Cue Resources Ltd. Increases Grade and Resource at Yuty Uranium Project

Cue Resources Ltd. (TSXV:CUE,OCTBB:CUERF) reports that significant increase to the mineral resources at its Yuty project, Paraguay.

The press release is quoted as saying:

Highlights:

• 23% grade increase for Indicated and Measured Resource
• 7% increase in metal content for Indicated and Measured Resource
• Inferred Resource increased 86%

Cue Resources’ President and CEO, Robert Tyson says:

“We are very pleased to show significant growth in our uranium resource and average grade at Yuty.”  “Of equal significance is the discovery of multiple vertical horizons and other lithographic information that will help us surgically target our ongoing drilling at San Antonio. This information, combined with the positive results from our pump test (April 2011) and grades comparable to some IRS producers, give us great confidence to continue to advance the San Antonio zone toward our goal of commercial viability.”

Click here to access the entire news release.

Click here to access Cue Resources’ company profile.(TSXV:CUE,OCTBB:CUERF)