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Hathor Intersects 27.0 m of 7.91 % U3O8

Investing News Network
Sep. 20, 2011 10:20AM PST
Company News

Hathor Exploration Limited (TSE:HAT) provided a further update on the 2011 summer drill program at the Far East Zone of the Roughrider uranium deposit in the Athabasca Basin.

Hathor Exploration Limited (TSX:HAT) provided a further update on the 2011 summer drill program at the Far East Zone of the Roughrider uranium deposit in the Athabasca Basin.

The press release is quoted as saying:

Highlights from drill hole MWNE-11-715 include:

  • Composited interval of 27.0 m of 7.91% U3O8, including 3.5 m of 41.77 % U3O8
  • Combined drill hole GT (grade x thickness) of 215, the new highest GT on Far East, and the 12th highest GT of the nearly 400 drill holes completed on Roughrider so far.

Assays are pending for 2 drill holes from the Far East Zone, including MWNE-11-718, which intersected a total of 17.30 m of off-scale radioactivity; the greatest amount of off-scale radioactivity within a single drill hole at Far East. This radioactivity was intersected in two zones (Figure 3): one at a depth correlative with other drill hole intersections at Far East, and; one at a much shallower depth, only 45 m below the unconformity. The shallower zone presents significant potential for the discovery of an additional zone in the Roughrider system.

Click here to access the entire news release.  

 

athabasca basin tsx:hat
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