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August 23, 2007
Provided an update on the Phase I drill program. Hole BCH07-8 returned 0.27% Cu and .016% Mo over 62 m from 350 m. Hole BDH07-9 returned 76 m of 0.55% Cu and 0.041% Mo from surface.
June 14, 2007
Reported that the initial eight assays previously released, returned encouraging grades up to 0.21% U308. Likewise, new samples collected from a recent discovery of mineralized hematite breccia returned assays grading up to 1.01% U308, 71 g/t silver, 0.20% Cu and 0.15% Pb. These samples also contain elevated values for molybdenum, arsenic, and rare earth elements cerium and lanthanum.
May 1, 2007
Assay results have been received on five of seven completed diamond drill holes for a total of approximately 930 metres in length. An eighth hole, designed to test for porphyry-type copper-molybdenum mineralization to a depth of 1,000 metres, is currently in progress. Highlight of drill results shows hole-BDH07-7 from 0 to 120 metres grading 0.83% Cu and 0.029% Mo (mixed oxide and sulphide), including intercept from 0 to 46 metres at 0.73% Cu and 0.014% Mo (oxide) and from 46 metres to 74 metres gading 1.45% Cu and 0.093% Mo (sulfide).