Lazy Edward Bay

The Lazy Edward Bay project is made up of 26 claims owned 100% by ALX totaling 6,364 hectares (15,726 acres) and straddles the southern margin of the Athabasca Basin. The property is located east of the Cable Bay Shear Zone, a crustal-scale, regional litho-tectonic domain boundary and lies within the western Mudjatic geological domain.


  • Drill hole LE-50 intersected moderately chloritized, sericitized, and weakly hematized migmatitic, graphitic pelite returning 770 ppm uranium with anomalous boron, nickel and other pathfinder elements.
  • Several conductive trends that have had little or no drill testing.

Proximity to Uranium Discoveries, Deposits, Mills and Mines

  • 55 km (approx.) west of the Key Lake Mill and historic deposit.
  • 55 km (approx.) east of the Centennial deposit.

Exploration by ALX and Predecessors


ALX Uranium’s predecessor Lakeland Resources, completed an exploration program consisting of prospecting, radon testing and conventional soil sampling on the Bay trend. Prospecting and sampling was also conducted on the Liberty, Ponderosa and Jack trends. On the Bay trend conventional soil surveys, prospecting and a RadonEX survey identified strong radon anomalism associated with conductive zones. Exploration on the Liberty trend identified strongly radioactive boulders and radioactive springs and muds at surface.


In the winter of 2017 a radon-in-water survey was completed as an extension to previous radon surveys over the area of drill hole LE-050. An anomalous trend in the radon was noted that corresponds to previously delineated EM conductors from ground and airborne survey in the area.


ALX contracted Special Projects Inc. (“SPI”) to perform a low-level airborne radiometric and magnetic survey of approximately 4,450 line kilometres over the Property. This airborne survey is effective in the detection of radioactive boulders in the shallow sub-surface that may not have been located by historical ground prospecting. The SPI survey method successfully detected responses from buried, high-grade uraniferous boulders at Patterson Lake in 2009, which provided an important vector to the discovery of the mineralized PLG-3B conductor at the Triple R deposit in November 2012.