exploration company . for other uses see hathor disambiguation . this article has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . april 2010 learn how and when to remove this template message this article may require cleanup to meet wikipedia s quality standards . no cleanup reason has been specified . please help improve this article if you can . january 2012 learn how and when to remove this template message learn how and when to remove this template message hathor exploration limited type subsidiary industry uranium mining predecessor longview minerals ltd. sixgill minerals ltd. founded june 28 1996 1996 06 28 in alberta headquarters vancouver canada parent rio tinto subsidiaries northern continental resources inc. roughrider uranium corp. terra ventures inc. website www.hathor.ca hathor exploration limited is a uranium exploration company based in vancouver british columbia canada . its exploration office is located in saskatoon saskatchewan canada . hathor s exploration projects concentrate on properties within the athabasca basin of northern saskatchewan canada . 1 in 2009 hathor exploration was reported as having the sixth most significant exploration project in saskatchewan based on expenditures and the 51st out of 100 in canada at their midwest northeast property in the athabasca basin by natural resources canada . 2 the name hathor was inspired by the ancient egyptian goddess who besides being one of the most important and popular deities throughout the history of ancient egypt 3 was also the patron goddess of miners in ancient egyptian culture . 4 contents 1 history 2 roughrider deposit and discovery 3 corporate activities 4 corporate governance 5 see also 6 references 7 external links history edit the company was founded on june 28 1996 in alberta as longview minerals ltd. following its inception the company then moved out of alberta and was renamed pursuant to the canada business corporations act under the name of sixgill minerals ltd. on september 26 1996 . on may 28 1997 the company changed its name to hathor exploration limited . 5 6 in 2006 hathor exploration completed the acquisition of roughrider uranium corp. which led to the discovery of the roughrider deposit of the midwest northeast property and then in 2009 and 2011 respectively acquired northern continental resources inc. 7 and terra ventures inc. 8 giving the company full control of both the russell lake and midwest northeast properties . on august 26 2011 cameco announced its intention to acquire all of the outstanding shares of hathor exploration limited and made an all cash offer to shareholders of 3.75 cad per hathor share . 9 this announcement initiated a bidding process between cameco corp. and rio tinto which came to an end on november 30 2011 . rio tinto succeeded in its bid to acquire hathor exploration by obtaining 70.21 % of the outstanding hathor common shares on a fully diluted basis through their all cash offer of 4.70 cad per hathor share . 10 on january 12 2012 rio tinto announced that it had successfully acquired 135 290 661 hathor common shares representing 100 % of the outstanding hathor common shares on a fully diluted basis . as a result hathor de listed from the toronto stock exchange . roughrider deposit and discovery edit the most significant assets attributed to hathor exploration is the midwest northeast project and the roughrider deposit s multiple zones of uranium mineralization . the roughrider deposit s west zone was discovered in february 2008 1 with drill hole mwne 08 12 which showed concentrations of up to 5.29 % u3o8 over 3.3 m. 11 as of may 17 2011 the roughrider deposit contained a ni 43 101 compliant combined resource indicated and inferred of 57.94 million pounds u3o8 resource estimates prepared by srk consulting canada inc. a division of srk consulting 12 13 where intercepts have shown grades of up to 81.9 % u3o8 . 1 the resource estimates to date have only included the west and east zones of the roughrider deposit and not the recently discovered far east zone . the west zone of mineralization currently accounts for 27.81 million pounds u3o8 at an average grade of between 1.98 % indicated & 11.03 % inferred u3o8 12 while the larger east zone currently accounts for 30.13 million pounds u3o8 of the total estimated resource at 11.58 % u3o8 . 13 with all current resource estimates taken into account the roughrider deposit is currently the third highest grade uranium deposit in the world following cameco s mcarthur river and cigar lake deposits . 14 the rrz expand acronym of mineralization is located in the same region which also accommodates several other significant uranium deposits . roughly 4 km to the southwest is the midwest uranium deposit owned by areva resources canada inc denison mines corp. and ourd canada co. ltd. which contains 41.7 million pounds of u3o8 at a grade of 5.47 % and only 900 meters to the southwest is the midwest a discovery formerly known as the mae zone which contains an additional 19.5 million pounds of u3o8 at a grade of 1.57 % 15 and is also owned jointly owned by areva resources canada inc denison mines corp. and ourd canada co. ltd. corporate activities edit as a result of negotiations regarding either the acquisition and or management of various properties hathor exploration limited had previously entered into joint venture agreements with forum uranium corp. northern continental resources inc. triex minerals corporation terra ventures inc. 16 and eso uranium corp. on various projects across canada . in march 2009 hathor exploration spun out its eskay creek precious metals project to form the new company called standard exploration ltd. until october 7 2010 known as max minerals ltd. which now oversees all aspects of that project . 17 in december 2009 hathor exploration completed its acquisition of northern continental resources ltd. where through a financial agreement hathor became the owner of 100 % of the interest in the russell lake property which is located 15 km northeast of the key lake mine mill complex and 12 km southeast of the mcarthur river uranium mine which was previously divided between the two companies . 7 on august 5 2011 hathor exploration took full ownership and control of the issued and outstanding securities of terra ventures incorporated . this arrangement consolidated a 100 % interest in the roughrider uranium deposit and 100 % interest in the russell lake exploration project located at either end respectively of the eastern corridor of the athabasca basin . 8 corporate governance edit corporate personnel at the time that the company was delisted from the toronto stock exchange were mike gunning phd p. geo . president chief executive officer & director james p. malone director & chairman of the board & chairman of the special committee jay fredericks vice president of project development alistair mccready phd p. geo . vice president of exploration andriyko herchak ca chief financial officer benjamin ainsworth p.eng advisor to the board special projects and new business opportunities john currie ca director & chairman of the compensation committee martin glynn director & chairman of the audit committee see also edit uranium nuclear power prospective proposed uranium mines references edit a b c profiles of companies with saskatchewan mineral exploration and development projects pdf . saskatchewan ministry of energy and resources . 2010 . retrieved 2011 07 04 . map of the top 100 exploration and appraisal projects of 2009 pdf . natural resources canada . 2009 . retrieved 2010 04 21 . the illustrated encyclopedia of ancient egypt lorna oakes southwater p157 159 isbn 1 84476 279 3 spotlights on the exploitation and use of minerals and rocks through the egyptian civilization . egypt state information service . 2005 . retrieved 2010 04 20 . hathor exploration limited financial statements march 31 2001 pdf . davidson & company chartered accountants . 2001 . retrieved 2010 04 22 . hathor exploration limited a development stage company interim financial statements december 31 2001 pdf . staley okada chandler & scott chartered accountants . 2001 . retrieved 2010 04 22 . a b hathor exploration limited december 4 2009 press release http www.hathor.ca s newsreleases.asp reportid 375141 a b hathor exploration limited august 22 2011 press release http www.hathor.ca i pdf 2011 08 22 nr.pdf cameco corp. august 26 2011 press release http www.cameco.com media news releases 2011 id 566 rio tinto december 1 2011 press release http www.riotinto.com media 18435 media releases 21314 . asp saskatchewan exploration and development highlights 2009 pdf . saskatchewan ministry of energy and resources . 2009 . retrieved 2010 04 22 . dead link a b technical report for the midwest northeast project roughrider zone saskatchewan . srk consulting canada inc. 2010 . retrieved 2011 02 11 . a b mineral resource statement mrs for the east zone at the roughrider uranium deposit pdf . hathor exploration ltd. 2011 . retrieved 2011 06 10 . nuclear market review july 1 2011 in focus hathor exploration advances roughrider deposit in athabasca basin . tradetech . 2011 . retrieved 2011 07 04 . uranium in canada future mines midwest . world nuclear association . 2010 . retrieved 2010 04 21 . terra ventures inc. summer exploration gearing up at russell lake . marketwire . 2010 . retrieved 2010 04 20 . hathor exploration limited march 12 2009 press release http www.hathor.ca s newsreleases.asp reportid 342789 external links edit official website retrieved from https en.wikipedia.org w index.php title hathor exploration & oldid 687017371 categories companies based in vancouveruranium mining companies of canadario tinto subsidiarieshidden categories all articles with 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