Eastern Extension Continues To Hold Upside At Croinor Gold Project

Apr. 26, 2011 11:56AM PST

Critical Elements Corporation (CVE:CRE) and Blue Note Mining Inc. (CVE:BNT) report results from the diamond drill program at Croinor gold project, Val d’Or, Quebec.

Critical Elements Corporation (TSXV:CRE) and Blue Note Mining Inc. (TSXV:BNT) report results from the diamond drill program at Croinor gold project, Val d’Or, Quebec.

The press release is quoted as saying:

Assay results from holes drilled on the eastern extension of the resource block included in the July 2010 43-101 compliant prefeasibility study clearly establish the continuity of the mineralized zones and demonstrate excellent potential to add resources and reserves to the east of the current resource. Core sample analyses of significant mineralized zones are shown in Table 1.

Click here to access the entire news release.

Click here to access Critical Elements’ company profile.

critical elementsprefeasibility studytsxv:cre
The Conversation (2)
Robert Nation
Robert Nation
28 Sep, 2013
This article begins with the false premise that the US might have some difficulty in meeting future uranium demand. The DOE has so much excess inventory now that it must hold material off the market in order to avoid driving prices lower than they already are, to say nothing of the inventory elsewhere, such as Japan, which they no longer need based on shutting down reactors (I am talking about just what they have saved since March, 2011, even if they re-start everything tomorrow). We have heard the miner's tale of a turnaround in U3O8 for years. In actuality, we have already seen the bull market in this metal and we are now in for a long cycle of bust. Your grandchildren will be talking about the next bull market, or they will be talking like, "Remember when people actually thought nuclear power could be safely used in power plants??"
Robert Nation
Robert Nation
28 Sep, 2013
This article begins with the false premise that the US might have some difficulty in meeting future uranium demand. The DOE has so much excess inventory now that it must hold material off the market in order to avoid driving prices lower than they already are, to say nothing of the inventory elsewhere, such as Japan, which they no longer need based on shutting down reactors (I am talking about just what they have saved since March, 2011, even if they re-start everything tomorrow). We have heard the miner's tale of a turnaround in U3O8 for years. In actuality, we have already seen the bull market in this metal and we are now in for a long cycle of bust. Your grandchildren will be talking about the next bull market, or they will be talking like, "Remember when people actually thought nuclear power could be safely used in power plants??"

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