Uranium

Mega Uranium Ltd. (TSE:MGA) reports an update on its Canadian exploration.

Mega Uranium Ltd. (TSX:MGA) reports an update on its Canadian exploration. 

The press release is quoted as saying:

A winter drilling program was completed on the Mustang Lake property located in the Central Mineral Belt of Labrador. The target area consists of a structural zone containing Aillik Group volcanic stratigraphy interpreted to trend from Paladin’s Michelin uranium deposit (located 8 km to the southwest) through the Mustang Lake property. The project is part of a joint venture with Virginia Energy Resources Ltd. (Mega 66.69%: Virginia 33.31%).

Click here to access the entire news release. 

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