Drilling will consist of 30 holes totaling approximately 3,600m and will test the western extension of the main deposit.
This current round of drilling is a continuation of the exploration started by Cue in July of 2007.
Since that time, the company has drilled approximately 28,000m, in 223 holes, resulting in an NI 43-101 compliant resource including an Indicated Resource of 9.0 million tonnes @ 0.042% eU3O8 containing 8.3 million lbs eU3O8 and an Inferred Resource of 1.1 million tonnes @ 0.050% eU3O8 containing 1.2 million lbs eU3O8.
The company is targeting shallow, roll front related, uranium in sedimentary rocks. The basal sandstone unit (San Miguel Formation) is a favorable host for uranium mineralization.
Cue Resources president and CEO Robert Tyson said that this phase of drilling could determine the boundaries of the western extension of the main deposit and further define the parameters of the deposit.
"From this data, we will determine the next phase of drilling to follow," Tyson said.
