Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX-V
Sector: General Mining
Epic: XE
News: Latest news
Web Site: Xemplar Energy Co
Other Articles: 18-01-201015-01-201018-09-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 09:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
Xemplar Energy Co

Xemplar Energy Co

Xemplar Energy Corporation is a Canadian-based company focused on uranium exploration. Xemplar Energy seeks to identify, acquire and develop uranium projects worldwide that show promise of potentially economic grades and tonnages in a timely, responsible, and cost effective manner. The Company has assembled a team of geologists and directors with extensive experience in uranium exploration, raising exploration capital and building shareholder value through new acquisitions and exploration success.
CLICK HERE FOR FULL ANLAYSIS OF XEMPLAR ENERGY CO
Wednesday, May 06, 2009

Xemplar reports further good results from Aluriesfontein uranium deposit in Namibia

company news image

Xemplar Energy Corp (TSX-V: XE) is encouraged by assay results from 17 more holes in the current drill program at Aluriesfontein on the Warmbad uranium project in Namibia, saying 2008 has been a real success for the company.

The latest results received from holes drilled in 2008 include a 5 meter intersection of 224.5 parts per million triuranium octoxide, of which 1 meter showed 551 ppm.

It also intersected 6 meters at 169.3 ppm U3O8, including 1 meter at 432.4 ppm, and 24 meters at 143.4 ppm, including 1 meter of 378.8 ppm and another meter at 339.8 ppm U308.

Chief executive Simon Tam said “Though not all chemical assay results from our 2008 drill program have been received, from an operational perspective, 2008 has been a real success for Xemplar.  The results of our drill program have demonstrated continuity of uranium mineralization within eight zones.  With the advancements in geological knowledge made by our geologists, the priority targets that have been drilled and are being drilled are finding uranium mineralization over greater widths.

“The success that we have achieved with our 2008 drill program at Warmbad provides us with the optimism for further success with our 2009 drill program (which began in January).”  

Drilling continues at Warmbad, currently at Aluriesfontein and Big Yellow, and planning is underway to begin drilling at the Girtis target.   

President William Harley added: “Our priorities for 2009 remain focused on defining new uranium zones at Warmbad, extending the size of the eight mineralized zones, and working to develop a resource at one or more of the eight zones that have been discovered.  With CDN$14.5 million cash on hand and a current annualized burn rate of CDN$7.0 million, we are extremely well positioned to carry out our planned activities.”

AddThis Feed Button
Register here to be notified of future Xemplar Energy Co articles.

Other Xemplar Energy Co articles


Other Xemplar Energy Co news

More news ►

Investors interested in Xemplar Energy Co recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.