Business
ABITEX OTISH URANIUM EXPLORATION UPDATE
ABITEX OTISH URANIUM EXPLORATION UPDATE
About this update from Vision Lithium, Inc.
[{"type":"text","content":"\n\n\n\n Oct. 6, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nVAL-D'OR, QC, Oct. 6 /CNW Telbec/ - Abitex Resources Inc. (TSX-V: ABE) (the "Company") is pleased to provide shareholders and investors with an update on its Epsilon and Lavoie uranium-gold projects in the Otish Mountains, Quebec.\n\n\n >\n\n\nOn the 100% owned 53.5 sq.km Epsilon project, several new mineralized boulders were discovered at the Lac Banane occurrence located in the eastern part of the property. Originally discovered by SÉRU Nucléaire Ltée (predecessor to AREVA) in the early 1980's, the Lac Banane boulder field consisted of a half dozen small boulders strewn over a restricted area. Abitex crews have discovered several new boulders, some significantly larger than the original boulders, extending the boulder field up-ice towards a yet unknown source. The new boulders consist of strongly altered and mineralized gabbros with visible uranium minerals (uraninite, uranophane, gummite) which locally give off-scale (greater than 15,000cps) SPP2 radiometric readings. Samples have been sent to SRC Geoanalytical Laboratories and assay results are pending.\nMost of the summer exploration program was completed on the Epsilon A&B occurrences which are located 750 meters apart in the western part of the property. Discovered in 2008, the Epsilon A outcrop was stripped and sampled in 2009, returning channel sample assays of 0.067% U3O8 and 1.04 g/t Au over 9.9m and grab samples as high as 2.15% ...