Welcome To The Western Prospector Group Ltd. HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Receives High Grade Gurvanbulag Sampling Results

Receives High Grade Gurvanbulag Sampling Results

posted on Feb 12, 2009 11:39AM
February 12, 2009
Western Receives High Grade Gurvanbulag Sampling Results

Provides Additional Data beyond Definitive Feasibility Study

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2009) - Western Prospector Group Ltd. (TSX VENTURE:WNP) ("Western") today announced high grade sampling assay results from the 200-metre level of the underground workings for its Gurvanbulag project. None of these samples represent the full thickness of the mineralized horizon, as only its basal contact is exposed.

"We continue to be very encouraged by the high grade sampling results at our Gurvanbulag project," said Eric Bohren, President and Chief Executive Officer of Western. "Collected channel samples from the 200-metre level included grades as high as 0.66% U3O8 over 2 metres."

The sampling was completed after the data set was finalized for the reserves indicated in the Definitive Feasibility Study ("DFS") results that Western reported on January 9, 2009, and will be incorporated into Western's next resource estimate.

In September 2008, after completion of the main sampling, bulk sampling, mapping and radiometric drill hole logging program of the 260-metre level at Gurvanbulag, Western directed work at gaining access to the 200-metre level, 60 metres above. The Main Shaft, which had been rehabilitated for the dewatering program, does not include access to the 200-metre level. All the raises in the mineralized rock up to that level were badly collapsed and impossible to rehabilitate with the available equipment. A ladderway was fabricated and installed in the smaller North Shaft, thereby providing limited working capability on the 200-metre level.

Western discovered that the 200-metre level footwall drift (main tunnel) had been driven too close to the mineralized horizon right underneath, and collapses had occurred in both directions not far from the shaft access point. The collapse had also occurred a short distance down an inclined raise ascending from the 260-metre level. Vertical channel samples were collected where safe access was possible. At five sample locations, the top samples encountered the bottom of the mineralized horizon and three more samples encountered narrow fracture-filled mineralized root zones extending below the horizon as shown in the table (results above cut-off grade of 0.08% U3O8 reported). A total of 149 samples were taken in 37 vertical channels with most samples 50 cms in length with 3 to 5 samples taken per channel.

---------------------------------------------------------------
Sample #   Sample       Grade                   Mineralization
           length       %U3O8
          (metres)
---------------------------------------------------------------
A16588,       2.0        0.66         Bottom of mineralization
A16589,
A16591,
A16592
---------------------------------------------------------------
A16605        0.5        0.19         Bottom of mineralization
---------------------------------------------------------------
A16612        0.5        0.13         Bottom of mineralization
---------------------------------------------------------------
A16618,       1.0        0.27         Bottom of mineralization
A16619
---------------------------------------------------------------
A16725        0.5        0.28         Bottom of mineralization
---------------------------------------------------------------
A16674,       1.0        0.66       Fracture zone below bottom
A16676                               contact of mineralization
---------------------------------------------------------------
A16668        0.5        1.08       Fracture zone below bottom
                                     contact of mineralization
---------------------------------------------------------------
A16656        0.5        0.25       Fracture zone below bottom
                                     contact of mineralization
---------------------------------------------------------------
"Once we re-open the Gurvanbulag underground workings, we will make further rehabilitation and sampling of the 200-metre level a priority to allow incorporation of more detailed sampling into the next resources estimate," said Gerald Harper, Senior Vice President of Western. Following the completion of the DFS and filing of the Environmental Impact Assessment with the Mongolian Government, further mine development is contingent on additional approvals by the Mongolian Government.

Qualified Persons: Gerald Harper, Ph.D, P.Geo., Senior Vice-President of Western, is the qualified person (as defined under NI 43-101) on the project and has reviewed the technical information presented in this release.
Share
New Message
Please login to post a reply