Uranium North Identifies Additional Targets on the Robin Project
17 Maio 2011 - 10:45AM
Marketwired
Uranium North Resource Corp. (TSX VENTURE: UNR) has staked an
additional claim at the 100% owned Robin property in Nunavut. The
claim covers a north - south trending till geochemical anomaly with
samples assaying up to 2.42 g/T gold.
The anomalous trend is approximately 200 metres east of the main
mineralized structure suggesting mineralization on the property may
be more extensive. The till geochemical samples may also define a
second north-south trending anomalous zone to the west and north of
the main structure. Based on this data, mineralization at Robin
appears to be open to the north under overburden cover.
"With just a few days of prospecting and sampling Uranium North
has identified Robin as a new gold prospect in Nunavut. We now have
an under-explored 2 kilometre structure with gold, silver and
copper mineralization. This new till geochemistry suggests that the
structure is either very wide or is two parallel zones," says Mark
Kolebaba, President and CEO of Uranium North Resources.
The known mineralized zone at Robin has been traced for 1.6
kilometres and has yielded numerous grab samples with high gold,
silver and copper identified by the company in 2010 during a
prospecting program. Assays recovered include gold as high as 11.75
g/T, copper up to 2.18% and silver as high as 16.2 g/T. (See news
release dated November 4, 2010).
The Robin property is currently being reviewed. Further
prospecting is warranted and a possible drill program to test a
section across the main zone and the two soil anomalies.
Bruce Kienlen, P.Geol, and Graham Gill, P.Geo, are the Qualified
Person as defined by National Instrument 43-101, reviewing data for
this property.
Uranium North is exploring five gold properties of which two are
candidates for drilling. In addition, the company is planning an
aggressive resource expansion program on its 100% owned Amer Lake
uranium property.
CAUTIONARY STATEMENT: This News Release includes certain
"forward-looking statements". All statements other than statements
of historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and
reserves, exploration results, future plans and objectives of
Uranium North Resource Corp., are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from Uranium North Resource Corp.'s
expectations are the risks detailed herein and from time to time in
the filings made by Uranium North Resource Corp. with securities
regulators.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. No stock exchange, securities commission
or other regulatory authority has approved or disapproved the
information contained herein.
Contacts: Uranium North Resource Corp. Heather Kays Manager of
Corporate Communications 604-719-3430 604-484-7143 (FAX)
info@uraniumnorth.com www.uraniumnorth.com
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