TAD (TJ) Acquires over 11,000 acres bordering NexGen in the Athabasca Basin
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Acquires today 11,000 acres Prospective for uranium bordering NexGen in the Athabasca Basin
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TJ is currently trading under 5 cents
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Just Commenced work on the "North Patterson Lake" Athabasca Basin Uranium Prospect
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Recently Commenced Airborne survey on the Hydrothermal Graphite property bordering Zenyatta Ventures Ltd.'s (ZEN-TSX Venture)
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The "Iskut Prospect" is located in the direct vicinity of the Red Chris mine owned by Imperial Metals and Colorado Resource's North Rok Discovery.
TAD Mineral Exploration Inc. ("TAD" or the "Company") (TJ-TSX Venture Exchange) is pleased to announce that it has acquired approximately 4,500 hectares (approx. 11,000 acres) in the Athabasca Basin prospective for uranium. This new property borders NexGen Energy Ltd.
James Nelson, a director of TAD stated, "We are pleased to be able to add a significant parcel of land bordering NexGen in the Basin. Clearly, the positive news yesterday from NexGen (NXE-TSX.v) and Fission (FCU-TSX.v), indicates that there is significant continued interest in the Athabasca Basin. This acquisition now gives TJ multiple prospects in this world-class uranium district. Management is now formulating a plan to investigate this new prospect, as well as look to build on the current assets in the Company, and possibly acquire additional assets."
In addition, TAD has added three new prospects. One new prospect is located in the world renowned uranium district of the Athabasca Basin in Saskatchewan in close proximity to the Alpha/ Fission Patterson Lake South discovery. Another new prospect is the Iskut copper/gold prospect near Colorado Resource's 'North Rok' discovery in British Columbia. A third new project is a hydrothermal graphite prospect bordering Zenyatta Ventures Ltd.'s (ZEN-TSX Venture) recently discovered deposit. The prospect announced today was acquired via MARS.
If you wish to be added to TAD's information list, please send an email to tadcapital@gmail.com
ON BEHALF OF THE BOARD
TAD MINERAL EXPLORATION INC.
Per: "James Nelson" James Nelson, Director
For furthe information, please contact:
James Nelson
TAD Mineral Exploration Inc.
1.604 899.9302.
www.Tadcapital.com
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Athabasca Potach Inc.
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CODE : API.TO |
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Athabasca is a exploration company based in Canada. Athabasca holds various exploration projects in Canada. Its main exploration property is THE BURR PROJECT in Canada. Athabasca is listed in Canada. Its market capitalisation is CA$ 315.8 millions as of today (US$ 309.2 millions, € 231.9 millions). Its stock quote reached its highest recent level on May 16, 2008 at CA$ 9.47, and its lowest recent point on December 24, 2008 at CA$ 0.75. Athabasca has 37 824 000 shares outstanding. |