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Kirrin Resources Initiates Drill Program at Lost Pond Uranium Project
Dec. 06, 2010 06:40AM PST
Rare Earth Investing
Kirrin Resources Inc. (CVE:KYM) reports that it has initiated a 1,500 metre drill program at its Lost Pond uranium project, Western Newfoundland.
Kirrin Resources Inc. (TSXV:KYM) reports that it has initiated a 1,500 metre drill program at its Lost Pond uranium project, Western Newfoundland.
The press release is quoted as saying:
The U2 area uranium showing at Lost Pond was discovered by Shell Minerals in 1981. Exploration since 2006 has resulted in the definition of the U2 mineralization as a 200 metre wide structural/alteration corridor hosting the Cataclastic Zone (0.045% U3O8 over 12.3 metres and 0.038% U3O8 over 20.1 metres) and parallel higher grade fracture controlled mineralization (0.752% U3O8 over 0.5 metres).
Click here to access the entire news release.