Drilling Underway on Universal's Nevada Gold Property
09 September 2009 - 3:00PM
Marketwired
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
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Universal Uranium Ltd. William Galine Executive Vice
President (604) 662-3903 bgaline@universaluranium.com
www.universaluranium.com
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