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TSX:KSM OTC:KSMCF FSE:V0O
Saskatchewan · ~90km from Key Lake Mine

Key Lake RoadUranium Project

Approximately 5,521 hectares along the Key Lake Road, situated within the prolific Wollaston Mudjatik Transition Zone — the structural corridor that hosts Cigar Lake, McArthur River, and the historic Key Lake uranium deposits.

WMTZ Structural Corridor Drill-Ready Targets
KLR Uranium Project — Property Location Map, Saskatchewan
Property Location Map · Saskatchewan, Canada
Project Overview

Positioned in One of
Saskatchewan's Premier Corridors

The KLR Uranium Project covers approximately 5,521 hectares along the Key Lake Road, ~90 km south of Cameco's Key Lake Mine and mill, where over 209 million pounds of uranium were produced between 1983 and 2002.¹

The property lies almost entirely within the Wollaston Mudjatik Transition Zone (WMTZ) — the prolific structural corridor that also hosts the Key Lake, Cigar Lake, and McArthur River uranium deposits. Access to the project is excellent via provincial highway 914, which bisects the property.

Historical exploration work includes heliborne VTEM surveys, ground magnetic and IP surveys, prospecting, and localized drilling programs that have outlined multiple priority drill targets. The current exploration model, inspired by NexGen's Arrow deposit, indicates potential for a higher-grade feeder anomaly at depth beneath the radioactive halos identified to date.

Key Highlights
Property lies almost entirely within the WMTZ — host corridor to Canada's largest uranium mines
Highway Zone: 1.9% U₃O₈ over 0.29 m near-surface interval identified in 2015²
DD Zone 2023 drilling: best results of 642 ppm uranium and 0.34% nickel³
Uranium enrichment increasing with depth — interpreted feeder anomaly at depth
Highway 914 bisects property — excellent all-season access
WMTZ Corridor
The same structural zone that hosts Cigar Lake, McArthur River, and the historic Key Lake deposits.
Drill-Ready Targets
Multiple priority drill targets outlined from VTEM surveys, ground geophysics, and prior drilling campaigns.
High-Grade Potential
1.9% U₃O₈ surface interval and uranium enrichment increasing with depth point to a higher-grade feeder system.
Excellent Access
Provincial Highway 914 bisects the property, enabling year-round access and cost-effective exploration logistics.
Location & Access

Accessible and
Infrastructure-Rich

The KLR Project benefits from exceptional road access and proximity to established regional mining infrastructure along Saskatchewan's Key Lake Road corridor.

Highway 914

Provincial Highway 914 bisects the property, providing direct, all-season road access and significantly reducing logistical costs for exploration programs.

~90km from Key Lake

Located approximately 90 km south of Cameco's Key Lake Mine and mill complex — one of the world's largest uranium processing facilities.

Regional Infrastructure

Proximity to established roads, power corridors, and regional mining infrastructure supports efficient and lower-cost exploration operations.

Geological Setting

World-Class Structural
Uranium Corridor

The KLR Project lies almost entirely within the Wollaston Mudjatik Transition Zone (WMTZ), the prolific structural corridor that controls uranium mineralization at the Key Lake, Cigar Lake, and McArthur River uranium deposits — three of the world's most significant uranium mines.

The property's geology features a north-south trending fault system, consistent with the WMTZ structural controls. The DD Zone is characterized by this fault orientation, and previous prospecting and drilling have consistently identified highly anomalous uranium mineralization along it.

The current exploration model — inspired by NexGen's Arrow deposit — indicates potential for a higher-grade feeder anomaly at depth beneath the radioactive halos identified to date, with uranium enrichment in drilling increasing with depth.

WMTZ Setting
The same structural corridor hosting Key Lake, Cigar Lake, and McArthur River — Saskatchewan's most productive uranium mines.
Depth Potential
Uranium enrichment increasing with depth interpreted as a higher-grade feeder system beneath near-surface radioactive halos.
Structural Controls
North-south trending fault zones consistent with the WMTZ structural architecture controlling mineralization.
Arrow Deposit Model
Exploration model inspired by NexGen's Arrow discovery — targeting a high-grade basement uranium deposit at depth.
Property Maps

Location &
Property Maps

Click any map to view full size.

KLR Uranium Project Property Location Map
Regional Context
Property Location Map — WMTZ Corridor
KLR Uranium Project Regional Tenure Map
Regional Tenure
Regional Tenure & Surrounding Land Position
KLR Uranium Project Detailed Property Map with EM Conductors
Property Detail
Detailed Property Map — EM Conductors & Lineaments
Exploration Zones

Two Priority Zones,
Compelling Results

Historical and recent exploration has defined two key target zones on the KLR Project, both showing compelling uranium mineralization.

01
Northern Zone

DD Zone

Characterized by a north-south trending fault consistent with the WMTZ. Uranium enrichment increasing with depth.

The DD Zone, first identified by Forum Uranium, has been the focus of multiple historical drilling campaigns and the 2023 Kirkstone Metals drill program. Six shallow holes drilled in 2023 intersected anomalous uranium enrichment increasing with depth.³

642 ppm U
Best 2023 uranium result, with associated 0.34% nickel³
1,250 ppm U
DD-01: 0.25 m at 157.75–158 m depth¹
6,150 ppm U
Surface rock sample near DD-03, 16, 19, and 21 drill holes¹
10,300 CPS
Peak gamma probe reading in KLR23-05/06 fault zone³
02
Highway Zone

Highway Zone

Located along Highway 914. Near-surface high-grade interval identified in 2015 ground geophysics and man-portable drilling.

Ground geophysics and man-portable drilling in 2015 identified a near-surface interval of high-grade uranium mineralization, suggesting the presence of a significant uranium system in the Highway Zone.²

1.9% U₃O₈
Near-surface interval over 0.29 m — 2015 man-portable drilling²
1.57% U
Backpack drill hole KLR 15-37 over 4 cm²
6 Samples
>1,000 ppm uranium in 2015 program near KLR 15-37²
Near Surface
High-grade intervals at shallow depth — highly accessible for follow-up drilling
DD Zone — Drill Results

Select Historical
Drill Intercepts

Multiple drilling campaigns at the DD Zone have consistently identified highly anomalous uranium mineralization with values increasing at depth.

DD-01
1,250 ppm U
0.25 m @ 157.75–158.00 m¹
Significant uranium enrichment at depth in the DD Zone.
DD-07
117–227 ppm U
Short intervals over 0.20 m¹
Consistent anomalous uranium across multiple short intervals.
DD-15
155 ppm Ni
664 ppm Cu · 159 ppm Pb¹
Multi-element anomalism — uranium pathfinder geochemistry consistent with WMTZ-style mineralization.
DD-03, 16, 19, 21
761 ppm U
Near 6,150 ppm U surface rock sample¹
Cu, Ni, Co, Pb values 200–300 ppm. Proximal to the highest surface uranium value on the property.
KLR23-05 & KLR23-06
10,300 CPS
Gamma probe peak · 200–300 ppm U³
Massive pyrrhotite-pyrite fault zone intercepted, with elevated gamma response — indicative of proximal uranium mineralization.
KLR 15-37 (Backpack)
1.57% U
4 cm interval · Highway Zone²
High-grade near-surface intercept in the Highway Zone; 6 samples over 1,000 ppm U in 2015 program.
Exploration Strategy

A Systematic,
Multiphase Approach

The company has devised a multiphase exploration strategy to leverage the wealth of historic exploration data on this project and advance toward high-grade discovery.

01
Phase 1

Induced Polarization Survey

The first phase calls for an IP survey in the northern extent of the project area, focused on the DD Zone — precisely where 2023 drilling encountered uranium enrichment increasing with depth.

Up to 12 line kilometres of IP survey coverage
Focused on the DD Zone northern extent
To accurately define prospective subsurface anomalies
To characterize the geological structural controls on mineralization
02
Phase 2

Diamond Drilling Program

IP survey data will be used to define high-priority diamond drilling targets in subsequent programs, focused on testing the interpreted high-grade feeder anomaly at depth.

Diamond drill targets defined from Phase 1 IP survey data
Targeting the interpreted high-grade feeder at depth
Building on the uranium-at-depth trend confirmed in 2023 drilling
WMTZ-style uranium deposit model guides drill collar placement

Qualified Person: Tim Henneberry, Professional Geoscientist, is the designated Qualified Person as defined by National Instrument 43-101. He is responsible for, and has reviewed and approved, the scientific and technical information contained on this page.

¹ Fall 2007 and Winter 2008 Drilling Report Key Lake Road Project, June 2008, B. Tan and K. Wheatley for Forum Uranium Corporation.  ·  ² Technical Report on the Key Lake Road Property, November 21, 2016, E. Harrington for Broome Capital Corp.  ·  ³ 2023 KLR Drill Program Summary, Feb 8 to Mar 20, 2025.

Learn More About the Key Lake Road Project

Connect with our investor relations team to receive project updates, technical materials, and corporate information about Kirkstone Metals Corp.

Phone
(604) 644-6794
Email
info@kirkstonemetals.com
Address
830-1100 Melville Street