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UCR Drilling Makes New Uranium Discovery Parallel to East Target
UCR Drilling Makes New Uranium Discovery Parallel to East Target.
About this update from Strategic Resources Inc.
[{"type":"text","content":"\n\n\n\nTSX.V: UCR\n\n\nKIRKLAND LAKE, ON, April 25 /CNW/ - (Uranium City Resources Inc -\nUCR:TSX.V, A0F7F5:Berlin): In its most recent press release dated March 28th,\n2007, ("UCR" or the "Company") summarized and commented on 32 of the 35 total\ndrill hole results obtained to date on the East Target.\n\n\nUCR is now pleased to report a new discovery of Uranium mineralization\nparallel to the East Target. Hole FT07-35, while being drilled from its\nlocation on the ice on Verna Lake in an effort to intersect the East Target,\nintersected a near surface mineralized zone that returned 0.204% U(3)O(8) over\n10 meters (32.8 feet). Included in this 10 meter interval was a 5 meter\nportion (16.4 feet) grading 0.387% U(3)O(8). This drill hole was oriented at\n45 degrees and this intersection is believed to be true width. This hole also\nintersected the East Target as was intended and assay results show 0.133%\nU(3)O(8) over 2 meters (6.5 feet) at a depth of 151.0 meters.\n\n\nDrill hole FT07-36 returned 0.181% U(3)O(8) over 1 meter (3.28 feet).\n\n\nDrill holes FT07-33 and FT07-37 returned no significant mineralization.\nThis is consistent with the down-dip "pinching and swelling" features typical\nof U mineralization in the Uranium City Mining District (see comments in\nMarch 28th press release).\n\n\nDrill hole FT07-38 drilled behind hole FT07-35 intersected 1 meter of\nsimilar mineralization but was suspended at a depth of 41.5 meters due to\nadverse ice conditions on Verna Lake.\n\n\n-------------------------------------------------------------------------\n Total Average Grade\n Hole Within\n Depth From To Length Interval\nHOLE (meters) Dip (meters)(meters) (meters) (%U(3)O(8))\n-------------------------------------------------------------------------\nFT07-33 283.0 -45 degrees No significant\n mineralization\n-------------------------------------------------------------------------\nFT07-34 162.0 -45 degrees 115.0 116.0 1.0 0.011%\n-------------------------------------------------------------------------\n -45 degrees 116.0 117.0 1.0 0.021%\n-------------------------------------------------------------------------\n -45 degrees 117.0 118.0 1.0 0.014%\n-------------------------------------------------------------------------\nFT07-35 214.0 -45 degrees 14.25 24.25 10.00 0.204%\n-----------------------...