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    Uranium North Completes Drilling on the Amer Lake Uranium Deposit

    Investing News Network
    Sep. 01, 2011 08:01AM PST
    Company News

    Uranium North Resource Corp. (CVE:UNR) reports the completion of the 2011 drill program on its Amer Lake uranium deposit in Nunavut

    Uranium North Resource Corp. (TSXV:UNR) reports the completion of the 2011 drill program on its Amer Lake uranium deposit in Nunavut.

    The press release is quoted is as saying:

    The program was designed to test for additional uranium mineralization along strike of the Main Zone deposit in an attempt to increase the existing 19.3 million pound uranium resource*.

    A total of 15 reverse circulation drill holes were completed to the southeast of the inferred resource to a maximum depth of 204 metres. All of the drill holes reported elevated and anomalous scintillometre readings with the exception of three holes that did not reach their target depth due to drilling difficulties.

    Uranium North Resources’ President and CEO, Mark Kolebaba says:

    “The anomalous and elevated CPS (counts per second) readings suggest the 2011 Amer Lake program successfully expanded mineralization at the Main Zone to the southeast. The lab will allow us to determine to what extent we are able to increase the current resource”

    Click here to access the entire news release. 

    tsxv:unrmark kolebaba
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