SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (47320)8/16/2007 10:00:20 AM
From: Condor  Respond to of 78422
 
buying epm at 1.07



To: TheSlowLane who wrote (47320)8/27/2007 9:34:47 AM
From: loantech  Read Replies (1) | Respond to of 78422
 
TSL some U results not sure if they are any good?

Canyon Resources Announces Uranium Drilling Results

2007-08-27 09:01 ET - News Release

Also News Release (U-EMU) ENERGY METALS CORPORATION

GOLDEN, Colo., Aug. 27 /CNW/ -- Canyon Resources Corporation (Amex: CAU), a Colorado-based mining and exploration company, is pleased to announce favorable results from a uranium drilling program conducted on the Converse-Sand Creek Joint Venture area of interest located near Douglas, in Converse County, Wyoming. The Converse-Sand Creek Joint Venture is operated by New Horizon Uranium (Toronto Stock Exchange: NHU) on behalf of its joint venture partners, Canyon Resources Corporation and Energy Metals Corporation (Toronto Stock Exchange: EMC; NYSE: EMU).

New Horizon completed 16 rotary drill holes totaling approximately 11,700 feet during June and July 2007. Portions of three of the rotary holes were core drilled for further sampling and analysis. This drilling follows 14 rotary drill holes completed in November and December 2006. Thirteen of the recent 16 rotary drill holes were in the area of historic drilling in the early 1980s by Canyon Resources and Elf Aquitaine. Current drilling focused on the 3,000 foot mineralization trend previously identified by Canyon Resources-Elf Aquitaine and extended the mineral zone an additional 3,500 feet. Three of the current drill holes were wide-spaced step-out tests to the south and east along suspected paleo channels in the host White River Formation.

All but three of the drill holes intercepted anomalous uranium values, with three holes, SR07-9, SR07-10 and SR07-11, showing significant grades. Highlights follow:

<<
-- Hole SR07-9, located along the Canyon-Elf Aquitaine trend in the
northern portion of Section 29, intercepted 10 feet grading 0.119 %
uranium oxide (eU3O8) including 4.5 feet grading 0.241% eU3O8.
>>

<<
-- Hole SR07-11, located northeast of hole SR07-9 on the same trend,
graded 0.142% eU3O8 over 13.5 feet, with six feet grading 0.288%
eU3O8.
>>

<<
-- Drill hole SR07-10, located south of hole SR07-9 intercepted seven
feet grading 0.075% eU3O8 with 3.5 feet grading 0.133% eU3O8. This
hole, located significantly south of the main trend in Section 29, may
indicate a previously unknown mineral trend.
>>

Bill Wilson, President and COO of New Horizon said, "We are pleased with the results of this phase of drilling on Sand Creek, which has not only confirmed the previously indicated uranium mineralization, but has substantially extended the target zone. We look forward to further work later this year to continue to delineate the extent and nature of this mineralization and to begin tests to determine its applicability for in-situ recovery."