U3O8 Corp. cuts 17 metres at 0.116% U3O8 at Aricheng South

U3O8 Corp. reports significant intercepts of uranium mineralization from the final 20 holes in Aricheng South fault, Roraima Basin, Guyana.

These assay results are part of a 56-hole, 10,731 metre Phase III infill drill program designed to provide detail on the distribution of uranium grade at Aricheng South. U3O8 Corp. has now completed the planned drill program for the Aricheng South structure, which totalled 13,558 metres in 77 bore holes.

Dr. Richard Spencer, U3O8 Corp’s President and CEO says:

“With the completion of the planned drill program at Aricheng South, U3O8 Corp. now advances to a resource estimate on this first of multiple basement-hosted uranium-bearing structures identified in the Kurupung Batholith.”  “All assay and geological data for Aricheng South will be delivered to an independent consulting company for resource estimation, targeted for completion in the fourth quarter of 2008.”

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