Kirrin Resources Inc KIRRF

Kirrin Resources annonces lost pond drill results

[@venture]

Commenting on the results, Kirrin CEO and President Derek Moran said,
"These drill results have not met the objectives set for uranium
exploration at Lost Pond. Kirrin has a full portfolio of projects and
it is unlikely that Lost Pond will compete successfully for future
capital. We shall take a write-down of $431,000 in Q4 2010 to reflect
the recent results."

Probably won't help the share price...