** alert * maitland uranium project ** The announcement made...

** alert * maitland uranium project ** The announcement made yesterday by KOR has clearly been missed by the uranium punters. It is as good as today's announcement by RPT which has resulted in RPT jumping in price and having turnover of over 66 million shares.

Here is some of what KOR released:

"Lake Maitland was discovered in 1971 and is recognised as a major surficial calcrete uranium deposit. The deposit is estimated to contain 7,860 tonnes of uranium oxide. Lake Maitland deposit is between 1 and 3 metres thick, 300 to 500 metres wide, about 6 km in length and extends north-south. The base of uranium mineralisation is up to 5 metres deep."

"The Maitland JV covers an area of 160.44 square kilometres and is adjacent to the Lake Maitland uranium deposit in the Yandal belt in Western Australia some 130 kilometres south east of Wiluna."

KOR has obtained prime ground right next to a "major ....uranium deposit." Just as RPT's price jumped, so there should also be positive market moves for KOR upon the acquisition of this prime uranium exploration ground.