International Ranger Corp. Announces Approval for the Extension of the Drill Permits on the Whiskey Gap Uranium Project
2006年2月7日 - 6:46AM
PRニュース・ワイアー (英語)
IRNG Pink Sheets VANCOUVER, Feb. 6 /PRNewswire-FirstCall/ --
International Ranger (the "Company") announces that the Drilling
Permits have been extended for the Whiskey Gap Uranium project
which will allow the Company to return to its planned 40 drill hole
program sooner than previously stated. Drill contracts are
presently being negotiated. It is anticipated that drilling will
commence approximately the third week of February. 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. The
Company 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 Ranger's 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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