basin in Northern Saskatchewan, the most productive uranium producing region in the world. The Project covers an area of 13,092 hectares and has several high value exploration targets, specifically TZ1, TZ2 and the Warr Lake Zone, all of which were prospected in 2024.
In April of 2025, the company engaged Expert Geophysics to complete a 747-line kilometer MobileMT survey, a cutting edge airborne electromagnetic technology and the most advanced generation of airborne AFMAG technologies. The heliborne survey, which is able to capture geoelectrical activity of depths of up to 1 kilometer with high spatial and resistivity resolution, has been used successfully to delineate both magnetic breaks and subsurface conductors.
The preliminary interpretation identified a large-scale EM subsurface conductor, running NW and lying within a magnetic break. The roughly 10km conductive anomaly is coincident with the Warr Lake Zone, a radioactive zone identified by the Company in 2024. Conductive anomalies were also matched with TZ-1 and TZ-2. The Company has commissioned a in depth, comprehensive interpretation report, collating the MT dataset with historic datasets. Results are expected in the near term.
The Company has applied for a field permit to perform Phase 2 prospecting: a comprehensive field program, covering the entire 13,092-hectare project area, including the recently acquired Cable Lake and existing Ubiquity Lake claims. The primary objective of the field program is to refine existing diamond drill targets and identify new areas of interest across the expansive Sheppard Lake property. The exploration will focus not only on previously defined zones such as TZ1 and TZ2 but also on other high-priority targets, including VTEM conductors and historic radiometric anomalies identified in historic airborne surveys. Results from the phase 1 geophysics program will also be utilized in identifying and prioritizing areas of interest. This program is planned for July 2025.
The field crew will consist of five-person exploration team performing systematic prospecting, radiometric surveys, and ground magnetometer surveys. In key locations, radon gas cups will also be deployed to assess subsurface uranium potential. Radon gas is a primary decay product of uranium and, as such, a key indicator of uranium mineralization. The field program will be conducted in two operations, with the remote or logistically challenging zones within the broader project involving helicopter-support. In Phase 3, the highest priority targets will be tested with diamond drilling.
Bedford Metals remains firmly committed to responsible mineral exploration. All work will be conducted with strict adherence to environmental best practices and in collaboration with local Indigenous communities and regional stakeholders. The company places great importance on sustainable development and maintaining respectful, transparent relationships with those affected by its operations.
Address: 2200 – 885 West Georgia Street, Vancouver, B.C. V6C 3E8 Canada
Copyright © Bedford Metals Corp. 2024 All Rights Reserved.