Lakeland Resources Inc. (TSXV:LK,FWB:6LL) has acquired via staking five uranium properties totaling 52,255 hectares in Saskatchewan’s Athabasca Basin. Lakeland will refer to the new properties as Lazy Edward Bay, Karen Lake, Black Lake, Hidden Bay and Fedun Lake.

As quoted in the press release:

Lakeland’s project portfolio now totals 16 projects (~157,000 hectares); making it one of the largest of the exploration companies in the Athabasca Basin.

Lakeland CEO Jonathan Armes said:

The Lakeland team is nimble and motivated and we were able to secure these properties by competitive staking adding to our growing portfolio of high quality and shallow target depth properties in the Basin. We will seek to continue to advance our property portfolio via exploration, joint-ventures, option agreements or otherwise, giving our shareholders exposure to continued exploration successes as well as improving fundamentals for the uranium space.

Click here to read the Lakeland Resources Inc. (TSXV:LK,FWB:6LL) press release.