TSXV:UCR
RKLAND LAKE, ON, Nov. 9 /CNW/ - Uranium City Resources Inc. ("UCR") is
pleased to announce results from the 2005 exploration program at the Eldorado
Project, which is located in the Uranium City region of Northern Saskatchewan,
Canada. The Eldorado Project is one of ten uranium projects within the UCR
portfolio.
Eldorado Project:
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An 18 cm chip sample (801660) from Trench E (Hab Mine area) returned
values of 4.05% U, 0.048% V, 0.021% Cu, 0.411% Pb and 37.9ppm Bi.
A 24cm chip sample (801622) from Trench D (Hab Mine area) returned values
of 2.53% U, 0.129% V, 0.24% Cu, 0.227% Pb and 57.3ppm Bi.
Along strike of the trenches located south of Virgin Lake, several
trenches were located to the southeast of Virgin Lake towards the North of
Hab Mine Zones. A total of 5 grab samples from these old trenches returned
values ranging from 0.0503% U to 8.65% U (8.65%, 4.38%, 1.09% and 0.503%
Uranium), low Vanadium, 1 high value of Lead (1.17% Pb), and 0.59% Cu
(associated with the 8.65% U).
In the same location, the UCR sampling crew located additional old
trenches and the grab samples taken returned values of 1.71% U, 5.32% U and
44ppb and 143ppb Gold (respectively) and were associated with low Vanadium,
minor Copper, and low Lead.
SRC Geoanalytical Laboratories, Saskatoon, Saskatchewan, completed all
assaying by multi-acid partial and total digestion ICP scan. Non-radioactive
samples were submitted to TSL Laboratories Inc., Saskatoon, Saskatchewan, for
Au and PGE analysis.
UCR's senior project geologist and QP, Kian A. Jensen, B.Sc., P.Geo. has
reviewed this press release.
Forward looking statements:
This news release contains certain forward-looking statements. These
forward-looking statements are subject to a variety of risks and uncertainties
beyond UCR's ability to control or predict, which could cause actual events or
results to differ materially from those anticipated in such forward-looking
statements. Although UCR believes that the assumptions inherent in the
forward-looking statements are reasonable, undue reliance should not be placed
on these forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
