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Boss Power Corporation

Publié le 29 juillet 2015

Reports New Uranium Discovery at Murphy Lake, Saskatchewan

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Mots clés associés :   Canada | K Street | Uranium |


News Release - Jul 29, 2015
Reports New Uranium Discovery at Murphy Lake, Saskatchewan

Eros Resources Corp. ("Eros") (TSXV: ERC) is pleased to announce the discovery of a new zone of uranium mineralization on its Murphy Lake joint venture property in the shallow eastern portion of the Athabasca Basin of Saskatchewan, which is held in its wholly owned subsidiary Anthem Resources Incorporated. Denison Mines Corp., the operator of the joint venture, reports that drill hole MP-15-03 intersected 0.2% eU3O8 over 6.9 metres (270.0-276.9 m) at the sub-Athabasca unconformity. (eU3O8 is radiometric equivalent uranium from a total gamma down-hole probe).

Hole ML-15-03 was the first drill hole of a four-hole program and represents a brand new discovery. The mineralization is associated with a zone of strong sandstone alteration including desilicification and clay over a hematite cap. Basement rocks immediately below the mineralization consist of graphitic pelitic gneisses cut by faults. The target was an east-west oriented resistivity low anomaly that has been tested by only one other drill hole previously. That drill hole is located 400 metres to the east and was flagged for follow-up due to significant sandstone alteration above graphitic basement rocks. A photo of the mineralized drill core has been posted to Eros Resources Corp. at www.erosresources.com.

Three additional drill holes have been completed to follow up on the mineralization in MP-15-03. While none of the holes intersected mineralization, alteration and structure suggest a highly prospective system, which is open to the west and likely to the east. The summer drilling for 2015 is complete and follow up drilling is being planned for January, 2016.

Murphy Lake property is located approximately 30 kilometres northwest of the McClean Lake mill. Eros currently holds a 41.06% interest the Murphy Lake JV with Denison holding the balance. Anthem elected not to contribute to the 2015 program, and therefore will be diluted to an approximate 32% interest.

Boss Power Corp., effective July 29, 2015, changed its name to "Eros Resources Corp" and is trading on the TSX Venture Exchange under the stock symbol "ERC". Eros, the combined company, will review its approach to the very prospective shallow Athabasca uranium play regarding the significant position in both Murphy Lake and Hatchet Lake.

The technical information in this release has been reviewed by Michael S. Cathro, MSc, P Geo, a qualified person under NI-43-101 and a consultant to the Company. For a description of the quality assurance program and quality control measures applied by Denison, please see Denison's annual information form dated March 5, 2015, filed under the company's profile on SEDAR.


About Eros
Eros Resource Corp. is a well-financed Canadian public company focused on the exploration and development of mineral deposits in North America.

For more information contact:

Eros Resources Corp.


Ron Netolitzky, President/CEO
(604) 688-8115



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.


Copyright � 2013 BOSS POWER CORP. (BPU) All rights reserved. For more information visit our website at http://www.bosspower.ca/ or send email to info@bosspower.ca.
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Boss Power Corporation

CODE : BPU.V
ISIN : CA1001201047
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Boss Power Corp. est une société d’exploration minière d'or basée au Canada.

Boss Power Corp. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 12,7 millions CA$ (9,8 millions US$, 8,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 23 mai 2008 à 74,24 CA$, et son plus bas niveau récent le 27 mars 2009 à 0,07 CA$.

Boss Power Corp. possède 74 775 000 actions en circulation.

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Attributions d'options de Boss Power Corporation
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28/08/2013Responds to News Release by Morning Star Resources Ltd.
16/04/2012Named as Defendant in Lawsuit by Sparton Resources
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21/07/2015Boss Power Corp. Completes Acquisition of Anthem Resources I...
17/07/2015Boss Power and Anthem Resources Merge Following Special and ...
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23/01/2015Boss Power Completes Divisive Reorganization
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09/01/2015Anthem Corporate Update
24/11/2014Boss Power to Complete Divisive Reorganization in January
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01/04/2014Boss Power Corp., Morning Star Resources Ltd., Magic Dragon ...
31/03/2014IIROC Trading Halt - BPU
15/11/2013Nominees Elected at the Annual General and Special Meeting o...
13/11/2013Wins Arbitration And Defeats A New Beruschi Legal Initiative
11/11/2013Says Shareholders Should Not Be Influenced By Dissident Beru...
07/11/2013Says Don't Hand Control to Beruschi
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04/11/2013Files Letter to Shareholders: Why Beruschi Should Not Be Tru...
01/11/2013ISS Recommends Shareholders Vote YELLOW Proxy FOR the Boss P...
30/10/2013Warns Shareholders: Beruschi Is The Problem - Not The Soluti...
25/10/2013Management and Board exercise options to help protect Boss P...
23/10/2013Board of Boss Power to Step Down; Nominates Highly Qualified...
15/10/2013Receives Advance Notice of Dissident Nominees; Provides Upda...
08/10/2013It Is Time for Anthony Beruschi To Do the Right Thing For AL...
01/10/2013Rejects Allegations made by Anthony Beruschi
23/09/2013formal offer to pay Morning Star's President, Anthony Berusc...
23/09/2013Formal Offer to Pay Morning Star's President, Anthony Berusc...
12/09/2013Responds to Morning Star Resources Ltd. and Announces Annual...
30/04/2013Provides Update on Ongoing Litigation
04/04/2013Continues Search for CEO
26/03/2013The President and CEO of Boss Power Dies of a Heart Attack
17/08/2012Provides Results From AGM
20/07/2012Provides Update to Settlement with BC Government
18/05/2012to Finalize Settlement with BC Government
13/07/2011Provides Update from AGM
28/03/2011Provides Update on Progress of Expropriation Lawsuit Against...
16/09/2009Extends Warrant Period
05/12/2008Amends Warrant Terms
01/12/2008Receives Statement of Defence in Lawsuit Against Province of...
15/09/2008Announces Changes to Board of Directors
11/04/2008Engages Klohn Crippen Berger for Environmental Baseline Stud...
11/02/2008Creates Uranium Advisory Board
28/09/2007Re-organization; New Chair and CEO Announced
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