Uracan’s Winter 2011 Exploration Outlined Significant Uranium Mineralization

Uracan Resources (OTC Other: URCFF; TSX-V: URC) focused its 2011 winter drill program on two areas of its 100% owned North Shore property in Quebec, the Costebelle A4 and the CC11 zones.  The 18 hole, 3,156 meter drill program was designed to expand upon the previous year’s success, highlights of which include:

  • 10.5 meters of 0.048% U3O8 (483 ppm or 0.96 lbs/t) and 43.5 meters of 0.019% U3O8 (193 ppm or 0.38 lbs/t) in CA4-11-42;
  • 17.6 meters of 0.025% U3O8 (252 ppm or 0.5 lbs/t) in CA4-11-38, 15 meters of 0.034% U3O8 (337 ppm or 0.68 lbs/t) in CA4-11-46; and
  • 12.5 meters of 0.032% U3O8 (322 ppm or 0.64 lbs/t) in CC11-11-05.

The area with drill results received to date occurs along an approximately 600 meter length within an overall anomaly with a potential strike length of approximately 1,500 meters.  Mineralization is open along strike, with significant portions of the radiometric anomaly remaining to be tested by drilling.  Mineralization has been extended to approximately 200 meters down dip from the surface outcrop mineralization and remains open in most areas of the A4 zone.

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