Drilling Underway on Universal's Nevada Gold Property
09 September 2009 - 11:03PM
Marketwired Canada
Universal Uranium Ltd. (TSX VENTURE:UUL) (the "Company") is pleased to report
that its drilling program on its newly acquired Tact Project in Humboldt County,
Nevada is underway. Four holes have been completed for a total of 2,010 feet
(612.8 meters). The program includes 15 to 20 reverse circulation drill holes
from 15 permitted sites within the project boundary. The total program is
estimated at 7,000 to 8,000 feet (2135 to 2439 meters). This program will test
four separate targets previously defined by historic work. Three of the targets
are surface gold anomalies with grades up to 4.5 g/t gold. The fourth target
will test a pediment structure defined by geophysical surveys.
Construction of access roads for drilling has allowed mapping and sampling of
additional altered zones. This process resulted in the collection of over 89
rock chip samples across altered fault zones exposed within the road cuts. The
samples ranged from 2 to 35 feet (0.6 to 10.7 meters) true thickness across
structural zones containing quartz and iron oxides. The mapping information and
samples collected from these road cuts will provide three dimensional definition
to mineralized zones when combined with drilling.
UUL's Tact property is favorably situated in Buffalo Valley approximately 4
miles (6.4 km) south and along trend with Newmont Mining's Lone Tree gold mine
(2 million ounces), 2.5 miles (4 km) northwest of Mineral Ventures Gold Converse
deposit (3.9 million ounces) and 6 miles (9.6 km) west of Barrick-Goldcorp's
Marigold gold mine (4.5 million ounces).
Information with respect to the Tact - Buff properties contained in this press
release is approved by Bert W. Jeffries, PGeo, qualified person required under
National Instrument 43-101.
Universal Uranium Ltd. (TSX VENTURE:UUL) is a publicly held Canadian exploration
company focused on acquiring, exploring and developing mineral properties
located in favorable geo-political climates. The company is led by a highly
skilled, experienced board and management team with significant successes in
managing early stage mineral exploration companies.
ON BEHALF OF THE BOARD:
Ronald Atlas, President & Chairman of the Board
The Company seeks Safe Harbour.
Standard & Poor's Listed
Issued Share Capital: 47,284,068
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