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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

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Post by JonEcashon Mar 26, 2008 3:17pm
362 Views
Post# 14839617

Drilling.

Drilling.Wednesday, March 26, 2008 Santoy Commences Drilling at Burbidge Lake Uranium Project, SK -------------------------------------------------------------------------------- News Release: 08-04 Santoy Resources Ltd. (TSX.V: SAN) is pleased to announce commencement of 4 hole diamond drilling program on its 100% owned Burbidge Lake Uranium Project, located in Wollaston Lake fold belt rocks, approximately 60 km southeast of the Key Lake Mine in northern Saskatchewan. The property covers the historic BURR occurrence, discovered and explored in the early 1950's. The showing is hosted by a sheared and faulted calc-silicate horizon in meta-arkosic rocks of the Wollaston Domain. This is a similar geologic setting to mineralization being explored in the belt by JNR Resources and others. The historic Rabbit Lake mine was hosted in similar Aphebian-age rocks. The objective of the drill program will be to confirm historical reported uranium intersections and to potentially extend the strike and depth extent of the mineralization. It will also be important to determine the age of the uranium mineralization to ascertain whether it might represent an Aphebian-age occurrence (such as Rabbit Lake) or whether the mineralization is younger (with affinities to unconformity-type hosted deposits). The qualified person, as defined by National Instrument 43-101, responsible for review of technical information in this news release is J. R. Allan, P. Geol. About Santoy Resources Santoy Resources Ltd. is a mining exploration company focused primarily on the energy sector. Emphasis is being placed on uranium projects in the Athabasca Basin of Saskatchewan, in Wollaston Domain rocks in northern Manitoba, on the advanced Blizzard uranium deposit in south-central British Columbia, in the Otish Mountains of Quebec, and in the Central Mineral Belt of Labrador. A description of our properties, including maps and photographs, can be viewed on the Company's website at www.santoy.ca. On Behalf of the Board of Directors SANTOY RESOURCES LTD. "Ron Netolitzky" R. K. Netolitzky, President & CEO Cautionary Statement on Forward-Looking Information The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. For further information contact: Ron Netolitzky, President or Tony Perri - Investor Relations, Manager Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2 Tel: (604) 669-4799 Fax: (604) 669-2543 Website: www.santoy.ca
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