Kenora North and Snook Lake Projects – Northwestern Ontario

The Kenora North project is an amalgamation of four properties (Can Fer, Snook, Pancer and Scottie Lake) that were staked in early 2007 to cover historical uranium occurrences. Regional lake-bottom geochemical surveys and Federal Government airborne geophysical surveys were also utilized in the selection of favourable target areas. The area is readily accessible by new forestry roads. Prospecting in late 2007 led to the re-location of several historic uranium occurrences and to the discovery of numerous new showings, along a 50-km long radiometric trend. Encouraging results obtained from prospecting over the Can Fer, Pancer, Snook and new Thor and Scottie Lake showings, led to the staking of a
total of 36,000 hectares of claims to cover the full extent of the radiometric trend and to consolidate previous Quest staking.

Current Work
A program of 1,210 line-km of fixed-wing airborne magnetic, electromagnetic and radiometric surveys over the Company’s Kenora North and Snook Lake properties in northwestern Ontario was completed in June. The survey work by EON Geosciences Inc. of Pierrefonds, Québec, identified extensive areas of anomalous radioactivity over both properties. In particular, a high-intensity radiometric anomaly, measuring 6.0 km by 3.0 km, was identified at the eastern side of Quest’s Kenora North property (see below). Reconnaissance sampling by Quest in 2007 along the western edges of the anomaly returned grab sample analyses from bedrock of 0.16% (3.2 lbs/ton) and 0.52% (10.4 lbs/ton) U₃O₈ (Scottie East and West Occurrences). The eastern continuation of this target has not yet been evaluated. The survey also identified numerous additional radiometric targets outside of Quest’s previous claim boundary that have been subsequently staked, expanding Quest’s claim holdings by 265 claim units. Crews will undertake follow-up prospecting, geological mapping and geochemical sampling later in the fall.

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