Majescor Resources Inc. and Strateco Resources Inc. report that they have executed a definitive option agreement for Majescor’s Mistassini uranium property. The Property is host to the Lac Mantouchiche uranium showing where Majescor drilled an 18.5-metre intersection grading 0.215% U3O8 near-surface in hole MIST-07-03 . Strateco is currently planning an exploration program for the Property with...
Azimut Exploration Inc. and its partner Majescor Resources Inc. report encouraging results from their summer 2008 exploration program at the West Minto property in Nunavik, Quebec. A 10-day prospecting program allowed for a preliminary assessment of 17 kilometric-scale target areas that were previously defined by helicopter-borne geophysics (press release of October 11, 2007). Uranium mineralization...
Majescor Resources Inc. and partner Azimut Exploration Inc. report encouraging results from their summer 2008 ground reconnaissance program at the West Minto property, Nunavik, northern Quebec. During the course of a 10-day field program, uranium mineralization was uncovered in both outcrop and in boulders across a 30-km portion of the AB claim block, with assays of up to 0.90% U3O8 (19.7 lbs/ton)...
Majescor Resources Inc. is pleased to report that detailed ground radiometric surveying within the 30 km-long prospective corridor identified in 2007 on the South Rae property, under option from Azimut Exploration Inc. (“Azimut”) (CDNX:AZM.V), has outlined two uranium-bearing outcropping zones greater than 4 km long by up to 400 m wide. At the Qairajutait Zone, located at the north end...
Majescor Resources Inc. is pleased to report the results from the reprocessing of proprietary geophysical data from a 6,302 line-km airborne magnetic, electromagnetic and gamma-ray spectrometric survey flown in 2006 across portions of the Company’s 100%-owned Baker Lake uranium property. The Baker Lake property is located in the East Thelon basin area of Nunavut. Majescor acquired 100% of the...
Majescor Resources Inc. is pleased to provide supplementary data on its significant uranium drill intersection at its 100%-owned Lac Mantouchiche uranium prospect located on the Mistassini property, in the Otish Mountains of Quebec (uranium rights under option to Strateco Resources Inc.; 721 claims, 384 km2). Based on recently received additional core assays, the Lac Mantouchiche intersection has been...
Mr. George Sanders, President, Consolidated Pacific Bay Minerals Ltd. is pleased to report that a diamond drill and crew have been secured for the Otish ground program and that an airborne uranium survey is now underway over the Company’s claims in the Papaskwasati and Matoush regions of the Otish Mountains, Quebec. The drill is scheduled to be mobilized to PacBay’s “Camp Alfred”...