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Cours Or & Argent

Virginia Energy Resources Inc.

Publié le 25 septembre 2007

and Mega Commence Drilling at Mustang Lake, CMB, Labrador

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 Tuesday, September 25, 2007
Santoy and Mega Commence Drilling at Mustang Lake, CMB, Labrador

  News Release: 07-23

Santoy Resources Ltd. (TSX.V:SAN) is pleased to announce the start of its Phase 3 drilling program on the Mustang Lake property in the Central Mineral Belt of Labrador. Work on the property is part of a 50:50 joint venture with Mega Uranium Ltd (TSX: MGA). Mega is the operator.

A minimum of 2,000 m of drilling (nominally 10 holes) is planned to test for extensions of the mineralized zone intersected in hole SP-06-10, which yielded 9.11 metres grading 0.12% U3O8 which is similar to the average grade at Aurora Energy's Michelin deposit, 8 km to the south west.

Following the previous phase of drilling, geological mapping identified northeast-trending structures (shear zones) containing shallowly southwest-plunging lineations in the vicinity of known uranium mineralization. This led to an interpretation that the mineralization in SP-06-10 is hosted by a significant structure and likely plunges to the southwest, as does mineralization at the Michelin deposit.

Drilling is being conducted in accordance with strict "best practices" guidelines and with the Mineral Exploration Standards implemented by the Nunatsiavut government. Comprehensive procedures are in place to ensure that no contamination of the environment occurs, and strict protocols have been established to maintain the health and safety of all program participants.

Bruce River

A program of water sampling from small streams, ponds and seepage zones on the Bruce River property has also been completed ( 50:50 Santoy JV).

The Qualified Person, as defined by National Instrument 43-101, responsible for review of this news release is Rupert Allan, P. Geol.

About Santoy Resources

Santoy Resources Ltd. is a mining exploration company focused primarily on the energy sector. Emphasis is being placed on uranium projects in the Athabasca Basin of Saskatchewan, in Wollaston Domain rocks in northern Manitoba, in south-central British Columbia, in the Otish Mountains of Quebec, and in the Central Mineral Belt of Labrador. A description of our properties, including maps and photographs, can be viewed on the Company's website at www.santoy.ca.

On Behalf of the Board of Directors
SANTOY RESOURCES LTD.
"Ron Netolitzky"
Ron Netolitzky, President

Cautionary Statement on Forward-Looking Information
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.


For further information contact:
Ron Netolitzky or Tony Perri - Investor Relations, Manager
Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2
Tel: (604) 669-4799 Fax: (604) 669-2543 Website: www.santoy.ca
 
 

 

Virginia Energy Resources Inc.

EN DÉVELOPPEMENT
CODE : VAE.V
ISIN : CA9278051011
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Virginia Energy est une société d’exploration minière d'or et de cobalt basée au Canada.

Virginia Energy est en développement de projets d'or, de cobalt et d'uranium en USA, et détient divers projets d'exploration au Canada.

Son principal projet en développement est COLES HILL PROPERTY en USA et ses principaux projets en exploration sont ALIMAK/DECADE, RKN/GOLDEN HEART AREA, KASMERE LAKE, HAZEMPA LAKE, FIR ISLAND, PATTYSON LAKE, DOWLER LAKE, KARPINKA LAKE, THE BOW RIVER, ATHABASCA WESCAN SANTOY JV, OTISH, HAWK RIDGE, BLIZZARD, HATCHET LAKE, MUSTANG LAKE et BINGO au Canada.

Virginia Energy est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 8,0 millions CA$ (7,2 millions US$, 5,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 23 février 2007 à 8,00 CA$, et son plus bas niveau récent le 17 avril 2009 à 0,07 CA$.

Virginia Energy possède 57 230 614 actions en circulation.

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Rapports annuels de Virginia Energy Resources Inc.
2008 Annual report
2007 Annual Report
Financements de Virginia Energy Resources Inc.
28/01/2013Completes Expanded Financing
25/01/2013Expands Financing
18/07/2009Closes First Tranche of Private Placement Financing
17/07/2009Amends Private Placement Financing Terms
18/12/2007 Oversubscribes Private Placement Financing
30/11/2007 Proposes $5 Million Private Placement
16/10/2007Acquires 1,000,000 Shares of Boss Power Corp. and Closes $1,...
27/08/2007Adjusts Previously Announced $1.0 Million Private Placement
11/08/2007 Announces $1.0 Million Private Placement
01/03/2007Increases Proposed Private Placement Financing
Attributions d'options de Virginia Energy Resources Inc.
16/02/2011Grants Incentive Stock Options
Nominations de Virginia Energy Resources Inc.
14/06/2013Announces Appointment of Investor Relations Consultant
Projets de Virginia Energy Resources Inc.
16/08/2013Announces Clarification of Technical Disclosure and Revision...
28/05/2012(Fir Island)Identifies Resistivity Lows along Black Lake Fault at Fir Is...
16/04/2012Named in Lawsuit by Sparton Resources
14/03/2011(Otish)Commences Two Drilling Programs
26/05/2009(Bingo)Announces Updated Resource Estimate on Saskatchewan Gold Pro...
26/03/2008(Burbidge)Commences Drilling at Burbidge Lake Uranium Project, SK
26/02/2008(Anomaly 7)Announces Results of Phase 2 Drilling on the Anomaly 7 Prope...
01/11/2007(Anomaly 7)Santoy Reports New Uranium Discoveries from Prospecting in t...
25/09/2007(Mustang Lake)and Mega Commence Drilling at Mustang Lake, CMB, Labrador
05/06/2007(Otish)Santoy-Melkior Announce Resumption of Drilling and Explorati...
Communiqués de Presse de Virginia Energy Resources Inc.
20/12/2013Provides Update
28/03/2013Comments on Quebec Uranium Study
15/02/2013Provides Legislative Update
27/09/2012and Anthem Resources Complete Plan of Arrangement
24/09/2012Provides Update on Plan of Arrangement
12/07/2012Signs Arrangement Agreement for Spin Out and Merger Transact...
11/06/2012Signs Letter Agreement for Spin Out and Merger Transaction
10/05/2012(Hawk Ridge)Commences Airborne VTEM Survey at Hawk Ridge
10/04/2012(Hawk Ridge)Signs Definitive Agreement to Option Hawk Ridge
07/02/2012(Hawk Ridge)to Monetize the Hawk Ridge Assets
16/06/2011s Drill Program in Labrador
30/05/2011(Otish)to Proceed with Drill Program for Otish Basin, QC
03/05/2011Metallurgical Studies Initiated on Coles Hill
12/01/2010and Mega Uranium announce prospecting results from Bruce Riv...
16/09/2009Virginia Completes Uranium Program and Acquires More Land
21/07/2009and Virginia Uranium Complete Business Combination
26/11/2008Provides Saskatchewan Gold Exploration Update
06/08/2008Expands Scope of Exploration Efforts in Saskatchewan
12/06/2008Completes Drill Program on Central Mineral Belt Uranium Proj...
29/04/2008Responds to BC Government Halt on Uranium Exploration and De...
25/02/2008 and Mega Provide Results from Drilling at Mustang Lake and ...
14/11/2007Commences Drilling at Fish Hawk Lake in the CMB, Labrador
04/10/2007 Denison Joint Venture Provides Progress Report, Athabasca B...
30/07/2007reports Exploration/Drill Plans on Uranium Claims in CMB, La...
18/07/2007Reports Exploration/Drill Plans on Uranium Joint Venture, At...
15/06/2007Announces Closing of Blizzard Transaction
05/06/2007Reports Drill Results From Fish Hawk Lake, CMB, Labrador
29/05/2007/Melkior Announce Temporary Suspension of Drilling at Otish ...
24/05/2007Santoy-Melkior Commence Drilling at Marc-André Uranium Occur...
14/05/2007Reports Drilling completed at Fish Hawk Lake, CMB, Labrador
14/03/2007Santoy-Wescan Joint Venture Reports Uranium Exploration Resu...
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