Strateco Resources reports ambitious drilling program on Matoush

Strateco Resources reports an update on its 2009 drilling program and its 2010 and 2011 drilling objectives for the Matoush project, located 275 km north of Chibougamau in Quebec’s Otish Mountains.

Since September 2009 and for the next two years, 2010 and 2011, Strateco plans to concentrate the bulk of its exploration efforts to the Matoush structure, and more precisely to the ACF-4, which starts at a vertical depth of about 400 metres and extends to a vertical depth of about 850 metres. It was in the ACF-4 that Strateco discovered the MT-22 and MT-34 zones in 2008. The ACF-3, which hosts the AM-15 zone and lies between a vertical depth of 200 and 250 metres, is not expected to be tested by the upcoming drilling program. Even though, the ACF-3 still holds potential to find lenses similar to the AM-15, which holds indicated resources of 4.03 million pounds U3O8.

For complete details of this press release, click this link.

To view Strateco’s company profile, click here.