Target drills 0.043% eU3O8 over 28 feet on Bootheel uranium

- September 9th, 2008

Target Exploration & Mining reports further results from the ongoing drill program on Bootheel Property,  Wyoming. The above holes were drilled in two separate areas of the Bootheel Property. The first three holes above are located in the northwest portion of the property and all eight holes recently drilled in this area intersected significant uranium mineralization … Continued

Target Exploration & Mining reports further results from the ongoing drill program on Bootheel Property,  Wyoming.

The above holes were drilled in two separate areas of the Bootheel Property. The first three holes above are located in the northwest portion of the property and all eight holes recently drilled in this area intersected significant uranium mineralization in the lowermost sandstone host. Along with previously released holes 36-3031 (0.030% eU3O8(1) over 11.0 feet), and 36-3029, drilling extended the mineralized roll front trend between two historic resource zones for over 1,000 feet.

President of the Target Exploration & Mining, Stewart Wallis states:

“We anticipate the current program will be completed at the end of September with sufficient data to prepare an updated 43-101 Technical Report with a compliant resource statement.”

For full details of this press release, click this link. To view Target’s company profile, click here. Follow developments in uranium mining and exploration for free. Sign on to the Uranium Investing Newsletter.

 

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