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Vanadian Energy Corp V.VEC.H

Alternate Symbol(s):  URCFF

Vanadian Energy Corp. is a Canada-based exploration company focused on exploring for vanadium deposits in Manitoba. The Company has the right to earn up to 100% interest in the Huzyk Creek Vanadium Property (the Property) in north-central Manitoba. The Property is located approximately 75 kilometers southeast of the town of Snow Lake, Manitoba, and consists of a Mineral Exploration License covering approximately 216 square kilometers. This area has seen significant exploration for base metal mineralization as it lies within the projected extension of both the Flin Flon/Snow Lake belt and the Thompson Nickel Belt.


TSXV:VEC.H - Post by User

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Post by brvalentineon Sep 29, 2009 9:44am
243 Views
Post# 16346498

Can Someone

Can Someonewith a geology background please comment:

TSX-V: URC

VANCOUVER, Sept. 29 /CNW/ - Uracan Resources Ltd. (the "Company") is pleased to report on assay results from the expanded GR-3 channel in the Grandroy (GR) zone at its 100% owned North Shore Project in Quebec. These assay results confirm the increased size of the mineralized section within the historic trenching observed at Grandroy, approximately 6 km northeast of the Double S zone.

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Chart for URACAN RESOURCES LTD (Tier2)
{"s" : "urc.v","k" : "c10,l10,p20,t10","o" : "","j" : ""}

As previously reported on August 26th, 2009, initial channel results in the GR-3 channel were 0.192% (3.84 lbs/ton) U3O8 over 4 meters. By extending the overall channel length the extent of mineralization in the trench was increased to 20 meters grading 0.174% (3.48 lbs/ton) U3O8. True width of the zone is unknown, however mapping in the field indicates the trench was dug oblique to the zone and the true width of sampled area is believed to be less than seen in the trenches. Historic trenching and recent drilling cover an area of 180 by 100 meters. The zone appears to be open to the southwest.

Results from the follow up drill program at Grandroy and Turgeon Est are still pending and will be released once they have been received.

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