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Re: News Release - Tuesday, December 11, 2007
Airborne Geophysics Identifies New Targets and Corroborates
Historic Uranium Prospects on South Baker
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Vancouver, December 11, 2007 - Uranium North Resources Corp (UNR -
TSX-V) announces that preliminary airborne geophysical survey data over
the 100% owned South Baker Property in Nunavut identifies new
prospective uranium targets and corroborates known prospects on the
property.
The 794,379 acre South Baker property hosts up to 12 known historic
uranium prospects, five of which have drill-confirmed uranium
mineralization.
This is the first comprehensive survey flown in the area since 1976.
Using modern airborne radiometric and magnetic methods Uranium North
has identified numerous new anomalies and detected previously known key
prospects such as KAM, Hawk and L1.
Highlights from initial review of the preliminary magnetic and total
count radiometric data for the property are provided below. More
detailed information will be provided upon completion of a
comprehensive final interpretation of the geophysical data.
Hawk Prospect - Several radiometric anomalies have been identified near
the known Hawk uranium prospect. These anomalies are 200-500 metres in
diameter and include areas coincident with boulder samples collected in
2007 that have yielded U3O8 values ranging from less than 0.1 to 4.39%.
At least two of the radiometric anomalies appear to be new and untested
by previous explorers.
KAM Prospect - Linear magnetic low features identified from the
magnetic data, which may relate to structurally controlled alteration
associated with uranium mineralization, are coincident with a uranium
bearing boulder train that extends for approximately two kilometres.
Further, a radiometric anomaly identified along the magnetic low
feature is coincident with uraniferous boulders collected in 2007 that
have yielded U3O8 values ranging from less than 0.1 to 2.98%.
L1 Prospect - A radiometric anomaly has been identified at L1. It is
coincident with uranium enriched boulders collected in 2007 that
yielded U3O8 values ranging from less than 0.1 to 3.7%.
A total of 16,500 line kilometres of geophysical surveying was
completed by Terraquest Limited between late August and mid October
2007. The majority of the survey was flown along lines 200 metres apart
with 100 metres line spacing over the KAM and L1 prospects.
Approximately 74% of the property was surveyed before the program was
terminated, due to weather conditions.
Also in 2007, a total of 873 rock samples and 269 soil samples were
collected on the property. Laboratory analyses have been received and
are currently subject to compilation and interpretation.
W.E. Brereton (P.Eng.) and J.S. Brett (P.Geo.) of MPH Consulting
Limited are Uranium North's qualified persons responsible for the
design and interpretation of the geochemical and geophysical programs,
respectively.
On behalf of Uranium North Resources
Mark Kolebaba President and CEO
Uranium North Resource Corp
Corporate Communication- Heather Kays
Tel: 604-484-7120
Fax: 604- 484-7143
Website: www.uraniumnorth.com
Email: info@uraniumnorth.com
Forward-Looking Information
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release
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,
exploitation 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, exploitation and 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
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Copyright (c) 2007 URANIUM NORTH RESOURCES CORP,. (UNR) All rights
reserved. For more information visit our website at
http://www.uraniumnorthresources.com/ or send
mailto:info@uraniumnorthresources.com
Message sent on Tue Dec 11, 2007 at 8:07:21 AM Pacific Time
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