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International Enexco Limited

Publié le 13 novembre 2013

Announces $2.9 Million Drill Program, on the Mann Lake Uranium Project, Athabasca Basin, SK

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Mots clés associés :   Canada | Copper | Uranium |
 


INTERNATIONAL ENEXCO ANNOUNCES $2.9 MILLION DRILL PROGRAM ON
THE MANN LAKE URANIUM PROJECT


 

  • 13,000 Metre Diamond Drill Program

  • 18 Drill holes

  • Drill Program to Commence in January 2014

  • Partnered with Cameco and AREVA

Vancouver, Canada -- November 13 2013 - International Enexco Ltd. (TSX-V: IEC; OTCQX: IEXCF; Frankfurt: IE6) (the "Company" or "Enexco") is pleased to announce that the 2014 Mann Lake exploration drill program will begin January 2014. Cameco Corporation (TSX: CCO) is the project operator. The proposed budget for the 2014 program will be CDN$2,900,000 with Enexco's portion being CDN$870,000.

The 2014 drill program will consist of up to 18 diamond drill holes and will evaluate three types of targets; a preliminary evaluation of the area footwall to the western axis of the C trend, the completion of the systematic evaluation of the remaining targets along the main C trend and the preliminary evaluation of the conductive features near the western margin of the Wollaston sedimentary corridor. The 2014 drill program will be carried out in coordination with Cameco's drill programs planned on adjacent projects.

The Mann Lake Uranium project is located in the heart of what is undisputedly the most prolific and highest grade uranium region in the world, the Athabasca Basin in Saskatchewan. Mann Lake is 25 km southwest of Cameco's McArthur River Mine and is 20 km northeast of Cameco's Millennium deposit. High-grade basement-hosted uranium mineralization was discovered at Mann Lake during a 2006 drill program. The two highest grade intervals are 7.12% U308 over 0.25 m and 5.53% U308 over 0.4 m at depths of just over 500 m.

"We are very pleased with the continued enthusiasm our joint venture partners have shown on Mann Lake and are approaching the 2014 program with great expectations."
commented Arnold Armstrong, President & CEO.

Enexco is a 30% partner in a joint-venture with Cameco (52.5%) and AREVA (17.5%) to explore the Mann Lake Uranium project in the Athabasca Basin in Saskatchewan.

About International Enexco Ltd.
International Enexco Ltd is a North American exploration and development company focused on the feasibility stage, 100% owned, Contact Copper project in northern Nevada and the Mann Lake and Bachman Lake Uranium projects located in Saskatchewan's prolific Athabasca Basin. The Mann Lake project is a joint venture with Cameco (52.5%) as operator, Enexco (30%) and AREVA (17.5%)---two of the world's largest uranium companies. The Bachman Lake project is a joint venture with Denison (80%) as operator and Enexco (20%).

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

"G. Arnold Armstrong"
President & CEO

 

 

 

 

 

 

 

 

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither 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. We seek safe harbour.


LATEST NEWS


  04 Nov. International Enexco Announces Drill Results From the Bachman Lake Uranium Project, Athabasca Basin, SK

 

  01 Oct. International Enexco Announces Positive Pre-Feasibility Study for Contact Copper Project

 

  09 Sep. International Enexco Reports On the Mann Lake Uranium Project, Athabasca SK

 

  26 Aug. International Enexco and Denison Mines Commence Drill Program on the Bachman Lake Uranium Project, Athabasca SK

 

  25 Jun. International Enexco Announces Joint Venture with Denison Mines on Bachman Lake Uranium Project, Athabasca SK

 

  06 Jun. International Enexco Announces Adoption of Advance Notice Policy

 

 
 

 

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

International Enexco Limited

EXPLORATEUR
CODE : IEC.V
ISIN : CA45945G1072
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International Enexco est une société développant des projet miniers de cuivre et d'uranium basée au Canada.

International Enexco détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont LOOMIS, HOT POT PROJECT, MANN LAKE, CONTACT COPPER et MANN LAKE (JV) au Canada.

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Financements de International Enexco Limited
14/02/2014Announces Non-Brokered Private Placement
Nominations de International Enexco Limited
13/07/2011Appoints Spiros Cacos
24/06/2008Appoints Two New Directors
Projets de International Enexco Limited
27/01/2014Commences $2.9 Million Drill Program on the Man Lake Uranium...
10/12/2013International Enexco Gives a Base Metal (and Uranium) Balanc...
13/11/2013(Mann Lake)Announces $2.9 Million Drill Program, on the Mann Lake Urani...
10/10/2013(Contact Copper)Files Pre-Feasibility Study for Contact Copper Project, Neva...
01/10/2013(Contact Copper)Announces Positive Pre-Feasibility Study for Contact Copper ...
25/06/2013Announces Joint Venture with Denison Mines on Bachman Lake U...
27/03/2013(Mann Lake)Reports On the Mann Lake Uranium Project, Athabasca SK
19/02/2013(Mann Lake)JV Partner Cameco Adds Third Drill Rig On the Mann Lake Uran...
08/02/2013(Mann Lake)Minesite.com Article: International Enexco Sets The Drills T...
24/01/2013INTERNATIONAL ENEXCO (TSX-V: IEC) COMMENCES $6 MILLION, THRE...
21/01/2013International Enexco Commences $6 Million, Three Rig Drill P...
21/01/2013(Mann Lake)Commences $6 Million, Three Rig Drill Program, On the Mann L...
18/09/2012International Enexco Announces Positive Metallurgical Result...
18/09/2012(Contact Copper)Announces Positive Metallurgical Results from Contact Copper...
10/09/2012(Contact Copper)Completes Drill Program at Contact Copper Project and Report...
19/03/2012International Enexco Announces Additional Drill Results from...
24/02/2012International Enexco's Shares Power Ahead, As The Contact Co...
23/02/2012(Contact Copper)MINESITE.COM: International Enexco's Shares Power Ahead, As ...
16/01/2012(Contact Copper)Drill Program Update for Contact Copper Project, Nevada
28/11/2011(Contact Copper)Commences Drilling Contact Copper Project, Nevada
27/07/2011(Contact Copper)to Acquire Properties of Allied Nevada at Contact, Nevada
09/02/2011(Contact Copper)Rising Copper Prices Favor International Enexco
17/08/2009Positive Copper Pre-Feasibility Study Received
09/02/2009(Mann Lake)Drilling at Mann Lake Underway with Cameco as Operator
07/01/2009(Mann Lake)Cameco to Commence 3rd Enexco Drill Program at Mann Lake
29/09/2008(Contact Copper)Prepares to Drill Newly Optioned Boston Claim Group
21/08/2008(Contact Copper)Pre-Feas Study to Commence at Contact - New Resource Calcula...
Communiqués de Presse de International Enexco Limited
04/11/2013Announces Drill Results From the Bachman Lake Uranium Projec...
10/10/2013Mid=2DDay Breaking News From Zenyatta and International Enex...
09/09/2013Mid=2DDay Breaking News From International Enexco=2C Miracul...
26/08/2013Mid=2DDay Breaking News From Rango Energy and International ...
26/08/2013and Denison Mines Commence Drill Program on the Bachman Lake...
10/10/2012Mid-Day Breaking News From International Enexco, Gold Reach,...
10/10/2012(Contact Copper)Announces an Increase of 49% to 1.06 Billion Pounds of Coppe...
10/10/2012Announces an Increase of 49% to 1.06 Billion Pounds of Coppe...
27/08/2012Mid-Day Breaking News From Pelangio, International Enexco, S...
27/08/2012(Contact Copper)Confirms New Copper Target at Contact Copper Project (Nevada...
20/06/2012Todd Hilditch Joins International Enexco as Director
08/06/2012RESOURCE WORLD: INTERNATIONAL ENEXCO EXPANDING PROPERTY AND ...
23/05/2012Mid-Day Breaking News From International Enexco, CardioComm,...
23/05/2012(Contact Copper)Additional Drill Results from Contact Copper Project, Nevada
10/05/2012JOIN INTERNATIONAL ENEXCO LTD. AT THE 2012 NEW YORK HARD ASS...
26/04/2012Mid-Day Breaking News From International Enexco and Canada R...
19/03/2012(Contact Copper)Announces Additional Drill Results From Contact Copper Proje...
01/03/2012Mid-Day Breaking News From Mirasol, Novadx, Zimtu, Internati...
01/03/2012(Mann Lake)Announces Winter Geophysical Survey Planned at Mann Lake, Sa...
16/01/2012Mid-Day Breaking News From El Ni=F1o Ventures and Internatio...
28/11/2011Mid-Day Breaking News From El Nino, Millrock, Golden Touch, ...
11/07/2011Former Nevada Governor Jim Gibbons Joins International Enex...
01/12/2010President's Letter International Enexco
02/06/2010REPORTS 161% INCREASE IN MINEABLE COPPER AND 20.2% IRR, IN U...
11/08/2009S SHAREHOLDERS ON MULTIPLE DRILL PROGRAMS
09/06/2009signs JV with Nevada Exploration Inc.
02/06/2009has entered into an option agreement with Fronteer Developme...
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