Cue Resources Ltd. Reports High Uranium Recoveries From Metallurgical Testing at the Yuty Uranium Project, Paraguay
27 Marzo 2008 - 2:30PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: CUE) is pleased to
announce that metallurgical test work on samples from the San
Antonio zone on the Yuty Uranium Project has yielded high uranium
recoveries. Two samples, tested by John Litz, LLC, of Denver, CO
gave uranium recoveries of 96.7% and 86.0% respectively.
Core sample MT008, from drillhole SA1009, had a head grade of
0.055% U3O8, and a recovery of 96.7%. Core sample MT021, from
drillhole SA1015, had a head grade of 0.060% U3O8, and a recovery
of 86.0%.
The tests were carried out on the two core samples over an eight
day period, using stirred tall-form 1000 ml beakers. The samples
were crushed to minus 8-mesh using a jaw crusher followed by a roll
crusher. Both samples were leached with a solution of 58g sulfuric
acid per liter. After 24 hours, 2 grams of sodium chlorate were
added to each test, equivalent to 13.3 lb/short ton. After 48 hours
an additional 60 grams of 33% sulfuric acid was added to each test,
and after 72 hours one gram of sodium chlorate was added to
MT-012.
Chris M. Healey. P.Geo, COO Cue, is the qualified person
responsible for the technical content of this release.
Cue has the right to earn a 100% interest in the project; it
currently owns a 30% interest in Transandes Paraguay, S.A. and is
in the process of completing an earn-in for the remaining 70%.
Transandes has an exploration permit granting the exclusive rights
to explore for uranium on the Yuty project in south-east
Paraguay.
CUE RESOURCES LTD.
Chris Healey, Chief Operating Officer
WARNING: The Company relies on litigation protection for
"forward looking" statements. Actual results could differ
materially from those described in the news release as a result of
numerous factors, some of which are outside the control of the
Company. This news release does not constitute an offer to sell or
a solicitation of an offer to sell any of the securities in the
United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
News Release.
Contacts: Cue Resources Ltd. Chris Healey Chief Operating
Officer (604) 921-1810 (604) 921-1898 (FAX)
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