Western Uranium: 23 Mio lbs Uran für 30 Mio. Marktwert ? - 500 Beiträge pro Seite

[Panem]

http://www.westernuraniumcorp.com/

Western Uranium Corp Drills Impressive Zone of Uranium-Gold-Silver-Molybdenum at Kings Valley, Nevada

October 10, 2006

Western Uranium Corporation (WUC) is pleased to announce assay results from phase II drilling at Kings Valley, Nevada. Phase II drilling includes drill hole KV-19 which intercepted:

27.4 meters of 0.180% U3O8, interval includes:

*
15.2 meters - 0.278% U3O8
*
10.7 meters - 1.26 g/t Gold
*
13.7 meters - 38.7 g/t Silver
*
19.8 meters - 0.021% Molybdenum



Western Uranium Corporation (WUC) is a Canadian based resource company focused on exploration, acquisition and advancement of uranium properties primarily in North America. The company operates in the United States through its wholly owned subsidiary Western Energy Development Corp. and in Canada through its wholly owned subsidiary Ruby Hill Exploration Inc. To date the company has acquired three properties located in Nevada and New Mexico, previously explored during the last uranium cycle by Chevron Resources, Exxon, and Conoco. All properties have drill defined mineral inventories along with considerable exploration potential to host additional pounds of uranium. Through staking efforts and leases WUC holds over 60,000 acres of prospect-able ground in geologically favorable environments in the US. Through the acquisition of Ruby Hill Exploration Inc. the company acquired 486,000 acres of highly prospectable ground in the Thelon Basin. The Thelon Basin is geologically similar to the Athabasca Basin which produces nearly 30% of the world uranium requirements from high grade uranium deposits. The Thelon Basin is under-explored relative to the amount of exploration activity conducted in the Athabasca Basin. The land position Western Uranium Corporation holds in the Thelon Basin affords the company an opportunity to discover a high grade uranium deposit.

[Fibonacci18t]

Western Uranium Corporation Announces Positive Results From The Megatem Airborne Geophysical Survey In The Thelon Basin, Canada
January 9, 2007


Vancouver, British Columbia: Western Uranium Corporation (the “Company” or “Western Uranium” is pleased to announce the results of the airborne MEGATEM geophysical survey flown in the Thelon Basin of Northwest Territories and Nunavut Canada over Western Uranium’s 100 % owned prospect permits and claims.

The interpretation of the data from the survey has highlighted a number of favorable targets that warrant follow-up exploration in the form of ground geophysics and drilling. The Thelon Basin is both geographically and geologically similar to the Athabasca Basin in Saskatchewan Canada, which hosts the majority of known high grade uranium deposits in the world. The Thelon Basin exhibits comparable exploration potential for hosting similar high grade uranium deposits.

A total of 7,948 line kilometers were flown over 486,000 acres of Western’s ground using Fugro’s airborne electromagnetic system. This survey has identified a number of locations that exhibit favorable geophysical responses that can be associated with mineral deposits that host uranium or massive sulfides such as nickel, copper, lead, or zinc. A follow-up exploration program is in the planning stages with a projected start-up date for initiating the program in the field targeted for mid-March. This program will focus on several of the targets identified on Western’s exploration permits that cover ground in Nunavut. One of the targets is sufficiently defined to warrant a first pass exploratory core drill program which will consist of approximately 2000 metres of drilling.

A ground geophysical program that will utilize a time domain electromagnetic (TDEM) survey is being planned for another area that exhibits large, structurally controlled anomalous geophysical responses. This program is being designed to more accurately define ground locations of the airborne geophysical targets and to further define the size and shape of several of the anomalies. Due to the number and extent of the targets identified, several phases of ground exploration programs will be undertaken. The first phase will focus on several but not all of the priority one targets.

On behalf of the Board of
Western Uranium Corporation
“Pamela Klessig”
Pamela J. Klessig
President & CEO
For further information contact:
Western Uranium Corporation
Telephone: [phone]
Email: [e-mail]
Website: www.westernuraniumcorp.com

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved of the contents of this press release. Western Uranium Corporation is a mineral exploration company with a focus on uranium. The Company has exploration properties in Nevada and in New Mexico. The Company has its head office in Vancouver, Canada; and its executive management team is based in Reno, Nevada.

Forward-looking statements: This document may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Company’s capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[Looe]

Antwort auf Beitrag Nr.: 27.119.058 von Fibonacci18t am 22.01.07 20:51:50

Western Uranium enters JV for Jillary Uranium Project

Prairie Downs Project area


Western Uranium has signed a joint venture agreement with Prairie Downs Metals to explore the Jillary Uranium Project in Western Australia.

The project lies on the eastern part of tenements that comprise the Prairie Downs Zinc Project and the exploration objective is discovery of high-grade calcrete-hosted uranium.

The prospectivity of the project is considered excellent, with historic exploration returning assay values as high as 0.52 percent (5,200ppm) U3O8. The historic drilling has identified four other samples that they clearly demonstrate the high-grade potential of the system.

This JV agreement allows Western Uranium to earn a 50 percent interest in any uranium occurrence on these tenements through the expenditure of $350,000 and a further 35 percent (to a total 85 percent interest) through the expenditure of a further $400,000. Prairie Downs Metals’ 15 percent interest will be free carried to decision to mine.

Recent high-definition airborne radiometric data, acquired as part of an airborne magnetic survey conducted by Prairie Downs Metals, show that surface uranium mineralisation at the project is more extensive than previously thought.

Western Uranium’s next stage of exploration will include mapping and sampling to determine the extent and tenor of outcropping uranium mineralisation prior to auger and RAB drilling. The company will commence this work in the current quarter.

- 22 Feb 2007

[Terrorvogel]

... A0KEX5 Western Uranium ist seit heute in Frankfurt gelistet!