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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 jc257on Oct 25, 2010 9:19am
314 Views
Post# 17606339

Drill begins

Drill beginsnews out!
URACAN BEGINS FALL DRILLING CAMPAIGN ON ITS 100% OWNED COSTEBELLE CLAIMS



Uracan Resources Ltd. (the "Company") announces that, further to its news release dated September 29, 2010, it has commenced a 2,000 metre helicopter supported diamond drill program on the Costebelle claim group located on its 100% owned North Shore Property in Quebec.
This drill program is designed to follow-up results from the winter 2010 drill program as well as the summer 2010 mapping and channel sampling work.
Surface results from some of the drill targeted areas were included in the September 29(th), 2010 news release. These included 9 metres of 0.046% (464 ppm or 0.93 lbs/t) U3O8 (C-C-11 Zone) and 8 metres grading 0.038% (379 ppm or 0.76 lbs/t) U3O8 (A4-4 Zone) in saw channel samples.
The mineralized zones at Costebelle are generally open in all directions as channel sampling was limited to areas of existing outcrop exposure, with shallow overburden cover overlaying large areas of the targeted airborne anomalies.

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