TSXV:VEC.H - Post by User
Post by
jc257on Oct 25, 2010 9:19am
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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.