Cue Resources: Drill Results Identify Trend at San Miguel

Cue Resources Ltd. (TSXV:CUE,OCTBB:CUERF) reports results from the recent drill program at the San Miguel zone on its Yuty project, Paraguay.

The press release is quoted as saying:

As expected, the structure identified is much shallower than at Cue’s San Antonio uranium deposit 10km to the south. Eleven holes returned cumulative grade times thickness (GT) values in excess of 0.1m% eU3O8, to a maximum of 0.464m% eU3O8 in hole SM1010 (13.9m averaging 0.033% eU3O8).

Cue Resources’ President & CEO, Bob Tyson says:

“Our first drill program at San Miguel has confirmed historic data from Anschutz drilling between 1976 and 1982 and has significantly increased our knowledge of the potential this zone represents” “The shallow depth and geological similarities to San Antonio allowed us to make rapid progress with this relatively small amount of drilling and will define the strategies for ongoing exploration at San Miguel.”

Click here to access the entire news release.

Click here to access Cue Resources’ company profile.