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Re: News Release - Thursday, April 21, 2011
Uranium North acquires data to rapidly advance the Nowyak Gold /
Silver Project
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Vancouver, BC, April 21, 2011 - Uranium North Resource Corp. (TSX-V:
UNR) announces that it has signed an agreement with North Arrow
Minerals Inc. to acquire exploration data for the Nowyak gold / silver
property in Nunavut. The data includes geophysical, geological and
sample assay data for the property. The purchase price for the data is
$15,000 cash and 75,000 common shares.
Uranium North owns the Nowyak property 100%. The data was originally
collected in the late 1990's and early 2000's. The important components
of these data include prospecting results east of the main showings
that locate a broad zone of gold values yet to be followed up and
digital data from an Induced Polarization survey that may assist in
defining drill targets.
Upon detailed review and analysis of this dataset Uranium North will
release any material information that is identified. This agreement is
subject to approval of the TXS-Venture Exchange.
Uranium North is exploring five gold properties of which two are
candidates for drilling. In addition, the company is planning an
aggressive resource expansion program on its 100% owned Amer Lake
uranium property.
For further information please contact:
Uranium North Resource Corp
Heather Kays
Manager of Corporate Communications
Tel: 604-719-3430
Fax: 604-484-7143
Email: info@uraniumnorth.com
Web site: www.uraniumnorth.com
CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. No stock exchange, securities commission or
other regulatory authority has approved or disapproved the information
contained herein. This News Release includes certain "forward-looking
statements". All statements other than statements of historical fact,
included in this release, including, without limitation, statements
regarding potential mineralization and reserves, exploration results,
future plans and objectives of Uranium North Resource Corp., are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
Uranium North Resource Corp.'s expectations are the risks detailed
herein and from time to time in the filings made by Uranium North
Resource Corp. with securities regulators.
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Copyright (c) 2011 URANIUM NORTH RESOURCES CORP,. (UNR) All rights
reserved. For more information visit our website at
http://www.uraniumnorth.com/ or send mailto:info@uraniumnorth.com
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Uranium North Resources
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EXPLORATION STAGE |
CODE : UNR.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Uranium North Res. is a uranium exploration company based in Canada. Uranium North Res. holds various exploration projects in Canada. Its main exploration properties are MALLERY LAKE, AMER LAKE, THELON PROJECT (SOUTH BAKER), HEPBURN and AURA GOLD PROPERTY in Canada. Uranium North Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.7 millions, € 1.2 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.78, and its lowest recent point on February 15, 2013 at CA$ 0.02. Uranium North Res. has 85 555 000 shares outstanding. |