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    Continuing Success for Mega Uranium At Athabasca Property

    Investing News Network
    Nov. 26, 2012 01:00PM PST
    Company News

    Mega Uranium Ltd. (TSX:MGA) and Forum Uranium Corp. (TSXV:FDC) are pleased to announce evaluation results from the first drill target at the Northwest Athabasca property under option from Cameco Corporation.

    Mega Uranium Ltd. (TSX:MGA) and Forum Uranium Corp. (TSXV:FDC) are pleased to announce evaluation results from the first drill target at the Northwest Athabasca property under option from Cameco Corporation.

    Highlights from the press release:

    – Drillhole NWA-35 – 2.48% U3O8 over 1.5 metres at a vertical depth of 26 metres with a 0.5 metre interval grading 5.77% U3O8.

    – Drillhole NWA-34 – 20 centimetres grading 0.27% U3O8 at a vertical depth of 50 metres, located only 20 metres west of the historic Zone 2A mineralization.

    – The Northwest Athabasca property hosts the Maurice Bay deposit (historical resource* of 1.5 million pounds uranium at a grade of 0.6% U3O8)

    Click here to read full Marketwire press release.

     

    forum uranium corpmega uranium ltdmega uraniumtsx:mgatsxv:fdc
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