White Canyon Uranium Limited: Initial Drilling at Lark Royal Project Hits 8' of 0.21% U308
05 Novembre 2010 - 4:38PM
Marketwired Canada
Utah based uranium producer, White Canyon Uranium Limited (TSX
VENTURE:WU)(ASX:WCU) ("White Canyon" or "the Company) is pleased to report that
as part of its program to expand reserves at its Lark Royal claim, the initial
exploration drilling has intersected 8' of 0.21% U3O8. The company will move
into the next phase of technical data gathering to further document the
potential at Lark Royal and anticipates underground development as soon as
sufficient data is assembled.
The Lark Royal project is 100% owned by White Canyon and lies immediately
adjacent to the company owned Daneros project which has been producing ore since
2009. Both Lark Royal and Daneros are in close proximity to the Denison Mill in
Blanding, Utah which began milling ore from the Daneros mine on October 29, 2010
under a toll milling agreement with White Canyon.
About White Canyon Uranium:
White Canyon listed in March 2008 as an advanced uranium exploration company
holding 100% interest in the advanced Thompson, Daneros, Lark Royal, Geitus,
Blue Jay and Marcy Look Projects in south-east Utah, comprising of approximately
15,500 acres of mining claims and mineral leases. The projects contain JORC (NI
43-101) defined high grade uranium deposit. White Canyon entered the ranks of
uranium producers in December 2009 with first production from the Daneros mine.
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