Business
Hathor Extends Uranium Mineralization at Roughrider Zone, Releases Results for 24 Drill Holes and Scintillometer Data for 89 Drill Holes
Hathor Extends Uranium Mineralization at Roughrider Zone, Releases Results for 24 Drill Holes and...
About this update from Green Shift Commodities Ltd
[{"type":"text","content":"\nHathor Extends Uranium Mineralization at Roughrider Zone, Releases Results for 24 Drill Holes and Scintillometer Data for 89 Drill Holes\n\n\n Apr. 15, 2009 (Baystreet.ca) -- VANCOUVER, BRITISH COLUMBIA -- Terra Ventures Inc. (TSX VENTURE: TAS) is pleased to provide an update on the Midwest NorthEast Uranium property in which Terra owns a 10% production carried interest.\n\nIn a press release dated April 15, 2009, Hathor reported: Hathor Exploration Limited (TSX VENTURE: HAT) is pleased to announce the successful completion of the 2009 winter drill program on the Roughrider Zone at its 90%-owned Midwest NorthEast property, northern Saskatchewan. \nDuring this winter, Hathor completed in excess of 30,000 meters of diamond drilling in 89 drill holes from the ice of South McMahon Lake. Stephen Stanley states: \"It is with good reason that we drilled approximately 50% more than we originally planned, and it speaks volumes as to the excellence of Hathor's exploration team, the quality of TEAM Drilling LP and the significance of our Midwest NorthEast project.\" \nThe successful 2009 winter drilling has: \n- Demonstrated continuity of mineralization. \n- Identified significant strike length extensions to the southwest and northeast, and width extensions of the original Roughrider zone; all of these extensions are still open. \n- Discovered initial zones of high radioactivity at and above the unconformity (e.g. MWNE-09-94, MWNE-09-97 and MWNE-09-101). See photos of drill holes posted on Hathor's website, which show off-scale CPS readings. \n- Intersected the highest levels of radioactivity (as determined by down-hole gamma-ray probe data) on the property to date in drill hole MWNE-09-116, a step-out hole to the southwest. \nIn addition to the assay results presented below, Hathor is also pleased to release scintillometer data (CPS values) and detailed drill collar information for the entire winter's drilling on its new website at www.hathor.ca, as well as select pictures of altered and uranium-mineralized drill core. The company believes these data will present the reader with a more complete picture of the success of this winter's program. \nDrilling is planned to continue after spring breakup utilizing both barge-based and land-based drill rigs. These will be used to: further test for strike-length extensions and extensions of sands...