MUR murchison united nl

re ann : 4000m drilling commenced

  1. 135 Posts.
    Uranium Drilling Commences in Mauritania,
    West Africa
    · Drilling commenced on Saturday 8 December 2007 at Bir En Nar in the
    Zednes region of Mauritania, with downhole logging and assay results to
    be released to the market as they become available.
    · Initial RC drilling program aims to drill 40 holes of approximately 100m
    each for 4,000m in total.
    · Drilling program to follow up previously reported sampling results of up
    to 9,500ppm Uranium.
    Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce that drilling has
    commenced on its second uranium drilling program in West Africa, focusing on one of its
    key Exploration Licences at Bir En Nar in the Zednes region of the Republic of
    Mauritania.
    The current drilling program is the first drilling undertaken by Murchison United within
    its extensive portfolio of uranium interests in Mauritania. It follows the successful
    completion of the Company’s maiden drilling program earlier this year at the Firawa
    prospect in Guinea, which returned encouraging initial results.
    The drilling program at the Company’s prospect in the Bir En Nar area will comprise of
    40 Reverse Circulation (RC) drill holes to an average depth of 100m per hole, for a total
    of 4,000 metres of drilling. The drilling will focus on one of the Company’s southernmost
    licences in the Zednes region, where episyenite samples collected during previous field
    reconnaissance visits have returned assays of up to 9,500ppm U.
    Samples will be taken every metre for multi-element analysis in Canada. The Company
    will release downhole logging and assay results to the market as they become available.
    Figure 1 overleaf shows the planned drill-hole locations in relation to historical
    exploration work undertaken in the region by Minatome Pty Ltd in the 1980’s. The map
    also indicates locations where samples of greater than 2,000ppm U were collected
    during previous field visits conducted by Murchison United.
    _______________________________________________________________________________________________________


    _______________________________________________________________________________________________________
    MURCHISON UNITED NL ACN 009 087 852
    ASX CODE: MUR, AIM CODE: MUU, Telephone: +618 9322 4071, Fax: +618 9322 4073
    Murchison currently holds six uranium exploration permits in Mauritania covering a total
    area of 8,200km2, with additional permits under application. The permit areas are in
    the north of the country near the town of Bir Moghrein and in the Zednes region. They
    are contained within the Reguibat Shield, part of the West African Craton.
    This significant uranium exploration opportunity was originally identified by the
    Company's Technical Director, Mr Bosse Gustafsson, from a study commissioned by the
    World Bank, and further refined from aeroradiometric data highlighting the areas’
    prospectivity for uranium occurrences and follow up field reconnaissance visits.
    Fig.3 Location of Murchison United’s Bir En Nar Project in Mauritania
    _______________________________________________________________________________________________________
    MURCHISON UNITED NL ACN 009 087 852
    ASX CODE: MUR, AIM CODE: MUU, Telephone: +618 9322 4071, Fax: +618 9322 4073
    Murchison United has secured an extensive portfolio of uranium exploration projects
    comprising some 13,600km2 of highly prospective tenements in Mauritania and Guinea,
    West Africa. Its objective is to delineate significant new uranium deposits within these
    under-explored terrains.
    Murchison United NL is an Australian-based no liability company whose
    principal activity is minerals exploration. The company currently has uranium
    exploration projects in Mauritania and Guinea in West Africa and copper
    interests in the Millennium copper/cobalt leases in Cloncurry, Queensland and
    the Maroochydore copper/cobalt project in Western Australia.
    Shares in the company are listed on both the Australian Stock Exchange (ASX -
    MUR) and the Alternative Investment Market (AIM - MUU) of the London Stock
    Exchange.
    Please call Mark Reilly with any queries.
    ……………………..
    Mark Reilly
    Managing Director



 
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