Uranium

Cue Resources Ltd. (CVE:CUE) reports that it will begin its drilling program on the western extension of the main deposit of the San Antonio deposit, Yuty uranium project, Paraguay.

Cue Resources Ltd. (TSXV:CUE) reports that it will begin its drilling program on the western extension of the main deposit of the San Antonio deposit, Yuty uranium project, Paraguay.

The press release is quoted as saying:

The drilling contract has been awarded to Empire Drilling of Asuncion, Paraguay. Drilling is expected to begin by mid-November and is expected to be completed before the end of 2010.

The new program will consist of 30 holes totaling approximately 3,600 meters. The goal of the drilling is to test the western extension of the main deposit as a follow-up to the drilling of the last 26 holes in a previous round of drilling. The results from the last 26 holes drilled as announced April 26, 2009, showed an increase in the indicated resource of 77% and an average grade improvement of 44%.

Click here to access the entire news release.

Click here to access Cue Resources’ company profile.

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