U3O8 Corp. Intersects 30.7 Metres at 0.06%

U3O8 Corp. (TSXV:UWE) reports that drilling has more than doubled the size of the Aricheng C structure in the Kurupung Batholith, Guyana.  

The press release is quoted as saying:

This ninth uranium-bearing zone now extends 350 metres (“m”) long, and is open along trend and at depth. Results from scout drilling suggest that the Kurupung structures identified to date may contain a conceptual target of 13-18 million tonnes at a grade of 0.08% to 0.10% U₃O₈ (for an estimated 30-32 million pounds (“mlb”) U₃O₈) including the initial National Instrument 43-101 (“NI 43-101″) resource estimate of 5.8mlb U₃O₈ Indicated and 1.3mlb U₃O₈ Inferred¹.

Click here to access the entire press release.