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    Strateco Reports Uranium Results

    Investing News Network
    Jun. 12, 2012 08:48AM PST
    Company News

    Strateco Resources Inc. (TSX:RSC,FWB:RF9) announced it has intersected 3.62% eU3O8 over 8.5 metres in a hole at the Matoush uranium deposit.

    Strateco Resources Inc. (TSX:RSC,FWB:RF9) announced it has intersected 3.62% eU3O8 over 8.5 metres in a hole at the Matoush uranium deposit.

    As quoted in the press release:

    This hole is part of Strateco’s 2012 planned program of 15,000 metres of drilling, which among other things aims to increase the deposit resource, in particular the Indicated resource, by definition drilling.

    Definition drill hole MT-12-012 intersected the Matoush uranium-bearing structure between hole MT-08-003, which returned 1.9% U3O8 over 7.5 metres, including 5.6 % U3O8 over 2.4 metres, and hole MT-08-028, which returned 0.51% U3O8 over 40.4 metres, including 2.26 % U3O8 over 7.4 metres. Hole MT-12-012 lies 32 metres north of hole MT-08-003 and 27 metres south of hole MT-08-028.

    Click here to read the Strateco Resources Inc. (TSX:RSC) press release.  

    tsx:rscstrateco resources
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