UNR Uranium North Resources Corp.

Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX
VENTURE:UNR) announces the completion of the 2011 drill program on the Company's
100% owned Mallery project in Nunavut. Five drill holes totaling 750 metres were
drilled into three known mineralized zones.


"All drill holes intersected silica and quartz veining as anticipated. This is
very encouraging as gold is associated with silica on the Mallery property,"
says Mark Kolebaba, President and CEO of Uranium North Resources. 


The Eastern, Northwest and Stockwork zones were drilled. A broad resistivity
anomaly associated with the Stockwork Zone was also tested and confirmed to be
caused by intensive silica alteration and quartz veining. Laboratory results for
the drill core are pending.


The Mallery project is located approx. 130 km Southwest of Baker Lake in
Nunavut. Surface sampling of mineralized zones at Mallery has yielded gold
values as high as 54 g/T and 272 g/T Ag. This is the first drill program on the
property.


Bruce Kienlen, P.Geol, and Graham Gill P.Geo, are Qualified Persons as defined
by National Instrument 43-101, assisting in reviewing data for this property. 


About Uranium North 

Uranium North Resources is a multi-commodity company focused on gold, silver and
uranium in Nunavut. All properties are 100% owned including the Amer Lake
uranium deposit, one of the largest uranium resources in Nunavut. The Company
completed drilling on the Amer Lake uranium property and the Mallery gold/silver
property as part of the 2011 exploration program. 


On behalf of Uranium North Resources 

Mark Kolebaba, President and CEO 

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address exploration drilling, activities and events or developments
that Uranium North Resources Corp (the "Company") expects to occur, are
forward-looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward looking statements include market prices, exploration
successes, and continued availability of capital and financing and general
economic, market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results or
developments may differ materially from those projected in the forward-looking
statements. The Company does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise.

Uranium North Resources Corp. (TSXV:UNR)
Historical Stock Chart
From Jun 2024 to Jul 2024

Uranium North Resources Corp. (TSXV:UNR)
Historical Stock Chart
From Jul 2023 to Jul 2024