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Xemplar Energy Conducts RadonX Survey at Cape Cross
Vancouver, British Columbia, Canada, May 20, 2011 - Xemplar Energy Corp. (TSX-V:XE) Encouraged by the traverse infill program and latest assay results for the grab samples collected at Mile 72 area at Cape Cross, Xemplar Energy Corp. is now embarking on a highly disciplined and methodical exploration program using RadonX and ground electronic magnetic survey over a 20-kilometre by eight-kilometre area leading to the mapping of high-potential drill targets. It is supported in these endeavours by Remote Exploration Services, part of the highly respected Mineral Services Group, and its senior consultant, Dr. Branko Corner, a leading geophysicist and expert on uranium exploration in Southern Africa. The company plans to start drilling in July or August, 2011.
Notes
RadonX is a radon emanometry method based on the radon-on-activated-charcoal (ROAC) technique initially developed by the SA Atomic Energy Board. Remote Exploration Services, a leading exploration consultancy operating in Africa, has refined and adapted the initial ROAC method through a number of experimental studies and orientation surveys over known calcrete- and leucogranite-hosted (Alaskite) uranium deposits. The emphasis of all procedures, choice of activated charcoal and equipment parameter design was to optimize the sensitivity of the RadonX method. Results of case studies show excellent detection and delineation of a variety of buried uranium deposits, exceptional depth penetration of 100 metres or more under favourable permeability conditions and improved sensitivity when compared with alpha-particle detection surveys.
Radon emanometry surveys make use of the ability of radon (222Rn), a gaseous daughter product originating from uranium decay, to migrate to surface together with the ground air. This requires some degree of permeability in the overburden or cover strata. Unlike other radon emanometry methods that rely on alpha-particle detection, RadonX measures the gamma emission from radon's daughter products, bismuth (214Bi) and lead (214Pb), following adsorption of the radon onto activated charcoal. This method of detection excludes the detection of thoron (220Rn) arising from thorium that may be contained in the bedrock, representing a significant advantage of the RadonX method.
Radiometric surveys have traditionally been the primary method used in uranium exploration. The ability to deploy surveys from aircraft has enabled extensive coverage in favourable areas, resulting in the discovery of most exposed deposits. Radiometric surveys are, however, limited in that the depth of penetration is restricted to the top few centimetres of the earth's surface and therefore many buried deposits have gone undetected. In this regard, RadonX provides uranium explorers with a unique and direct parameter, enabling the detection of uranium deposits at depth. In so doing, it provides an important data layer during the exploration process to enable drill target detection and delineation.
Key advantages of using this technology include:
- Highly effective through both residual and transported surficial cover given good permeability conditions;
- Significantly improved sensitivity compared with other alpha detection surveys;
- An excellent depth of penetration, under favourable permeability conditions, in excess of 100 metres;
- Fast results turnaround time, allowing for on-the-fly infill surveying;
- Highly cost-effective in comparison with geochemical surface sampling methods;
- No interference from thorium contained in bedrock due to the detection method;
- Accurate mapping of uranium mineralization and definition of drill targets using detailed grids.
Peter Hollick, BSc (honours), PrSciNat, is a qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical disclosure contained in this news release.
On behalf of the Board of Directors,
�Ron Mitchell�
Ron Mitchell, Director
Xemplar Energy Corp.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
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 press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as �seek�, �anticipate�, �believe�, �plan�, �estimate�, �expect� and �intend� and statements that an event or result �may�, �will�, �should�, �could� or �might� occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management�s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
To see previous news releases, please click here.
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Thank you for your interest in Xemplar Energy Corp.
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Xemplar Energy Conducts RadonX Survey at Cape Cross
Vancouver, British Columbia, Canada, May 20, 2011 - Xemplar Energy Corp. (TSX-V:XE) Encouraged by the traverse infill program and latest assay results for the grab samples collected at Mile 72 area at Cape Cross, Xemplar Energy Corp. is now embarking on a highly disciplined and methodical exploration program using RadonX and ground electronic magnetic survey over a 20-kilometre by eight-kilometre area leading to the mapping of high-potential drill targets. It is supported in these endeavours by Remote Exploration Services, part of the highly respected Mineral Services Group, and its senior consultant, Dr. Branko Corner, a leading geophysicist and expert on uranium exploration in Southern Africa. The company plans to start drilling in July or August, 2011.
Notes
RadonX is a radon emanometry method based on the radon-on-activated-charcoal (ROAC) technique initially developed by the SA Atomic Energy Board. Remote Exploration Services, a leading exploration consultancy operating in Africa, has refined and adapted the initial ROAC method through a number of experimental studies and orientation surveys over known calcrete- and leucogranite-hosted (Alaskite) uranium deposits. The emphasis of all procedures, choice of activated charcoal and equipment parameter design was to optimize the sensitivity of the RadonX method. Results of case studies show excellent detection and delineation of a variety of buried uranium deposits, exceptional depth penetration of 100 metres or more under favourable permeability conditions and improved sensitivity when compared with alpha-particle detection surveys.
Radon emanometry surveys make use of the ability of radon (222Rn), a gaseous daughter product originating from uranium decay, to migrate to surface together with the ground air. This requires some degree of permeability in the overburden or cover strata. Unlike other radon emanometry methods that rely on alpha-particle detection, RadonX measures the gamma emission from radon's daughter products, bismuth (214Bi) and lead (214Pb), following adsorption of the radon onto activated charcoal. This method of detection excludes the detection of thoron (220Rn) arising from thorium that may be contained in the bedrock, representing a significant advantage of the RadonX method.
Radiometric surveys have traditionally been the primary method used in uranium exploration. The ability to deploy surveys from aircraft has enabled extensive coverage in favourable areas, resulting in the discovery of most exposed deposits. Radiometric surveys are, however, limited in that the depth of penetration is restricted to the top few centimetres of the earth's surface and therefore many buried deposits have gone undetected. In this regard, RadonX provides uranium explorers with a unique and direct parameter, enabling the detection of uranium deposits at depth. In so doing, it provides an important data layer during the exploration process to enable drill target detection and delineation.
Key advantages of using this technology include:
- Highly effective through both residual and transported surficial cover given good permeability conditions;
- Significantly improved sensitivity compared with other alpha detection surveys;
- An excellent depth of penetration, under favourable permeability conditions, in excess of 100 metres;
- Fast results turnaround time, allowing for on-the-fly infill surveying;
- Highly cost-effective in comparison with geochemical surface sampling methods;
- No interference from thorium contained in bedrock due to the detection method;
- Accurate mapping of uranium mineralization and definition of drill targets using detailed grids.
Peter Hollick, BSc (honours), PrSciNat, is a qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical disclosure contained in this news release.
On behalf of the Board of Directors,
�Ron Mitchell�
Ron Mitchell, Director
Xemplar Energy Corp.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
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 press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as �seek�, �anticipate�, �believe�, �plan�, �estimate�, �expect� and �intend� and statements that an event or result �may�, �will�, �should�, �could� or �might� occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management�s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
To see previous news releases, please click here.
_____________________
Thank you for your interest in Xemplar Energy Corp.
_____________________
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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
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Xemplar Energy Corp.
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EXPLORATEUR |
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CODE : XE.V |
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ISIN : CA9840072032 |
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CUSIP : 984007 |
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Xemplar Energy est une société d’exploration minière d'uranium basée au Canada. Ses principaux projets en exploration sont AUS - GARUB, ENGO VALLEY, WARMBAD et CAPE CROSS en Namibie. Xemplar Energy est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 628 650 CA$ (476 705 US$, 425 889 €). La valeur de son action a atteint son plus bas niveau récent le 12 décembre 2003 à 0,01 CA$, et son plus haut niveau récent le 11 janvier 2008 à 8,50 CA$. Xemplar Energy possède 41 910 000 actions en circulation. |
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