Abbastar Uranium
Abbastar Uranium Corp is exploring for near surface, low grade, large tonnage uranium deposits in Canada. On February 13, 2007 Abbastar entered into an option agreement with Entourage Mining Ltd. to acquire up to 70% of Entourage’s interest in the Doran property situated in Costebelle Township, on the north shore of the Gulf of St. Lawrence in south-eastern Quebec. A provincial highway and hydroelectric lines run through the property providing excellent project economics.
Abbastar Uranium intersects significant uranium
Abbastar Uranium (TSX-V: ABA) announced that it had received the results of the Company’s Fall 2007 diamond drilling program at the Doran Main Showing on the North Shore of the Gulf of St. Lawrence in Quebec, Canada.
The 15 hole, 1691 meter drill program was designed to test the area between the North End Zone and the Hot Spot Zone, the lateral extent of the Hot Spot Zone and to determine the South extension and thickness of the Hill Top pegmatite, all of which are part of the Doran Showing, Abbastar said. The highlight from the drilling campaign was 10.11 meters from near surface grading 0.60lbs per tonne U308.
The Doran Showing is located on the southern portion of the Doran Property where a 2006 16 hole 1196 meter diamond drilling program confirmed the existence of uranium mineralization.
Five new uraniferous pegmatite zones have been discovered during the recent drill program. The combined 31 drill holes cover an area of approximately 275 meters long and 200 meters wide.
“The Doran Property was acquired with the objective of delineating a Rössing-type, low-grade/large-tonnage uranium deposit amenable to low-cost, surface mining methods. Once again, the Company has confirmed uranium mineralization in all drill holes as we work toward this objective. In addition, we have found higher grade uranium mineralization to the north of the north extension in an area that is open in all directions.” commented Abbastar President, Gary Schroeder.
Other Abbastar Uranium articles
-
15/04/08 Abbastar Uranium : Exploring for near-surface, bulk-tonnage low-cost uranium
-
14/10/07 Entourage Mining and Abbastar Uranium: Exploring For Near Surface Rossing Type Bulk Tonnage Uranium Deposit
Other Abbastar Uranium news
-
18/04/08 Brian Thurston joins board of Abbastar Uranium
-
12/02/08 Abbastar Uranium commissions report
Investors interested in Abbastar Uranium recently viewed
-
Avalon Ventures (TSX: TSX: AVL)
-
Columbia Yukon Explorations (TSX: TSX-CYU)
-
Commerce Resources (TSX: CCE)
-
El Niño Ventures (TSX: ELN)
-
Fission Energy (TSX: TSX-FIS)
-
Forum Uranium (TSX: FDC)
-
Kootenay Gold Inc (TSX-V: KTN)
-
Moly Mines (TSX, ASX: MOL)
-
North American Tungsten (TSX-V: TSX-V:NTC)
-
Pencari Mining (TSX: TSX-PMC)
-
Rambler Metals & Mining (AIM, TSX-V: RMM, RAB)
-
Ringbolt Ventures (TSX-V: RBV)
-
Rocky Mountain Resources (TSX-V: RKY)
-
Strathmore Minerals (TSX: TSX-STM)
-
Western Potash Corp (TSX-V: WPX)
-
Xemplar Energy Co (TSX-V: EX)