nuc newsNova Uranium Corporation: Update on Nova B Zone Drilling & Exploration Plans
4/13/2006
VANCOUVER, BRITISH COLUMBIA, Apr 13, 2006 (CCNMatthews via COMTEX News Network) --
Nova Uranium (TSX VENTURE:NUC) is pleased to update the ongoing Phase One Nova Showing drill program at its Mont Laurier Uranium Property. The Phase One drill program is currently testing limited portions of the Nova "A" and "B" Zones with a planned 30 vertical, large diameter HQ drill holes. To date, a total of 992 metres of core have been drilled in nine holes on the Nova "B" Zone. An additional three holes are planned for the "B" Zone, followed immediately by initial drill testing of the Nova "A" Zone with 18 holes. Core sampling of the first nine holes has been slower than anticipated because of a combination of logistical, technical and personnel issues. Nova has recently doubled both the size of its field geological staff and its core cutting capacity in order to provide a more rapid pace of results. To date only samples from the first hole have been logged, cut and submitted to the laboratory for analyses. Nova has not received any analytical results from this first hole.
Nova is also pleased to announce that it has completed a detailed compilation of its extensive Mont Laurier Uranium Property's large historical data set. Nova plans to commence its summer field season program before the end of May. The program will focus on follow up of the additional known 20 surface uranium showings on the property and investigation of airborne radiometric and ground geochemical anomalies with a goal of preparing additional high priority targets for drill testing by late summer.
Priority targets selected include the following: Tom Dick North and South, JRB-4 Group, Rabbit, No.1 and No.1 Extension, No.2, H-5 Zone, and the Seneca Group. Nova anticipates identifying additional priority targets as the field season progresses.
Tom Dick North and South
The Tom Dick showings are located about seven kilometres southwest of the Nova Showing and are underlain by two discreet airborne radiometric equivalent uranium highs. These highs cover an area of about 500m x 200m and 600m x 250m for the North and South Zones respectively. Historical surface sampling in the Tom Dick area reports uranium oxide values averaging about 1 to 3 pounds U3O8 per ton (0.05% to 0.15%), with local high grade highs up to 19 pounds U3O8 per ton (0.95%). Historical drilling at the Tom Dick includes some 105 narrow diameter drill holes; 22 on the North Zone and 83 on the South Zone. No analytical data is available for the South Zone drilling, but five surface bulk samples collected averaged 1.43 pounds U3O8 per ton (0.07%). Some select highlights of the North Zone drilling include 11.9m of 0.72 pounds U3O8 per ton (0.04%), 14.3m of 0.87 pounds U3O8 per ton (0.04%) and 2.0m of 0.93 pounds U3O8 per ton (0.05%).
JRB-4 Group
The JRB-4 Group is roughly ten kilometres northeast of the Nova Showing and is comprised of six established showings, two of which are considered high priority. These include the 'New' and 'Lac Lafargue' showings. The JRB-4 Group of showings is underlain by a number of discreet and semi-continuous airborne radiometric equivalent uranium highs, covering a rough area of 1 x 3 kilometres. None of the showings reports any historical drilling. Historical surface sampling of a bulldozed trench at the New Showing reports uranium oxide values ranging 0.68 to 5.8 pounds U3O8 per ton (0.03 to 0.29%), averaging 3.78 pounds U3O8 per ton (0.19%). Samples were collected from a westerly trending white pegmatite body with an exposed width of 15 to 35 metres and an exposed strike length of about 300 metres. The Lac Lafargue showing is unique among other property showings, since uranium mineralization may be located in sediment hosted skarns. Three surface rock samples collected from small rock exposures in the Lac Lafargue area contain unusually high grade uranium oxide values of 14.56, 16.44 and 22.78 pounds U3O8 per ton (0.73, 0.82 and 1.14%).
Rabbit
The newly discovered Rabbit Showing is about 2.4 kilometres northwest of the Nova Showing and is outside the limits of Nova's detailed airborne radiometric survey completed last year. Nova discovered the showing during its November 2005 exploration program. Nine grab/channel samples were collected from a shallow west dipping radioactive biotite paragneiss and two high values of 2.51 and 1.21 pounds U3O8 per ton (0.13 and 0.06%) were obtained together with seven other results below 0.5 pounds U3O8 per ton (0.03%).
No.1 and No.1 Extension, No.2, H-5 Zone (Mekoos Group)
On the western side of the Mekoos Group, only two kilometres southwest of the Nova Showing, are four high priority showings; the No.1 and No.1 Extension, No.2 and H-52 zones. The area is underlain by a broad airborne radiometric equivalent uranium high, covering an estimated area of one square kilometre. More than 200 RC and/or diamond drill holes have been drilled in these zones. Many of supporting drill logs available report wide zones of radioactivity. No analytical data is available for these drill holes.
Seneca Group
The Seneca Group of showings are about 13.5 kilometres south of the Nova Showing, they are part of a series of northeast trending airborne radiometric equivalent uranium highs, covering an estimated area of 250m x 1,200m. Reports indicate that the dominant radioactive lithology is a shallow west dipping northeast trending white pegmatite. Eight rock samples collected in 1978 from a bulldozed trench on the "A" Zone averaged 2.82 pounds U3O8 per ton (0.14%). Historical drilling at the Seneca Group includes 31 narrow diameter drill holes; 28 on the "A" Zone and 3 on the "B" Zone. Some select drilling highlights include 2.13m of 0.95 pounds U3O8 per ton (0.05%) and 9.6m of 1.17 pounds U3O8 per ton (0.06%).
Mr. Michael Moore, PGeo is the qualified person who has reviewed the technical information contained in this news release on behalf of the Company.
Nova's primary target is a straightforward and safely mineable open pit bulk tonnage uranium deposit with good access and infrastructure in the mining friendly regulatory environment of south central Quebec, Canada.
ON BEHALF OF THE BOARD
Donald G. Moore, CEO, President and Director
No stock exchange has approved or disapproved the information contained