Strateco Reports Uranium Results

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.