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Abitex drilling on Lavoie property intersects 15.3 m @ 0.342% U3O8 and up to 1.783% U3O8 over 2.2 meters
VAL-D'OR, QC, March 26 /CNW Telbec/ - Abitex Resources Inc. (TSX-V: ABE) (the "Company") is pleas...
About this update from Vision Lithium, Inc.
[{"type":"text","content":"\n\n\n\nVAL-D'OR, QC, March 26 /CNW Telbec/ - Abitex Resources Inc. (TSX-V: ABE)\n(the "Company") is pleased to announce the first assay results from its\ndefinition drilling program on the Lavoie property, located 350 km north-east\nof Chibougamau in Quebec's Otish Mountains. The property, under option from\nAREVA Resources Canada and SOQUEM Inc., hosts the historic "L" uranium deposit\nwhich has an historic resource of 5.9M lbs U3O8 ((x)).\n\n\nThe "L" deposit lies between 50 and 150 meters depth over a recognized\nminimum strike length of 600 meters along the contact between flat-lying\nsediments and a sub-vertical gabbro intrusive. Structurally controlled\ndisseminated and fracture-filling uranium mineralization is located mainly\nalong the contact and within the sediments (Main zone) but also occurs in the\nintrusive (Gabbro). Between September and December 2008, 42 holes were drilled\non the Lavoie property for a total of 6,410 meters. These holes targeted the\neastern half of the "L" deposit over a 250m strike length where they have\nintersected significant widths and grades of uranium mineralization such as\n15.3 meters grading 0.342% U3O8 in hole L-08-15 and 14.8m grading 0.369% U3O8\nin hole L-08-35, as well as several high grade intervals such as 2.2 meters\ngrading 1.783% U3O8 in hole L-08-15 and 1.8m grading 1.621% U3O8 in hole\nL-08-34. Significant assay results are reported below:\n\n\n North Core\nHole Section UTM From To Length U3O8 Vertical Zone\nNo. m NAD83 m m m % Depth m\n-------------------------------------------------------------------------\nL-08-43 541E 5,783,424 59.50 60.00 0.50 0.697 Main\n 61.50 68.25 6.75 0.235 -50 "\n incl. 67.45 68.25 0.80 1.019 "\n 70.15 72.65 2.50 0.778 "\n incl. 71.15 71.65 0.50 3.667 "\n-------------------------------------------------------------------------\nL-08-42 541E 5,783,445 68.05 77.45 9.40 0.355 -55 Main\n incl. 68.55 69.55 1.00 1.809 "\n and 71.15 72.55 1.40 0.848 "\n 82.85 83.35 0.50 0.117 "\n-------------------------------------------------------------------------\nL-08-34 541E 5,783,463 43.25 44.75 1.50 0.150 -35 Gabbro\n 73.70 75.50 1.80 1.621 Main\n 79.80 87.40 7.60 0.303 -65 "\n incl. 85.50 86.40 0.90 1.227 "\n-------------------------------------------------------------------...