The Rabbit Lake Operation lies within the eastern border of the Athabasca Basin, in the Churchill Province of the Canadian Shield. The present-day landscape is dominated by landforms from the last episode of continental glaciation, which moved in a north/north-east direction. The geology of the Project area is comprised of three major components: surficial deposits, Athabasca sandstone and basement rock. In the vicinity of the Project, the combined thickness of surficial sediments (deposited during the Quaternary period) ranges from approximately five to 20 m with boulder lag seen throughout much of the area where surficial till has been eroded and finer-grained silty sands typically deposited in the lower lying areas. Sandstone in the area belongs to the lower Manitou Falls Formation of the Middle Proterozoic Athabasca Group. The sandstone unconformably overlies the crystalline basement rocks. Eagle Point Uranium deposits are located on the eastern edge of the Athabasca Basin, and are part of the Rabbit Lake Uranium district, which also includes the Rabbit Lake and Collins Bay deposits. Uranium mineralization at Eagle Point occurs in lenses, pods, and veins which are both concordant and discordant to the metamorphic stratigraphy, and are distributed through a stratigraphic thickness of at least 300 m. The mineralization at Eagle Point is structurally controlled, occurring as fault- or fracture-fillings and as impregnations into altered paragneisses and pegmatoid rocks. T ........

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