Trigon Drills Uranium in First Four Henry Mountains Drill Holes Thu Nov 8, 7:03 AM KELOWNA, BC, Nov. 8 /CNW/ - Trigon Uranium Corp. (TSX-V:TEL; "Trigon" or the "Company") is pleased to announce the results for the first four drill holes on its Henry Mountains project in southern Utah. All four holes intersected uranium mineralization, including one strongly mineralized hole. The Henry Mountains property is located immediately west of the Bullfrog and Tony M uranium deposits of Denison Mines Corp. and the Frank M uranium deposit of Uranium One Inc. The four drill holes intersected uranium mineralization in the lower unit of the Salt Wash sandstones of the Morrison formation. The stratigraphic location of the uranium mineralization is consistent with the location of mineralization in the neighbouring uranium deposits. Further, greenish sands and mudstones containing pyrite were observed in the lower Salt Wash sandstones. These indicate a chemically reduced environment, which is critical in the formation of sandstone uranium ores. The following table summarizes the results of the first four drill holes. Only those intervals exceeding 0.01% equivalent uranium are shown. Hole Depth to base Thickness Grade of mineralization Number (Feet) (Feet) (eU(3)O(8)%) HM07-03 1395.5 3.5 0.100 incl. 1394 0.5 0.221 HM07-01 1360 1.0 0.015 1370 1.0 0.097 1395 0.5 0.013 1408 0.5 0.011 HM07-04 1373 1.5 0.039 incl. 1374 1 0.050 In addition to the above, anomalous uranium mineralization at 10 times normal background levels was encountered in drill hole HM07-02. This hole intersected 12 feet of 0.005% eU(3)O(8) at a depth of 1,407 feet corresponding to the same stratigraphic location as the mineralization in the other three drill holes. The results to date support Trigon's belief that the known mineralized trends extend onto its Henry Mountains property. An analysis of historical data(1) from the Bullfrog deposits revealed that the distribution of mineralization in the Company's first four drill holes is consistent with the mineralization of these neighbouring deposits. Sidney Himmel, President and CEO of Trigon stated: "The Henry Mountains program is off to a very good start. We set out to prove with this program that uranium occurs on our property by testing for down-dip extensions of the known mineral trends. The presence of uranium on our property has now been confirmed." The current program's 10 drill holes are located in two target areas. Four holes totalling 6,080 feet have been completed in the first target area, which is located approximately 6,500 feet west of the Denison Mines Corp. property boundary. Holes in this area were drilled at a spacing of 250-600 feet. Drilling of the remaining six holes is ongoing in the second target area. This area is centered within 2,000 feet of Trigon's eastern property boundary on a projection of the Indian Bench-Copper Bench mineral trend. Drill holes in this area will be spaced approximately 750 feet apart on a fence perpendicular to the projected trend. The technical information in this news release has been reviewed by Mr. Stuart Havenstrite, CPG, Technical Advisor to the Company and a Qualified Person as defined in National Instrument 43-101. Drilling on Trigon's Henry Mountains property is carried out by Diversified Drilling LLC of Missoula, MT. Gamma logging for equivalent uranium grades is performed by Century Geophysical Corp. ("Century") of Tulsa, Oklahoma using a Century-built 9057 logging tool. The tool is calibrated for k-factor and deadtime using U.S. Department of Energy test pits. Century's Compu-Log software is used for calculation of equivalent uranium grades. (1) The historical data was summarized prior to the introduction of National Instrument 43-101 and therefore should not be depended upon by shareholders and is not depended upon by Trigon. Trigon has used this general historic information to assist with evaluation of broad geological conditions related to uranium mineralization in the Henry Mountains area. About Trigon Uranium Corp. Trigon Uranium Corp. is a uranium exploration and development company focused on the known deposits of the United States Southwest. This region has produced over one billion pounds of uranium. Trigon has a highly qualified team of uranium exploration experts located in Canada, Utah, and Colorado to direct its exploration and development efforts in the United States South West. Trigon's strategies include the development of advanced uranium projects, entry into uranium mining on an expeditious basis, and opportune acquisitions of uranium development properties. The company has offices in Kelowna (British Columbia) and Golden (Colorado). The company's shares trade on the TSX Venture Exchange under the symbol "TEL". Should you wish to receive Company news via email, please email jeanny@chfir.com and specify "Trigon News" in the subject line. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future developments that the company expects to occur, are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.