Athabasca Uranium Commences Drill Program

Athabasca Uranium Inc. (TSXV:UAX) is pleased to announce that the Company has commenced the diamond drill program on its Keefe Lake uranium project in the southeast Athabasca Basin.
As stated in the press release:

• Construction of the 25-man base camp began last week and will be completed immediately, with mobilization and operation of the diamond drill expected to take place shortly.
• The Company will be performing down-hole gamma radiation surveys for each of the holes as they are completed, and a satellite communication system will allow for near real-time drilling results to be available to the Company throughout the program.
• Prospective drill core will also be subject to assay for mineralization.

Gil Schneider, President, states:

“This is a watershed moment for us”, commented Gil Schneider, President “as with drills turning Athabasca Uranium graduates to a full-blown exploration company. We are extremely pleased with the exploration team we’ve assembled, and have a high degree of confidence in our drill targets, having employed the greatest level of exploration technology available. We hope to be able to provide our shareholders with positive news in the near term”.

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