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Nova Cannabis Inc Com V.ALZ.RT


Primary Symbol: YSSCF

YSS Corp is a retailer and trusted destination for adult-use cannabis in Canada, focused on driving near-term growth while building long-term shareholder value. The company has built a strategic portfolio of Licensed Retail Stores across Alberta and in Saskatchewan and intends to expand into Ontario as well as other Canadian markets. Management is focused on strategic opportunities within the cannabis sector to drive shareholder value and its retail experience is built on five fundamental pillar


GREY:YSSCF - Post by User

Bullboard Posts
Post by westaussieon Jul 23, 2007 8:47pm
235 Views
Post# 13137419

Report by Cullen - Turee Creek

Report by Cullen - Turee CreekFollowing is a stock exchange release by Cullen, it mentions ALZ's Turee creek deposit. SIGNIFICANT RADIOMETRIC ANOMALIES FROM THUNDELARRA-CULLEN JV PROJECT, ASHBURTON REGION WA Further to the recent release by Thundelarra Exploration Ltd (Thundelarra) on 17/7/07 concerning the preliminary results of a detailed radiometric survey of their Kunderong Project Area, Cullen Resources Limited (Cullen) wishes to provide further detail of the high prospectivity of the Cullen - Thundelarra Tunnel Creek JV area which is a part of the Kunderong Project. Under the terms of the farm - in, Thundelarra can earn a 70% equity in Cullen’s three tenement s at Tunnel Creek (ELA’s 52/1890 - 1892) by expenditure of $1.5M within five years, after which Cullen can contribute or convert to a 20% Free Carried Interest to completion of a Bankable Feasibility Study. The radiometric survey was flown by Thundelarra as JV Manager in March 2007 to identify target areas for unconformity and structurally-controlled uranium mineralization of the Ranger and Jabiluka type. The preliminary results from this survey are very encouraging and a number of trends of uranium channel anomalies have been identified within the Cullen- Thundelarra JV ground (see Figure). The radiometric survey has clearly outlined the position of the local Turee Creek uranium deposit (1.05Mt @ 0.035% U3O8 - Aldershot Resources Ltd), and identified a number of uranium channel anomalies which appear to be related to geological contacts and interpreted faults. (The red and yellow shades of the image reflect zones of higher uranium channel radiometric response in the survey data and some of these features are associated with known uranium mineralization – as in the excised area of Cullen’s ELA 52/1891.) Thundelarra has indicated that the radiometric survey data are presently being further assessed by a consultant geophysicist and that Thundelarra now plans to undertake a “Tempest” airborne electromagnetic survey in August 2007 over the majority of the JV project area.
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