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Uranium North Drills Three Uranium Rich Zones at Hawk and Extends
Mineralization to Depth
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Vancouver, November 26, 2008 --Uranium North Resources Corp (UNR --
TSX-V) announces results from the summer drill program on the Hawk
prospect of the South Baker project in Nunavut. Drilling intersected
three uranium mineralized zones in two drill holes, confirming the
presence of significant shallow U3O8 mineralization and providing key
information on the orientation of a sizeable mineralized zone. Prior to
Uranium North drilling at Hawk, uranium mineralization had not been
intersected below 60 metres. These results extend mineralization to a
depth of 144 metres and significantly expand the overall dimensions of
the mineralized zone.
Vertical drill hole HL-01-08 intersected an upper five metre zone
grading 0.05 % U3O8, a middle zone of 16.8 metres grading 0.07% U3O8
and a lower 14.3 metre zone grading 0.16% U3O8, including six metres of
0.31% U3O8 (see table below).
A second vertical drill hole, HL-02-08, which was collared 30 metres to
the south intersected three similar zones: an upper four metre zone
grading 0.05% U3O8, a middle three metre zone grading 0.08% U3O8, and a
lower 12.5 metre zone grading 0.15% U3O8. The lower zone includes a two
metre zone grading 0.31% U3O8 and an additional two metres with 0.29%
U3O8 (see Table Below).
Drill hole From (m) To (m) Interval (m) % U3O8
HL-01-08 2.7 7.7 5.0 0.05
HL-01-08 10.5 27.3 16.8 0.07
Including 11.7 16.7 5.0 0.14
HL-01-08 40.7 55.0 14.3 0.16
Including 42.7 48.7 6.0 0.31
HL-02-08 89.5 93.5 4.0 0.05
HL-02-08 104.5 107.5 3.0 0.08
HL-02-08 131.5 144.0 12.5 0.15
Including 133.5 135.5 2.0 0.29
Including 141.0 143.0 2.0 0.31
All intersections reported are down-hole, core-length intervals. The
true thickness of mineralized zones is yet to be determined.
A third drill hole, HL-03-08, drilled 90 metres to the east at -65� to
the west did not intersect significant U3O8 mineralization. Drilling
suggests that the mineralized zone is steeply dipping.
"This program was designed to test very precise parameters. Determining
that uranium mineralization extends to depth and is open to the south,
confirms Hawk as a target with potential for significant pounds" says
Mark Kolebaba, President of Uranium North.
Hawk mineralization occurs in fractured and brecciated volcanic rocks
of the Christopher Island Formation and is commonly associated with
chlorite, hematite and carbonate alteration. Drilling intersected rocks
of this formation to 200 metres depth without intersecting basement
rocks. Based on regional work, basement rocks represent another target
for uranium on the property.
Plans for Hawk include modeling of historic and 2008 drill holes to
better understand the orientation of the mineralization. Drilling is
planned for 2009 on the Hawk target and will be designed to test along
strike and down dip extension of the known mineralization.
Hawk is one of 12 known prospects identified on the South Baker
Property. The Company's exploration concept for South Baker is based on
developing tonnage from several closely spaced deposits as at Kiggavik.
The Kiggavik deposits have been reported by Areva to comprise 148
million pounds from six different deposits.
Allan Armitage, Ph.D., P.Geol., Vice President - Exploration of Uranium
North, is a Qualified Person as defined by National Instrument 43-101,
and is responsible for quality control of exploration undertaken by the
Company and has reviewed and approved the technical information in this
release.
On behalf of Uranium North Resources
Mark Kolebaba President and CEO
Uranium North Resource Corp
Corporate Communication- Heather Kays
Tel: 604-484 - 7120
Fax: 604- 484-7143
Website: www.uraniumnorth.com
Email: info@uraniumnorth.com
Forward-Looking Information
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling,
activities and events or developments that Uranium North Resources Corp
(the "Company") expects to occur, are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results
or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward looking statements include market
prices, exploration successes, and continued availability of capital
and financing and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ
materially from those projected in the forward-looking statements. The
Company does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events or otherwise
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Copyright (c) 2008 URANIUM NORTH RESOURCES CORP,. (UNR) All rights
reserved. For more information visit our website at
http://www.uraniumnorthresources.com/ or send
mailto:info@uraniumnorthresources.com
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