Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent
Mega Uranium Announces High Grade Uranium Mineralization Confirmed on Northwest Athabasca Property, Saskatchewan
Published : November 08, 2012
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Report | Uranium |

TORONTO, ONTARIO--(Marketwire - Nov. 8, 2012) - Mega Uranium Ltd. (News - Market indicators) ("Mega") and Forum Uranium Corp. (TSX VENTURE:FDC) ("Forum") are pleased to announce preliminary results from the first of three high priority targets being drilled on the Northwest Athabasca property. Uranium mineralization was encountered at shallow depths in two of four holes drilled in the first target area.

Drillhole NWA-35 intersected a 1.4 metre mineralized interval at a vertical depth of 26 metres and is interpreted to be part of Zone 2A discovered in 1978. Within this interval a 25 centimetre section gave an off-scale scintillometer* reading (>9999 counts per second). Mineralization consists of blebs and flecks of pitchblende. Sufficient drilling has now been completed in the vicinity of Zone 2A to conclude that the zone is of very limited extent, however the intercept in hole NWA-35 confirms the presence of high grade mineralization on the Northwest Athabasca property. Further drilling is recommended outside Zone 2A to define the controlling structure.

Drillhole NWA-34 intersected a 10cm zone, within a graphitic shear, with a scintillometer* reading of 1,400 counts per second at a vertical depth of 50 metres and located 20 metres west of Zone 2A. Approximately 20 metres to the west of the NWA-34 intercept is an untested electromagnetic conductor which has been selected for future drill testing.

The current drill program is continuing with testing of the Maurice Creek South target, (a gravity low situated immediately south of the historic Maurice Creek mineralization) and the Barney Zone, (tested by a single hole in March 2012 with very positive results of strong bleaching and faulting associated with dravite clays in the overlying sandstones). 

Large gravity lows are present both to the north and south of Zone 2A. Drilling on the gravity low to the south discovered the Opie Zone in March 2012 (0.142% U3O8 over 7.6 metres at a depth of 40 to 100 metres) which requires more drilling this winter. An untested gravity low also lies to the north of Zone 2A and is a priority target for future drill programs. See Figure 1: Northwest Athabasca Project Gravity Survey at the end of this news release. 

The Northwest Athabasca property hosts the Maurice Bay deposit (historical resource** of 1.5 million pounds uranium at 0.6% U3O8). The positive results returned from the drill program completed in March 2012, including the discovery of the Opie encouraged Forum and Mega to step up exploration on the property. All targets are similar to Cameco's Millennium deposit and Rio Tinto's Roughrider deposit and at much shallower depths (less than 100 metres).

Quality Assurance and Quality Control

Core samples are collected and shipped in sealed containers to the Saskatchewan Research Council, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory for geochemical analysis using the Uranium ICP Package. This package is the preferred analytical technique for detecting uranium and pathfinder elements in the alteration halos of unconformity-type uranium deposits in the Athabasca Basin. 

Michael Downes Ph.D., P.Geo., Vice President North America and Qualified Person for Mega, has reviewed the technical content of this news release.

Forum and Mega Option with Cameco

Forum and Mega Uranium have entered into a 50/50 Joint Venture Agreement to manage the exploration program during the earn-in period with Forum as initial Operator. Forum and Mega can earn a 60% interest in the Northwest Athabasca project, a joint venture between Cameco Corporation and Areva Resources Canada, by completing $4 million in exploration over four years and making cash payments totaling $400,000 over three years, of which $140,000 has been paid. It is anticipated that Forum and Mega will vest their joint 60% interest in the property upon completion of the current program. 

The Northwest Athabasca project will form part of the Mega projects being sold to NexGen Energy Ltd., as announced August 9, 2012. That transaction is expected to close in the fourth quarter of 2012.

*Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using a handheld Exploranium GRS-101 total count gamma-ray scintillometer. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within this interval is highly variable and associated with visible pitchblende mineralization. Core recovery is generally between 90% to 100% in hole NWA-35. All intersections are down-hole, core interval measurements and true thickness are yet to be determined.

**Historical resource for the Maurice Bay deposit, as reported by Saskatchewan Industry and Resources, Miscellaneous Report 2003-7, has not been calculated or classified under the specifications of National Instrument 43-101 and should not be relied upon.

ABOUT MEGA URANIUM

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Canada and Cameroon. Further information on Mega can be found on the company's website at www.megauranium.com

NOTE REGARDING FORWARD-LOOKING INFORMATION

Certain information contained in this press release may constitute "forward-looking information", which is information regarding possible events, conditions or results of operations that is based upon assumptions about future economic conditions and courses of action. All information other than matters of historical fact may be forward-looking information. In some cases, forward-looking information can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking information in this press release includes, but is not limited to, statements about our plans regarding future acquisitions and property development, our expectations regarding the uranium market, global growth and the use of nuclear power, our drill results, commodity prices and core intersection lengths, in that they constitute estimates, based on certain assumptions of mineralization that may be encountered if a deposit were to be mined.

By its nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to differ materially from those expressed or implied by such forward-looking information. Some of the risks and other factors that could cause actual results to differ materially from those expressed in the forward-looking information contained in this release include, but are not limited to: risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations; results of initial feasibility, pre-feasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; the potential for delays in exploration or development activities or the completion of feasibility studies; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; risks related to commodity price and foreign exchange rate fluctuations; the uncertainty of profitability based upon the cyclical nature of the industry in which the Company operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; and other risks and uncertainties related to the Company's prospects, properties and business strategy.

Although we have attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking information, readers are cautioned that this list is not exhaustive and there may be other factors that we have not identified. Readers are cautioned not to place undue reliance on forward-looking information contained in this release. Forward-looking information is based upon our beliefs, estimates and opinions as at the date of this release, which we believe are reasonable, but no assurance can be given that these will prove to be correct. Furthermore, we undertake no obligation to update or revise forward-looking information if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

All forward-looking information contained in this release is expressly qualified by this cautionary note.

To view "Figure 1: Northwest Athabasca Project Gravity Survey", please visit the following link: http://media3.marketwire.com/docs/MEGAfig1.pdf



Investor Relations
Mega Uranium Ltd.
Richard Patricio, EVP Corporate Affairs
(416) 643-7630
info@megauranium.com
www.megauranium.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Mega Uranium Ltd.

EN DÉVELOPPEMENT
CODE : MGA.TO
ISIN : CA58516W1041
CUSIP : 58516W104
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Mega Uranium est une société d’exploration minière d'uranium basée au Canada.

Mega Uranium détient divers projets d'exploration au Bresil, au Canada, en Australie, en Argentine, en Bolivie, en Colombie et en Guinee.

Son principal projet en développement est LAKE MAITLAND en Australie et ses principaux projets en exploration sont KINGOONYA, HARRIS BLUFF, GUNBARREL BASIN, OASIS, NEUTRAL JUNCTION, BOWGAN PROJECT, KINTYRE PROJECT, COOLBRO, TALLARINGA SOUTH/NORTH, GARFORD, INDOOROOPILLY, HALF MOON LAKE, PETERLUMBO HILL, CORUNNA NORTH, OLD WARTAKA, IRON KNOB, UNO, GEORGETOWN, MAUREEN et BEN LOMOND en Australie, KITONGO PROSPECT, LOLODORF et TEUBANG au Cameroun et WEST MICMAC, GREENWICH, THELON, LAC DES ILES, BRUCE RIVER, MAURICE POINT, AILLIK EAST, MUSTANG LAKE, ADAIR, IGOR et JOBURKE au Canada.

Mega Uranium est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 81,4 millions CA$ (60,0 millions US$, 53,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 13 avril 2007 à 8,68 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,05 CA$.

Mega Uranium possède 285 670 016 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Mega Uranium Ltd.
14/03/2011Announces Closing of Flow-Through Financing
17/02/2011Announces Increase To Flow-Through Financing
17/02/2011Announces Flow-Through Financing
Nominations de Mega Uranium Ltd.
19/03/2013Announces Election of Directors
Projets de Mega Uranium Ltd.
12/08/2013(Lake Maitland)to Sell Lake Maitland Uranium Project to Toro Energy
25/10/2012Drilling To Commence On The NW Athabasca Property=2C Saskatc...
09/05/2012Drilling Discovers Basement=2DHosted Uranium on the NW Athab...
27/03/2012(Ben Lomond)Plans Drill Program at Ben Lomond Project in Queensland Foll...
26/10/2011(Lake Maitland)on the Lake Maitland Uranium Project
21/06/2011(Lake Maitland)Provides Update on the Lake Maitland Uranium Project
25/10/2010(Lake Maitland)Environmental Scoping Document For Mega’s Lake Maitland Uran...
12/01/2010(Bruce River)Provides Update On Canadian Exploration
08/04/2010(Lake Maitland)Lake Maitland Project Update
24/09/2009(Kitongo Prospect)Wide Drill Intersections in the Salaki Uranium Prospect in C...
07/08/2009(Lake Maitland)No Objection Received from the Foreign Investment Review Boa...
19/06/2009(Lake Maitland)Agreements for the Sale of 35% of the Lake Maitland Resource...
03/03/2009(Kitongo Prospect)Provides Update on Exploration Activities in Cameroon
27/02/2009(Lake Maitland)To Sell 35% of Lake Maitland Resource for US$49 Million to J...
05/02/2009(Patagonia Uranium)Update On Exploration Activities In Chubut Province, Argenti...
15/01/2009(Georgetown)On Georgetown Project, Queensland, Australia
22/10/2008(Lake Maitland)Announces Results of Scoping Study of Lake Maitland Uranium ...
26/06/2008(Patagonia Uranium)Extensive Shallow Uranium Mineralization Delineated in Argen...
07/04/2008(Ben Lomond)Update on Progress on Mega’s Uranium Resource Development Pr...
20/02/2006(Ben Lomond)Announces closing of Ben Lomond uranium-molybdenum resource ...
Communiqués de Presse de Mega Uranium Ltd.
31/03/2016Mar 31, 2016 Mega Uranium Announces Results Of Annual And Sp...
21/12/2015Dec 21, 2015 Mega Uranium Ltd. Announces Appointment Of CFO ...
21/12/2015Mega Uranium Ltd. Announces Appointment of CFO
30/07/2015Jul 30, 2015 Cameco Australia Pty Ltd Earns 51% Interest In ...
30/07/2015Cameco Australia Pty Ltd Earns 51% Interest in Kintyre Rocks...
13/07/2015Jul 13, 2015 Mega Uranium Announces Completion Of Private Pl...
23/03/2015Mar 23, 2015 Mega Announces Results Of Annual And Special Sh...
23/03/2015Announces Results of Annual and Special Shareholder Meeting
23/03/2015Mega Announces Results of Annual and Special Shareholder Mee...
19/03/2015Mar 19, 2015 Mega Uranium Ltd. Announces Director Retirement...
19/03/2015Mega Uranium Ltd. Announces Director Retirements
06/03/2015Announces Management Rationalization
06/03/2015Mega Uranium Ltd. Announces Management Rationalization
13/02/2015Feb 13, 2015 Mega Uranium Ltd. Announces New By-Law Read Mor...
13/02/2015Mega Uranium Ltd. Announces New By-Law
13/02/2015Announces New By-Law
07/07/2014Mega Uranium Ltd. Acquires Securities of Macusani Yellowcake...
19/03/2014Mar 19, 2014 Mega Announces Election Of Directors & Corporat...
19/03/2014Mega Announces Election of Directors & Corporate Update
24/09/2013Announces Termination of Arrangement Agreement with Rockgate...
11/07/2013and Cameco Australia Pty Ltd Enter Farm in and Joint Venture...
14/05/2013Releases Unaudited Results for the Three and Six Months Ende...
23/04/2013Acquires Securities of NexGen Energy Ltd.
12/02/2013Releases Unaudited Results For The Three Months Ended Decemb...
08/11/2012Announces High Grade Uranium Mineralization Confirmed on Nor...
22/10/2012State Government Lifts Ban on Uranium Mining in Queensland
22/10/2012State Government Lifts Ban on Uranium Mining in Queensland
14/08/2012Releases Unaudited Results for the Three and Nine Months End...
09/08/2012to Sell Canadian Projects to NexGen Energy to Create the Pre...
12/05/2012Releases Unaudited Results for the Three and Six Months Ende...
09/05/2012Drilling Discovers Basement-Hosted Uranium on the NW Athabas...
29/03/2012Announces Reconfirmation Of Shareholder Rights Plan
16/03/2012Releases Unaudited Results for the Three Months Ended Decemb...
12/03/2012Nunatsiavut Assembly Lifts Uranium Moratorium in Labrador
23/02/2012Completes Acquisition of Canadian Exploration Assets
23/01/2012Commences Drill Program on Northwest Athabasca Property
04/01/2012to Acquire Portfolio of Canadian Exploration Assets from Tit...
18/12/2011Releases Audited Results for the Year Ended September 30=2C ...
15/12/2011Provides Update on Canadian Exploration
12/08/2011Releases Unaudited Results for the Three and Nine Months End...
13/05/2011Releases Unaudited Results for the Three and Six Months Ende...
16/02/2011Provides Australian Update
15/02/2011Releases Unaudited Results For The Three Months Ended Decemb...
06/01/2011Acquires Securities Of Tournigan Energy Ltd.
13/08/2010Releases Unaudited Results For The Three And Nine Months End...
08/04/2010Acquires Securities of U308 Corp.
08/04/2010Completes South American Asset Sale and Declares Dividend-in...
12/02/2010Releases Unaudited Results For The Three Months Ended Decemb...
11/01/2010Acquires Securities Of Macusani Yellowcake Inc.
07/10/2009Proposed Public Offering of Units
13/08/2009Unaudited Results For The Three And Nine Months Ended June 3...
13/05/2009Unaudited Results For The Three And Six Months Ended March 3...
18/03/2009Acquires Securities Of Titan Uranium Inc.
13/02/2009Releases Unaudited Results For The Three Months Ended Decemb...
13/11/2008Join Mega Uranium at the San Francisco Hard Assets Conferenc...
15/09/2008Removal Of The Uranium Mine Development Ban In Western Austr...
17/06/2008Drilling Underway Close To Rio Tinto’s Kintyre Uranium Resou...
13/05/2008Provides Update on Colombia Properties
06/05/2008Announces Closing of Energentia Resources Acquisition
04/04/2008 And Energentia Resources Inc. Sign Acquisition Agreement
25/03/2008$44 Million Uranium Exploration Budget on Mega’s Properties ...
22/05/2007Kaminak Options Washburn Project to Mega Uranium Ltd.
02/04/2007Airborne Survey Detects Numerous Untested Radiometric Anomal...
04/04/2006New deaty gold zones Shebandowan camp, Thunder Bay, Ontario
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (MGA.TO)FRANKFURT (M6J.F)
0,285+3.64%0,175+4.79%
TORONTO
CA$ 0,285
20/09 17:00 0,010
3,64%
Cours préc. Ouverture
0,275 0,290
Bas haut
0,280 0,292
Année b/h Var. YTD
0,240 -  0,520 -28,75%
52 sem. b/h var. 52 sem.
0,240 -  0,520 -10,94%
Volume var. 1 mois
344 775 1,79%
24hGold TrendPower© : 27
Produit
Développe Uranium
Recherche Copper - Gold - Lead - Molybdenum - Platinum - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 05/02/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2024-30,49%0,530,24
2023105,00%0,450,16
2022-25,93%0,410,17
202150,00%0,420,16
2020100,00%0,200,05
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
error

 

 

THE REQUESTED URL IS UNCORRECT

Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !