Excerpt from Protraders webiste:-Australian-listed explorer and...

Excerpt from Protraders webiste:-

Australian-listed explorer and miner NuPower Resources (ASX: NUP) has delivered the second batch of high-grade uranium-gold assay results from Eva Prospect in the Northern Territory, confirming the existence of significant mineralisation and highlighting the Project?s outstanding exploration potential.

The latest results, which are the second and final batch of assays from the drilling program completed at Eva in the December quarter, contain exceptionally high uranium grades and significant gold intercepts.

These new assay results include EVO22 - 16m at 13,800ppm U3O8 (30.42lb/t), 8.53g/t Au from surface and 7m at 4,600ppm U3O8 (10.14lb/t), 3.77g/t Au from 19m to 26m; EVO34 - 21m at 6,000ppm U3O8 (13.23lb/t), 5.32g/t Au from 6m to 27m, including 4m at 26,000ppm U3O8 (52.32lb/t), 19.41g/t Au from 12m to 16m; EVO 36 - 12m at 5,900ppm U3O8 (13.01lb/t) , 13.39g/t Au from surface, including 2m at 22,200ppm U3O8 (48.94lb/t, 10.24g/t Au from 1m to 3m.

NuPower Executive Chairman Mick Muir said the latest results confirmed the Company?s belief that Eva was an exciting deposit with exceptional grades over significant widths at shallow depths.

Mr Muir said Eva offered outstanding exploration upside.

?The full strike extent of the structure associated with the old workings is still to be determined," Mr Muir said.

"The potential of the parallel structures were only partially tested by this exploration program, therefore the extent of the deposit remains open."

The latest results stemmed from a 50-hole drilling program, the first assays from which were announced in an ASX statement on December 15, 2009. These results included 23m at 20m at 4,160 ppm U3O8, 5.07g/t Au from 9m, including 4m at 1.26% U3O8 and 18.32 g/t Au from 27m.

Mineralisation at Eva has now been outlined over a strike length of 100m and intersected to vertical depths of 65m.

"These results have provided significant new regional geological knowledge that positively impacts the potential of the Company?s Lagoon Creek and Cobar II tenements. The Company is currently evaluating priority exploration targets on these leases, for the coming field season," Mr Muir said.