International Ranger Corp. Announces a 40 Hole Drill Program after Receiving Initial Results from the Whiskey Gap Uranium Projec
2006年2月1日 - 6:07AM
PRニュース・ワイアー (英語)
IRNG Pink Sheets VANCOUVER, Jan. 31 /PRNewswire-FirstCall/ --
International Ranger (the "Company") announces that significant
results have been encountered during drilling on the Whiskey Gap
Uranium Project, and that a Phase 2 drilling program is anticipated
to begin by March 1, 2006. The Phase 1 Drill Program of 1200 meters
was completed in December 2005, to evaluate anomalous Radon gas
values in ground water, which exceeded 5000 picocuries per liter.
Anomalous radioactivity, up to a maximum thickness of 5 meters, was
encountered in seven drill holes over a wide area within
carbonaceous mudstones, in association with a thick sandstone
channel sequence. Assay results from the SRC indicate that the
radioactive zones are enriched with Uranium. The source of the
Radon anomaly was not located, however a substantial enrichment of
heavy metals is present, this heavy metal enrichment halo is
typical of sandstone uranium deposits. The radioactive zones also
contain significant, copper, arsenic, molybdenum, vanadium and
barium. These pathfinder elements typically occur in association
with sandstone uranium deposits in Wyoming and Colorado. North
American Gem is extremely encouraged by these preliminary results,
and is confident that further work in the area will define
significant sandstone hosted Uranium mineralization. The Phase 2
drill program will include drilling of up to 40 holes to further
delineate the sandstone channel system and define the
mineralization. The Whiskey Gap property is underlain by a series
of fluvial sandstones of Cretaceous age, thought to be analogous to
sandstones in parts of Wyoming that host significant Roll front
Uranium deposits. The project is under the direction of Glenn .S.
Hartley P. Geol. in accordance with the regulations of National
Instrument 43-101, and the contents of this news release have been
reviewed by Glenn .S. Hartley. Safe Harbour Statement under the
Private Securities Litigation Reform Act of 1995: The Statements
contained herein which are not historical fact are forward-looking
statements that are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in
the forward-looking statements, including, but not limited to,
risks detailed from time to time in Rangers filings with the
Securities & Exchange Commission. On behalf of the Board. For
further info please contact Jason Walsh at 604 608-6314 DATASOURCE:
International Ranger Corp. CONTACT: Jason Walsh at (604) 608-6314
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