Hornby Bay Mineral Exploration Ltd. (HBME) with its head office in Toronto, Ontario is a uranium exploration and development company with all of its uranium mineral properties located in Nunavut, Canada, which is the only Canadian jurisdiction that has settled its native land claim issues.
HBME was incorporated in 1996 under the Business Corporations Act (Ontario) as a uranium exploration company. From 1996 to 1998, HBME acquired mineral claims in the Hornby Bay Basin, which is located in western Nunavut and is one of the three major Proterozoic uranium basins in western Canada. Since 2003, the Company’s overall strategy has been based on the systematic acquisition of relevant geophysical datasets and ground exploration activities for the definition of key target areas on its uranium properties. The uranium models pursued by HBME on its uranium properties include high-grade unconformity deposits; large, lower-grade disseminated deposits in sandstone; basement hosted high-grade, structurally controlled deposits; and vein type deposits.
The Company’s overall strategy is based on:
- Aggressively and systematically pursuing the discovery of uranium in Nunavut, Canada on its mineral claims and leases covering 154,077 acres; and
- Evaluating its Canadian properties in Nunavut, Ontario, and British Columbia for all economic mineral deposits including uranium, diamonds, precious metals and copper.
The Company is a reporting issuer in Ontario, British Columbia and Alberta and trades on the TSX Venture Exchange under the symbol HBE.
More details regarding the company can be found by reviewing the documents currently on file with SEDAR [System for Electronic Document Analysis and Retrieval] www.sedar.com