Western Uranium Corporation Announces Preliminary Drill Results From Kings Valley
21 July 2009 - 10:30PM
Marketwired Canada
Western Uranium Corporation (TSX VENTURE:WUC) ("the Company") announces that
follow-up drilling in the Albisu area at the northern end of the Kings Valley
Project has intercepted widespread low-grade gold mineralization. From May
through the end of June, the Company has completed eleven core holes for a total
of 3,320 meters in the area of ALB-04. ALB-04 intercepted 12 grams of gold over
1.5 metres from 103.7m to 105.2m and 41 metres from 154.0m to 195.1m that
averaged 0.66 g/t gold (Press release October 29, 2008). Drilling has
intercepted geochemically anomalous and intensely altered volcanic rocks
suggesting a large mineralizing system has been active in the area. Incomplete
assay results have been received for a number of the holes. The results received
to date are highly encouraging and given the widespread nature and continuity of
the gold mineralization suggests that more prospective areas of the system may
not have been identified to date.
Low grade, wide intercepts of gold with scattered narrower zones of higher grade
have been encountered in many of the holes. The gold occurs in hydrothermally
altered brecciated volcanic rocks that exhibit strong argillization,
silicification and sulphide veining characteristic of high level epithermal
systems. Occurring with the gold and throughout the holes are geochemically
elevated intervals of silver, arsenic, cobalt, chromium, mercury, molybdenum,
and vanadium. Additional field work is underway to re-evaluate the surface
geology using the data from the drilling to assist in better defining potential
mineralizing controls to focus the next phase of drilling.
PARTIAL RESULTS are listed below with additional results to follow in 4-6 weeks.
Hole Interval Thickness
Number Azimuth Angle TD (meters) (meters) Au g/t
--------------------------------------------------------------------------
ALB-05 180 -60 289 32-35 3m 0.336
222.5-289 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-06 270 -70 289 10.7-32.0 21.3m 0.134
89.9-144.8 - RESULTS PENDING
147.9-173.8 25.9m 0.381
(161-167.7) (6.7m) (0.616)
176.8-289 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-07 220 -60 240 ALL RESULTS PENDING
--------------------------------------------------------------------------
ALB-08 130 -60 231 38.7-40.2 1.5m 0.354
0-77.7 - RESULTS PENDING
91.5-137.2 - RESULTS PENDING
137.2-141.8 4.6m 0.327
144.8-231 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-09 270 -65 350 53.3-71.6 18.3m 0.109
175.3-181.4 6.1m 0.174
205.8-213.4 7.6m 0.206
265.2-312.5 47.3m 0.216
324.1-350 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-10 240 -65 337 295.7-321.6(ii) 25.9m 0.481
0-51.8 - RESULTS PENDING
51.8-61.3 - ANOMALOUS GOLD
61.3-294.2 - RESULTS PENDING
32.2-337 - RESULTS PENDING
(ii) INCLUDES 10.7 m from 306.4 - 317.1 of 0.623 g/t au, 4.8 g/t silver
and 0.059% MoS
--------------------------------------------------------------------------
ALB-11 300 -60 228
0-36.6 - ANOMALOUS GOLD
36.3-228 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-12 315 -60 288
0-13.7 - RESULTS PENDING
13.7-117.4 - ANOMALOUS GOLD
117.4-174.1(ii) 56.7m 0.184
(ii) INCLUDES 3 m from 166.2 - 169.2 of 0.89 g/t au
174.1-288 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-13 135 -60 438
0-192.1 - RESULTS PENDING
192.1-277.1 - ANOMALOUS GOLD
277.1-282 - RESULTS PENDING
282-302 20.0m 0.259
302-311 - ANOMALOUS GOLD
311-344.5 33.5m 0.242
344.5-411.6 - RESULTS PENDING
413.1-417.7 4.0m 1.37
417.7-438 - RESULTS PENDING
--------------------------------------------------------------------------
ALB-014 315 -60 285 ALL RESULTS PENDING
--------------------------------------------------------------------------
ALB-015 135 -80 345 ALL RESULTS PENDING
--------------------------------------------------------------------------
Although the levels of gold are low, the widespread elevated levels of gold
along with the other elements that are elevated above background levels suggest
that with additional exploration a gold discovery may be possible.
WUC QA/QC Program
Quality Control and Assurance for all sampling projects at Kings Valley is under
the direction of Mr. John Rice a Qualified Person as defined by National
Instrument 43-101 standards. Core samples are collected daily from the drill
site and transported back to the field office where WUC personnel photograph
each box. WUC geologists then log the core noting rock types and alteration. The
core is then split and packaged in sealed heavy weight polyethylene bags. Core
samples are delivered by WUC employees to American Assay Laboratories located in
Sparks, Nevada.
American Assay Laboratory's quality control system complies with the
requirements for the International Standards ISO 9001:2000 and ISO 17025:1999.
Analytical accuracy and precision are monitored by the use of reagent blanks,
reference samples, and sample duplicates. Additionally, WUC selects duplicate
samples which are then submitted to a third party lab for separate confirmation
analysis.
About the Company
Western Uranium Corporation is a mineral exploration company. The Company has
exploration properties in Nevada, New Mexico and in the Thelon Basin, Nunavut
and the Northwest Territories. The Company has its head office in Vancouver,
Canada; its executive management team is based in Reno, Nevada.
The contents of this press release were reviewed by Ms. Pamela Klessig for WUC.
Ms. Klessig has sufficient experience to review this release and is a Qualified
Person as defined by NI 43-101.
On behalf of the Board of Western Uranium Corporation
Pamela J. Klessig, President & CEO
Western Uranium Corp. (TSXV:WUC)
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