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Southern Andes Energy Inc.’s New Uranium Discovery

Investing News Network
Nov. 15, 2010 03:53AM PST
Company News

Southern Andes Energy Inc. (CVE:SUR) reports the discovery of uranium mineralization from preliminary work on its Chacaconiza project area in the Macusani Uranium District, Southeast Peru.

Southern Andes Energy Inc. (TSXV: SUR) reports the discovery of uranium mineralization from preliminary work on its Chacaconiza project area in the Macusani Uranium District, Southeast Peru.

The press release is quoted as saying:

A complete list of channel and trench sampling results are listed in the appendix at the end of this press release. Please visit our website at www.southernandes.ca for more maps of the Accocucho Sur Zone 1 and 2 and photographs of Trench 14 with a corresponding detailed assay map.

Southern Andes Energy’s President and CEO, Nick Tintor says:

“These are excellent preliminary results from just a small part of one large radiometric anomaly that underscores the potential we see at Chacaconiza.” ”The increase in disseminated uranium in Trench 14 is especially of significance as the majority of uranium found to date in the Macusani Uranium District is fracture controlled.”

Click here to access the entire news release.

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