Business
UCR updates the drilling 2008 winter program
TSX.V: UCR KIRKLAND LAKE, ON, April 2 /CNW/ - Uranium City Resources Inc. ("UCR"), is pleased to ...
About this update from Strategic Resources Inc.
[{"type":"text","content":"\n\n\n\nTSX.V: UCR\n\n\nKIRKLAND LAKE, ON, April 2 /CNW/ - Uranium City Resources Inc. ("UCR"),\nis pleased to provide the following brief update on its winter drilling\nprogram on the East Target property located in the Beaverlodge/Uranium City\nMining District in north-west Saskatchewan.\n\n\nSo far in 2008, UCR has drilled 11 new drill holes on the East Target\nproperty - nine of which were drilled on land and two of which were done from\nthe ice on Verna Lake. Despite some adversely cold weather conditions that\nslowed down drilling progress, these holes were all successfully completed for\na total length of 1285 meters.\n\n\nDrilling continues to confirm that the U mineralization is continuous\nbetween the wider spaced holes done in 2006 and 2007 in the central and\neastern part of the East Target property. In addition, the holes done in the\nwestern part of the East Target also show continuous U mineralization although\nof lower grade. The two holes completed from the ice on Verna Lake to the\nsouth of the East Target property also intersected mineralization which\nsuggests the U mineralization also extends southwards towards the St Louis\nFault.\n\n\nAssay results have been received from Actlabs on the following two holes:\n\n\n-------------------------------------------------------------------------\n Avg.\n Total Grade Pounds\n Hole Within per\nHOLE Depth Dip From To Length Interval Ton\n-------------------------------------------------------------------------\n (meters) (meters) (meters) (meters) (%U(3)O(8))\n-------------------------------------------------------------------------\nFT08-59 110.00 -45 41.00 44.00 3.00 0.033 0.66\n-------------------------------------------------------------------------\nFT08-66 108.20 -45 58.00 59.00 1.00 0.023 0.46\n-------------------------------------------------------------------------\n 64.80 65.80 1.00 0.026 0.52\n-------------------------------------------------------------------------\n 72.00 73.00 1.00 0.085 1.70\n-------------------------------------------------------------------------\n\n\nAt present there are some 200 additional assays of core samples from the\nEast Target Project that will be shipped for assaying to Actlabs in Ancaster,\nOntario. Results will be reported as soon as they are received. Note that the\nassay methodology employed by Actlabs involves D...