Business
2011 Exploration Drilling Campaign
2011 Exploration Drilling Campaign.
About this update from Uru Metals Limited
[{"type":"text","content":"\n \nRNS Number : 7588E URU Metals Limited 12 April 2011 \n \n\nFor immediate release \n 12 April 2011\n \nURU Metals Limited\n \n(\"URU Metals\", \"URU\" or the \"Company\")\n \n2010/11 Exploration Drilling Campaign re-commences on Niger Licenses\n \nURU Metals Limited (AIM: URU), the metals exploration and development company with uranium interests in Niger and South America, and nickel interests in Southern Africa, announces the re-commencement of its 2010/11 exploration drilling campaign on the Company's wholly-owned In Gall and Irhazer uranium licenses in Niger.\n \nDetails of drilling programme\n \nOn 15 October 2010, the Company announced its intention to commence a scoping study in 2011 should its upcoming drilling programme indicate significant uranium mineralisation at its licensed areas at Aboye, Akenzigui and Fagochia.\nFollowing on from the findings of that campaign, coupled with the completion of further recent ground magnetic studies, the Company is pleased to announce that a further drilling campaign will commence towards the end of April 2011.\nThe objective of the programme will be to further evaluate previously identified prospective drill and other targets with the objective of completing the following programme:- \n \nAboye Target: The drilling of twelve boreholes, totalling approximately 5,000 linear metres.\n \nAkenzigui Target: The drilling three boreholes, totalling approximately 1,000 linear metres.\n \nFagochia Target: The drilling of three boreholes, totalling approximately 1,000 linear metres.\n \nDrill positions and the number of hills drilled may be adjusted in line with uranium probe results.\n \nAll holes will be drilled by using a combination of tricone drilling, followed by diamond drilling over mineralised sections, with down hole ge...