Athabasca Uranium Announces Keefe Lake Update

Athabasca Uranium Inc. (TSXV:UAX) announced an update on the Keefe Lake uranium project in Saskatchewan, Canada.

As quoted in the press release:

The Company has received the results of the lithogeochemical and PIMA/clay alteration samples and has conducted further analysis on Hole KEF-12-08, which was drilled to a depth of 553 metres (374 metres beyond the unconformity), as first reported on April 30, 2012. Basement alteration was found to continue beyond the expected regolith alteration to the bottom of Hole KEF-12-08, which was drilled to test the extent of alteration encountered at the bottom of Hole AU4-01, which was drilled to a depth of 402 metres in 2011.

Click here to read the Athabasca Uranium Inc. (TSXV:UAX) press release.