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Vena’s Uranium Resource Expansion Program in Macusani

Written by Investing News Network
|
Mar. 10, 2011 08:50AM PST

Vena Resources Inc. (TSE:VEM) reports the initial results of the third major drill campaign on the Macusani properties.

Vena Resources Inc. (TSX:VEM) reports the initial results of the third major drill campaign on the Macusani properties.

The press release is quoted as saying:

The drilling at Tantamaco has extended the higher grade zone around hole TA-2010-79 (54 metres of 1.4 lbs/t U3O8; including 9.7 metres of 5.9 lbs/t U3O8) 300 metres to the west and 150 metres to the south. Several of the initial holes were spaced at 50 metre x 50 metre intervals to prove the consistency of the 40 metre thick disseminated zone within the B horizon of the Yapamayo rhyolite pyroclastic. The current plan is to continue expanding the zone to the south with a series of holes spaced at 100 metre x 100 metre intervals. The table below presents the assay results for the first seven drill holes. It should be noted that assay results from the two visually best holes drilled to date, TA – 115 and TA – 117 are expected in a few days.

Click here to access the entire news release.

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