ARU 0.00% 16.0¢ arafura rare earths ltd

Found this on a Laramide press releaseTargets located on joint...

  1. 355 Posts.
    Found this on a Laramide press release

    Targets located on joint venture areas with Arafura Resources and Hartz Range Mines.
    7. Mageera Zone
    Drilled by previous explorer. This is parallel fault zone to Redtree dyke. Previous work resulted in following drill intercepts.
    WPD 3 1 meter @ 2.3 % U3O8.
    WPD 45 1 meter @ 0.18 % U3O8.
    WPD 60 1 meter @ 2.4 % U3O8 + 6.8 g/t Au.
    8. Cobar Zone.
    Previously known small scale workings in overlying Siegal Volcanics.
    9. El Hussen Trend
    Work during 2005 field season defined a 1400 meter long zone of mineralization in which twelve separate rock chip samples averaged 0.06% U3O8 over 3 meters widths.
    Highest sample was 3 meters @ 0.3 % U3O8.
    10. Anomaly 11 (Debbil Zone).
    The Debbil zone is a 5 kilometer long zone occurring in either upper Westmoreland comglomerate or possibly in Cretaceous sediments which overlie the Westmoreland Conglomerate. Three high order radiometric appear to be structurally controlled and require field checking. No previous work is reported from this zone. High priority target for the 2006 field season.
    11. Anomaly 11, (Conglo).
    Isolated high amplitude anomaly in middle of Arafura’s joint venture tenement.
    Requires field checking. High priority target
    12. Anomaly 12.
    5 kilometer long structurally controlled radiometric anomaly which occurs at the top of the Siegal Volcanics. Indicates structure was fertile during mineralizing process. Requires field checking. Anomaly located within JV area with Hartz Range Mines, priority target for 2006 field season.

    In addition to this there are a number of smaller spot anomalies which occur on the Arafura joint venture area which will receive priority on follow up in 2006 field season.
    Laramide Resources Ltd. (“Laramide”) is a Toronto-based resource company specializing in the acquisition and development of precious and base metal properties. Laramide has a diverse portfolio of assets, all of which are leveraged to improve commodity fundamentals. The Company’s lead project is the Westmoreland Project, Queensland, Australia.
 
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