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    U3O8 Corp. Reports Results of Infill Drilling at Aricheng C in the Kurupung Project, Guyana

    Investing News Network
    Sep. 01, 2011 07:54AM PST
    Company News

    U3O8 Corp. (CVE:UWE) reports results from the infill drilling program completed on the Aricheng C area in the Kurupung Batholith in Guyana.

    U3O8 Corp. (TSXV:UWE) reports results from the infill drilling program completed on the Aricheng C area in the Kurupung Batholith in Guyana.

    The press release is quoted as saying:

    Resource estimation has started on data from Aricheng C, while infill drilling is progressing well on the next mineralized zone – Aricheng West – towards the goal of increasing the current National Instrument 43-101 (“NI 43-101″) uranium resource1 on the Kurupung Project.

    U3O8 Corp’s President and CEO, Dr. Richard Spencer says:

    “Infill drilling has successfully defined the shape and grade of the uranium-bearing shoots at Aricheng C – the third area to undergo resource estimation out of the 10 mineralized zones identified in the Kurupung Project to date,” said Dr. Richard Spencer, U3O8 Corp’s President and CEO. “The resource estimate on Aricheng C is expected to be reported in early Q4 2011, to be followed by the estimate for Aricheng West by year-end. Thereafter, infill drilling will move to the Accori area with the aim of contributing to sustained resource growth.”

    Click here to access the entire news release. 

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