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Message: Uracan Resources - Highest Near Surface Uranium Grades to Date

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Uracan Resources - Highest Near Surface Uranium Grades to Date

posted on Oct 19, 09 12:41PM

Some of the highest uranium grades ever seen reported at a near surface uranium deposit were released yesterday by Uracan Resources at Grandroy zone of their North Shore Property in southeastern Quebec, Canada.

Uracan had results from two Grandroy holes – one that was 5.4 meters of 0.213% U3O8, or2130 ppm, (parts per million), and one that was 4.5 meters of 0.194% U3O8, or 1943 ppm. This equates to 4.3 pounds per ton and 3.9 pounds per ton respectively.

Uracan's Grandroy Yields Intercepts Of Up To 0.213% (4.26 lbs/t) U3O8 Over 5.4 m

Mr. Gregg J. Sedun, Chairman & Chief Executive Officer of Uracan Resources discusses the Company's highest ever uranium grades reported in a 2 part interview.

PART 1

PART 2

Uracan says drilling can and will go year round, and at only 50 m depth per hole, the drilling is fast and inexpensive.

The Grandroy zone is 7 km north of the company’s Double S zone, which host a resource of 154.9 million tonnes grading 0.012% U3O8, for a total of 40.7 million pounds of U3O8.

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