This drilling focused on two areas of the property, which includes the Costebelle A4 and CC11 zones, part of the company’s 100% owned North Shore Project in Quebec.
The CC11 zone represents a new discovery for 2010, emphasizing the potential for the North Shore Property to host additional significant uranium mineralization.
The assay results include 11.5m of 0.053% U3O8 (532ppm or 1.06 lbs/t) in CC11-10-04, 12.8m of 0.037% U3O8 (371ppm or 0.74 lbs/t) in CA4-10-25, and 15.25m of 0.024% U3O8 (236ppm or 0.48 lbs/t) in CA4-10-21.
The 16 hole, 2,075m fall drill program was designed to follow up exploration targets outlined during the winter 2010 drill program at the A4 zone, as well as drilling targeted surface sampling results from the 2010 work program.
The CC11 zone drilling represents a new discovery in the Costebelle claim area and is located approximately 3km east of the A4 zone.
Mineralization at the CC11 zone is hosted by a mineralized pegmatite ranging up to 14.65m drilled length.
Mineralization in drilling and surface channel sampling has been defined over an 800m strike length within a 1200m airborne radiometric anomaly.
Drilling has also confirmed that uranium mineralization at the Costebelle A4 Zone continues down dip from the surface channel samples and previous drill holes.
Uranium mineralization at the Costebelle A4 zone occurs as broad multiple stacked mineralized zones hosted by pegmatite dykes and sills with drilled thicknesses ranging up to 41m as noted in winter and fall 2010 drilling.
A total of 414m in four diamond drill holes was completed during October and November 2010 at the CC11 zone.
The drilling encountered significant uranium mineralization in all drill results received to date. Additional assays are pending for the two remaining drill holes.
