Kirrin Progresses Uranium and Rare Earth Elements Exploration

Kirrin Resources Inc. (TSXV:KYM) reports its financial results and operational highlights for the second quarter of 2011.

 

The press release is quoted as saying:

The quarter was marked by busy exploration programs and progress at the Key Lake SW uranium project and the Grevet REE project.

Kirrin completed a number of milestones at its Key Lake Southwest (‘KLSW’) uranium property located on the southeastern margin of the Athabasca Basin in Saskatchewan. Two features of note from the interpretation report by Savaria Geophysics Inc. of its integration of 2011 and 2010 airborne geophysical survey data are (a) the identification of 35 airborne electromagnetic targets, over 50% of which are rated as High to Moderate priority for exploration follow-up for basement-hosted unconformity-type uranium deposits and (b) evidence that the Wollaston Domain may underlie the eastern portion of the KLSW property. Ground follow-up fieldwork is planned by Kirrin to start in August 2011.

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