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Re: News Release - Wednesday, September 10, 2008
Uranium North Intersects Zones of Anomalous Radioactivity in Five
Drill Holes on South Kam Project
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Vancouver, September 10, 2008 -Uranium North Resources Corp. (UNR -
TSX-V) announces that the drilling program on the South Baker property
in Nunavut is complete and sample results are pending. The 2008 South
Baker program focused on two of the 12 known prospects; South KAM and
Hawk.
The objective of the South KAM exploration program was to further
outline and expand known mineralized zones. Five of the six holes
completed during the drill program intersected zones with anomalous
radioactivity, while drill-hole four, located two kilometers west of
the South Kam prospect, did not reach bedrock. The drilling has
outlined what appears to be two or more north - south trending zones
that are open to the north, south and to depth. All holes were drilled
at a 45 degree angle to a depth of about 200 metres. Drilling only
tested to a maximum vertical depth of about 130 metres. The Company
anticipates that the uranium mineralization extends below the tested
depth and that similar uraniferous zones may exist to the west. More
than 160 core samples have been submitted for uranium assays.
At Hawk, three drill holes were completed during the 2008 program.
Anomalous radioactivity was intersected in two of the holes. A total of
69 samples have been submitted for analysis.
W.E. Brereton, P. Eng, of MPH Consulting Limited is Uranium North's
qualified person with respect to these projects, and has reviewed and
approved the technical information in this release.
About Uranium North
Uranium North has assembled a highly skilled exploration team who are
working to make the next big discovery in Canada's established uranium
basins: the Athabasca in northern Saskatchewan, and the Thelon and
Baker Lake Basins in Nunavut. In 2008, the company anticipates
operating drill programs on three of its foundational properties and
spending approximately C$4 million on advanced exploration.
On behalf of Uranium North Resources Corp.
Mark Kolebaba, President and CEO
For additional information please contact:
Uranium North Resource Corp.
Corporate Communications - 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,
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, 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) 2008 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
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