Toronto: 50 Years and C$3.0 Billion Spent on Exploration: An Analysis of Some Management Decisions in Saskatchewan’s Athabasca Basin

October 31, 2018 all-day
Borden Ladner Gervais LLP
Bay Adelaide Centre East Tower
22 Adelaide St W, Toronto
ON M5H 4E3

For its Wednesday, October 31, 2018 meeting, the Toronto Discussion Group of CIM’s Management and Economics Society is pleased to welcome CIM Distinguished Lecturer:

Roger Wallis


who will deliver a presentation on:

50 Years and C$3.0 Billion Spent on Exploration: An Analysis of Some Management Decisions in Saskatchewan’s Athabasca Basin


Abstract: This Presentation is about Money and Management – NOT about Geology or esoteric Exploration Technology (although Roger is also quite capable of discussing these at the right time and place).

It is often difficult to document and analyze management decisions whether or not to enter a particular commodity or geographic exploration “play” and then observe whether management decided to stay and persevere or to cut and run. Especially when challenged by a series of totally unanticipated external events all of which had profound implications for management decisions.

50 years of Uranium exploration in the Athabasca Basin of northern Saskatchewan provides an excellent location to make such an analysis. Roger’s talk will provide “an” answer to some important questions and will pose other questions along the way. Roger will NOT, on the other hand, provide a definitive list of “Lessons Learned”!


BIO: Roger Wallis is one of the very few participants in Athabasca Basin exploration who was active in the Athabasca Basin BEFORE the discovery of the first major deposit – Rabbit Lake in October, 1968. He has spent 24 years, on and off, working in the Basin and he laid out the staking of the original claims and / or worked on projects which have realized > 680 M lbs of U3O8 (a “nominal” C$35 billion).

Roger has been a Distinguished Lecturer for the CIM and the GAC; and Invited Lecturer for the SEG and the GSA; he has been awarded the CIM’s Barlow Medal (3 times) and CIM’s Sproule Plaque; the PDAC’s Distinguished Service Award and the Queen Elizabeth II Diamond Jubilee Medal for services to the Canadian Mineral Exploration Industry.


Please join us!

Wednesday, October 31, 2018

Refreshments at 4:15pm – Presentation at 4:35pm


Borden Ladner Gervais LLP

Bay Adelaide Centre, East Tower
22 Adelaide Street West, 34th floor, Toronto


Seminar is complimentary and seats are limited. Register by Monday, October 29, to secure your place. Please RSVP by replying to if you are interested in attending. This is also an excellent networking opportunity. So we can best service all who are interested and able to join us at this upcoming event please register for it if you are confident that you are indeed able to attend it. Thank you for your interest and understanding.



Thank you to our sponsor, Borden Ladner Gervais LLP, for providing the space.


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