neue uran Rakete auf ATL! - 500 Beiträge pro Seite

[Dersisco]

Canyon Resources Reports on Uranium Project:
Acquisition of Claims
Golden, CO—Canyon Resources Corporation (AMEX:CAU), a Colorado-based
mining company, is pleased to report on the recent acquisition activities of its uranium
program in Wyoming. In the early 1980s, Canyon conducted an aggressive uranium
exploration program in the western United States. Recently, the Company made the
decision to review its historic files and reactivate one of its prior projects in Wyoming.
Canyon Resources has acquired mineral rights on approximately 3,500 acres by
claim staking in three separate locations within the program area, located along the
southern end of the Powder River Basin in Wyoming. Drilling during 1981 and 1982 in
the program area by Canyon and a prior joint venture partner, Aquintaine Mining
Corporation, consisted of 88 drill holes for approximately 69,000 feet. Within the
program area, uranium drill hole intercepts, as defined by down hole gamma logging,
showed a range of grades of up to 0.43% equivalent U3O8. This program identified the
potential for multiple uranium roll fronts. Additionally, a separate third company drilled
out a reported three million pounds of uranium oxide material in the program area. It is
believed that they drilled approximately 114 drill holes for about 68,000 feet.
“The reactivation of one of Canyon’s prior uranium programs represents an
opportunity for the discovery of uranium deposits in Wyoming. While the Company will
continue a focus on gold, we are pleased to be able to develop value for our shareholders
from prior exploration activities conducted. We are considering our options for this
program, which may include seeking a joint venture partner to fund and continue the
uranium exploration program,” stated James Hesketh, President and CEO of Canyon
Resources.
Uranium mineralization in the program area is hosted in the Chadron Formation,
which is composed of sandstones, conglomerates, and red to green siltstones and
claystones. The sandstones are lenticular in nature and average from 5- to 20-feet in
thickness and occasionally range up to 45-feet thick. All of the claims are underlain by
the uranium host rocks of the Chadron Formation.
The Crow Butte uranium deposit, currently being mined by Crow Butte Resources
Inc., a subsidiary of Cameco Corporation, using in situ leach methods, is also hosted in
the sandstones of the Chadron Formation. Crow Butte is located in Nebraska about 80
miles to the east of the Company’s project area in Wyoming. Crow Butte has been
producing uranium for over a decade and originally was reported to contain up to 30
million pounds of U3O8.
Actual results may differ materially from any forward-looking statement whether expressed

[Dersisco]

Der goldpreis fast bei 460.Uranexploration läuft.Der Kurs noch immer im absoluten Wachkoma.Der Ausverkauf sollte jetzt langsam mal ein Ende haben.Wenn die jetzt noch die Mine zum laufen bringen muß sich der Kurs verdoppeln!
Gruß

[Dersisco]

20% in 3 Tagen.So gehts.Aber noch jede Menge Luft.Solltr es eine Lösung für die Minenausbeutung geben verdoppelt sich die Bude schnell.