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    Calypso Announces Second Discovery of Surface Uranium Mineralization

    Investing News Network
    Feb. 22, 2012 02:31PM PST
    Company News

    Calypso Uranium Corp. (TSXV:CLP) announced the second discovery of surface uranium mineralization at its San Jorge Basin project in Argentina.

    Calypso Uranium Corp. (TSXV:CLP) announced the second discovery of surface uranium mineralization at its San Jorge Basin project in Argentina.

    As quoted in the press release:

    The Company has also received additional positive results from the follow up program at the first discovery zone announced in August. These discoveries were the results of the initial prospective field programs at the Bella Vista and La Flecha prospects, both included in the San Jorge Basin Project, confirming the exploration potential of this uranium district. Calypso is currently advancing an intensive regional summer exploration program at this Project, including a 3,000 meter RC drill program. Calypso’s exploration activity in Argentina is led by Energía Mineral with the participation of Cameco Global Exploration under the joint venture Option Agreement signed in September 2010.

    Calypso’s  Vice President of Exploration, Guillermo Pensado said:

    The discoveries achieved by our exploration team in just a few field campaigns confirm the uranium exploration potential of the district and support the upcoming drill program, which should contribute to further identifying uranium mineralization at this highly prospective San Jorge Basin project.

    Click here to read the Calypso Uranium Corp. (TSXV:CLP)  press release.  

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