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The Maybach Review: Has added Mega Uranium Ltd. to their watch list
Feb 21, 2008 (M2 PRESSWIRE via COMTEX News Network) --
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Today's activity has brought Mega Uranium Ltd. on our radar.
Mega Uranium Ltd. was up over $.20 with below average volume early trading Thursday, February 21, 2008.
Thursday, February 21, 2008 Mega Uranium Ltd. is pleased to announce the commencement of a 3,600 metre drill campaign on the Maurice Point property in the western Athabasca Basin. The Maurice Point uranium property is under option by Mega from Forum Uranium Corp. where Mega can earn a 55% interest in the project by spending $8 million over three years. Forum is operator.
The Maurice Point property is located along a 30 kilometre northeast trending structure known as the McKenzie Mylonite Zone, which hosts Cameco's Maurice Bay uranium deposit (1.3 million pounds U3O8, source Saskatchewan Industry and Resources, Miscellaneous Report 2003-7).
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