Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX
VENTURE:UNR) announces the completion of the 2011 drill program on the Company's
100% owned Amer Lake uranium deposit in Nunavut. The program was designed to
test for additional uranium mineralization along strike of the Main Zone deposit
in an attempt to increase the existing 19.3 million pound uranium resource(i).


A total of 15 reverse circulation drill holes were completed to the southeast of
the inferred resource to a maximum depth of 204 metres. All of the drill holes
reported elevated and anomalous scintillometre readings with the exception of
three holes that did not reach their target depth due to drilling difficulties. 


"The anomalous and elevated CPS (counts per second) readings suggest the 2011
Amer Lake program successfully expanded mineralization at the Main Zone to the
southeast. The lab will allow us to determine to what extent we are able to
increase the current resource," says Mark Kolebaba, President and CEO of Uranium
North Resources Corp.


All samples have either been received by the lab or en-route to the lab for
assay testing. The results will be used to calculate an updated resource on the
Amer Lake deposit. 


Alan Sexton from GeoVector Management Inc. is the acting Qualified Persons for
the field operation. Bruce Kienlen, P.Geol, and Graham Gill P.Geo, are Qualified
Persons as defined by National Instrument 43-101, assisting in reviewing data
for this property. 


(i) See news release dated September 24, 2009

About Uranium North 

Uranium North Resources is a multi-commodity company focused on gold, silver and
uranium in Nunavut. All properties are 100% owned including the Amer Lake
uranium deposit, one of the largest uranium resources in Nunavut. The Company is
currently drilling the Mallery Lake gold project. 


On behalf of Uranium North Resources 

Mark Kolebaba, President and CEO 

Forward-Looking Information 

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. 


NR11-19

Uranium North Resources Corp. (TSXV:UNR)
過去 株価チャート
から 5 2024 まで 6 2024 Uranium North Resources Corp.のチャートをもっと見るにはこちらをクリック
Uranium North Resources Corp. (TSXV:UNR)
過去 株価チャート
から 6 2023 まで 6 2024 Uranium North Resources Corp.のチャートをもっと見るにはこちらをクリック