Hathor Reports Follow Up Winter Drilling Begins at Henday Uranium Project

- January 12th, 2011

Hathor Exploration Limited (CVE:HAT) and Forum Uranium Corp. (CVE:FDC) report that the 2011 winter diamond drill program is now underway on the Henday uranium project, Athabasca basin, Saskatchewan

Hathor Exploration Limited (TSXV:HAT) and Forum Uranium Corp. (TSXV:FDC) report that the 2011 winter diamond drill program is now underway on the Henday uranium project, Athabasca basin, Saskatchewan.

The press release is quoted as saying:

Drilling will commence on the Mallen Lake Zone, where a large alteration system extending well into the overlying sandstones and down into the basement rocks was discovered in the 2010 drill season. The depth to unconformity is only 100 m in the Mallen Lake area. Several drillholes intersected weak uranium mineralization, with 0.5 metres at 723 ppm U in RL-66 and 0.5 metres of 0.16% U in RL-68, both within basement lithologies. Monometallic geochemistry (very minor arsenic and nickel) returned from this zone suggests that the uranium mineralization model is similar to Hathor’s Roughrider Deposit or Cameco’s Millennium Deposit.

Click here to access the entire news release.

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