Ucore Uranium reports deep drilling at Dotson Trend

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Mon, Dec 14, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Ucore Uranium Inc. reports additional assay results from the 2009 drill program at Bokan-Dotson Ridge in southeast Alaska.

The 2009 program, administered under Ucore’s wholly owned U.S.–based subsidiary, Rare Earth One, completed a total of 2,840 metres of core from 27 diamond drill holes. The 2009 drilling focused primarily on the road-accessible Dotson Trend, with additional drilling at the Geoduck, Cheri and Sunday Lake areas. The drill hole assays summarized in this release, all collared along the centrally located Dotson Trend, represent the balance of outstanding holes from the 2009 program.

Ucore’s President and CEO Jim McKenzie says:

“Drill results from the Dotson Trend continue to offer exceptional concentrations of the valuable heavy rare earth elements.”  “More compelling, however, is the fact that our deepest holes to date, holes 72 and 73, give results that essentially mirror the total rare earth content of earlier shallow holes along the Dotson Trend. This is consistent with an important cornerstone of the historical US Bureau of Mines model for the area, which calls for persistence of mineralization at depth. Increasingly, current exploration confirms the historical model and indicates the presence of a significant heavy rare earth deposit, one that is easily accessible and perhaps most importantly, located within the United States, one of the world’s largest consumers of these critical technology metals.”

For complete details of this press release, click this link.

To view Ucore Uranium’s company profile, click here.

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