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Uranium North Resources

Publié le 19 janvier 2012

Intersects Gold at the Mallery Lake Project

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News Release - Thursday, January 19, 2012
Uranium North Intersects Gold at the Mallery Lake Project

Vancouver, BC, January 19, 2012 - Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX-V: UNR) announces gold mineralization was intersected in all five drill holes at the Mallery Lake gold property in Nunavut.

Drill hole ML-11-01, drilled near the western margin of the Stockwork zone, intersected a 3 metre zone of 4.62 g/T gold including 0.55 metres at 15 g/T. Drill hole ML-11-02, was the deepest drill hole into the Stockwork zone and intersected numerous mineralized zones including 21 metres of 1.01g/T gold at a depth between 170 and 191 metres. Drill holes ML-11-03, 04, and 05 intersected mineralized zones showing lateral extent to the northeast, east, and west of the Stockwork zone. (See map on our website www.uraniumnorth.com)

These drill results are very encouraging as they highlight typical grades, widths, textures and mineralogy encountered in the upper parts of epithermal gold deposits. Based on the epithermal gold deposit model, higher grade zones of gold and silver mineralogy occur at depth. The Mallery gold system is intermittently exposed over an area 800 x 700 metres.

Based on vein composition, textures, and estimated pressure and temperature calculations, it is assumed that Mallery is an epithermal gold system. (See diagram A on our website to view Mallery conceptually as an epithermal gold system.)

"This drilling tests the upper parts of a possible epithermal gold system and intersected significant widths of mineralization. More drilling will evaluate Mallery at depth, where higher grade zones of mineralization commonly occur in these types of systems," says Mark Kolebaba, President and CEO of Uranium North Resources.


Hole From To Interval Gold g/T
ML-11-01 12 19 7 2.1
ML-11-01 including   3 4.6
ML-11-01 108 109 1 1.4
         
ML-11-02 80 82 2 1.8
ML-11-02 including   1.2 3.0
ML-11-02 89 92 3 1.9
ML-11-02 including   1 5.5
ML-11-02 106.7 113.78 7.1 2.0
ML-11-02 including   1.9 6.2
ML-11-02 160.26 163 2.7 1.1
ML-11-02 170 191 21 1.0
ML-11-02 including   4 3.4
ML-11-02 222 224 2 1.5
         
ML-11-04 27 40 13 1.2
ML-11-04 including   4 2.9
         
ML-11-05 60 69 9 1.6
ML-11-05 including   5.65 2.3
ML-11-05 including   5.65 2.3
*Ml-11-03 intersected zones with up to 2.18 g/T gold
Sampling is incomplete for Ml-11-03.
*ML-11-05 includes 11.7 g/T silver

This initial five hole drill program totalling 750 metres tested mineralization near surface and laterally along strike. The program successfully outlined mineralization below surface. The next program will be designed to focus on identifying higher grade zones of mineralization at depth.

Bruce Kienlen, P.Geol is the Qualified Persons as defined by National Instrument 43-101, assisting in reviewing data for this property.

Please join us at the Vancouver Resource Investment Conference in booth 1034 on January 22-23 and also at the AMEBC Mineral Exploration Round Up in booth B20, January 25-26 at the Westin Bayshore Hotel.


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
"Neither the 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."

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.


Copyright � 2012 URANIUM NORTH RESOURCES CORP,. (UNR) All rights reserved. For more information visit our website at http://www.uraniumnorth.com/ or send email to info@uraniumnorth.com ..

Uranium North Resources

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

Uranium North Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MALLERY LAKE, AMER LAKE, THELON PROJECT (SOUTH BAKER), HEPBURN et AURA GOLD PROPERTY au Canada.

Uranium North Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,7 millions CA$ (1,7 millions US$, 1,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,78 CA$, et son plus bas niveau récent le 15 février 2013 à 0,02 CA$.

Uranium North Res. possède 85 555 000 actions en circulation.

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Rapports annuels de Uranium North Resources
2007 Annual Report
Financements de Uranium North Resources
09/02/2011Completes $8.0 Million Brokered Private Placement
24/06/2009Completes Flow-Through Financing
18/06/2008Completes Flow-Through Financing
30/11/2007Applies for Extension of Expiry Date of Warrants
27/08/2007Completes First Tranche Of Flow-Through Financing
08/08/2007Announces Flow-Through Financing
Nominations de Uranium North Resources
23/09/2008Appoints Vice President Of Exploration
24/01/2008 Appoints Uranium Expert To Board Of Directors
24/05/2007Appoints Manager Of Corporate Communications
Projets de Uranium North Resources
23/10/2012Diamonds North and Uranium North Report Acquisition of Talis...
18/10/2012Diamonds North and Uranium North Report High Gold and Silver...
18/09/2012And Diamonds North To Evaluate Gold Potential Of The Alder M...
22/08/2012(Amer Lake)Receives Graphite Results for the Amer Lake Project
14/08/2012and Diamonds North Complete Work on the Golden Reward Projec...
26/07/2012and Diamonds North Commence Exploration Program on Empire Cr...
18/07/2012Diamonds North and Uranium North Acquire Gold Property in Wa...
07/06/2012and Diamonds North Begin Exploration on the Poland China Gol...
31/05/2012CORRECTION: Uranium North and Diamonds North Acquire Gold Pr...
31/05/2012and Diamonds North Acquire Gold Projects in Washington State
16/05/2012Discovers Significant Graphite on Amer Property and Stakes N...
03/05/2012(Amer Lake)Provides Updated Amer Lake Uranium Resource Calculation
12/01/2012Discovers New High Grade Gold and Silver Zones at Nowyak
12/10/2011Completes Drilling on the Mallery Gold/Silver Project
02/09/2011(Amer Lake)Completes Drilling on the Amer Lake Uranium Deposit
13/07/2011Reports Drill Program Underway on the Mallery Gold - Silver ...
08/07/2011(Amer Lake)Reports Scintillometer Readings Indicate the Amer Lake Main ...
23/06/2011Reports Drill Mobilization Underway on the Mallery Gold - Si...
21/06/2011(Amer Lake)Commences Drilling on the Amer Lake Deposit
08/06/2011(Amer Lake)Mobilizes Drill to the Amer Lake Property
10/05/2011(Amer Lake)Mobilizes for Drilling at the Amer Lake Project
04/05/2011Stakes Additional Land at Mallery Gold / Silver Project and ...
21/04/2011acquires data to rapidly advance the Nowyak Gold / Silver Pr...
01/02/2011(Mallery Lake)Identifies Expansion Possibilities on the Mallery Lake Gold/...
01/12/2010(F 13)Identifies High Gold, Silver and Copper Mineralization on th...
01/02/2010(Kam)Identifies Gold Potential on KAM Property
06/08/2009(Amer Lake)Outlines 19.3 Million Pound U3O8 Inferred Resource at Amer L...
28/05/2009(Amer Lake)Completes Phase 1 Drilling at Amer Lake, Assays Pending
23/01/2009(Amer Lake)Identifies the Potential for 11 to 17 Million Pounds U3O8 at...
04/12/2008(Kam)Intersects Uranium Mineralization with Grades Up to 1.59% (3...
26/11/2008(Thelon Project (south Baker))Drills Three Uranium Rich Zones at Hawk and Extends Minerali...
10/09/2008(Kam)Intersects Zones of Anomalous Radioactivity in Five Drill Ho...
24/07/2008Starts Drilling at South Baker, New Uranium Mineralized Zone...
15/07/2008(Amer Lake)Drilling Program Underway at Amer Lake
20/02/2008(Kam)Identifies New High-Grade Uranium Target at KAM
28/06/2007(Thelon Project (south Baker))Acquires Claims Over Boulder Yielding 38% U3O8 And Provides ...
Communiqués de Presse de Uranium North Resources
19/02/2013Amalgamation of Uranium North and Diamonds North Complete; A...
08/02/2013and Diamonds North Shareholders Approve Amalgamation
16/10/2012and Diamonds North New Focus on Gold in Washington State is ...
11/10/2012and Diamonds North Announce Trenching Commences on the Polan...
04/10/2012Diamonds North and Uranium North Identify Gold Target Areas ...
13/06/2012And Diamonds North Continue To Build A Postion In Washington...
19/01/2012(Mallery Lake)Intersects Gold at the Mallery Lake Project
19/07/2011Initiates Program on the Nowyak Gold and Silver Property in ...
13/07/2011Reports Option Grants
06/07/2011Identifies New High Grade Gold and Silver Zones on the Nowya...
29/06/2011Announces Exploration Program to Begin on the Nowyak , F13 a...
17/05/2011Identifies Additional Targets on the Robin Project
18/08/2010Begins Exploration Program on the Aura Gold Project
12/08/2010Expands Mallery Lake Gold Target
16/07/2010Mallery Lake Gold Exploration Program Underway
08/07/2010Completes First Tranche Of Financing
26/11/2009Option Grants
18/11/2009Featured on CEO Clips on the Biography Channel
10/06/2009Identifies High Priority Targets on Yathkyed Property
28/05/2009Announces Financing
13/01/2009Expands the Amer Lake Main Zone Uranium Deposit 550 Metres S...
21/08/2008AGM Reminder
07/05/2008 Announces Financing
06/05/2008Announces First Drill Program to Expand U308 Mineralization ...
15/04/2008Targets 24 Metre Thick Uranium Mineralized Zone at Hawk Lake
10/04/2008Extends Terms Of Loan Agreement
19/02/2008Uranium North Awarded Exploration Permits on Baffin Island
05/02/2008Confirms Several Priority Uranium Targets on the Amer Lake P...
24/01/2008Completes Second Tranche Financing
21/01/2008President to present at the Vancouver Resource Investment Co...
11/12/2007Airborne Geophysics Identifies New Targets and Corroborates ...
07/11/2007AMER LAKE RESULTS CONFIRM WIDESPREAD URANIUM MINERALIZATION
18/10/2007Airborne Geophysics Indicate Potential to Expand Known Miner...
19/09/2007Awaits Results From Exploration Program
31/07/2007Mobilizes Crew On The Amer Lake Project In The Thelon Basin
05/07/2007Identifies High Priority Exploration Targets In The Athabasc...
13/06/2007Discovers Historic Data Increasing The Thickness, Grade And ...
19/04/2007Airborne Surveys Completed in Athabasca Basin - Uranium Nort...
27/02/2007Acquires Two Properties with Widespread Uranium Minerlizatio...
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