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Advanced Airborne Survey Underway on Pacific Bay Uranium Property, Quebec
Feb. 22, 2010 07:56AM PST
Resource Investing News Pacific Bay Minerals reports that Strateco Resources has began airborne survey over it’s uranium claims under option to Strateco in the Otish Mountains, Quebec. The ultra-sensitive survey by contractor Terraquest is designed to identify Matoush style structures favourable for uranium mineralization with high precision so that high quality drill targets can be outlined. Strateco has an option to acquire up …
Pacific Bay Minerals reports that Strateco Resources has began airborne survey over it’s uranium claims under option to Strateco in the Otish Mountains, Quebec.
The ultra-sensitive survey by contractor Terraquest is designed to identify Matoush style structures favourable for uranium mineralization with high precision so that high quality drill targets can be outlined.
Strateco has an option to acquire up to 60% interest in a large package of Pacific Bay mineral claims adjoining Strateco’s claim that hosts the Matoush Uranium ore body. Strateco’s 2010 work commitment is $750,000, which must include 2,500 meters of drilling.
David Brett, CEO of Pacific Bay says:
“The remarkable expansion of Strateco’s exploration program in the Matoush Camp is very significant.” “Strateco’s strong commitment to making uranium discoveries on Pacific Bay’s claims is particularly encouraging.”
For complete press release, click here.
For Pacific Bay’s company profile and information, click here.