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Uranium Star Completes Trenching Program; Targets 200 Million Tonne Vanadium Deposit on Green Giant Project
Posted at 4:21 p.m. on January 1, 2009
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (“Uranium Star” or “the Company”) announces it has completed a total of 56 trenches on its Green Giant Vanadium Project in Madagascar. The Company has confirmed a 18-kilometre mineralized strike length of vanadium and identified further high-grade mineralization.
Company Targets 200 Million Tonne Minimum Deposit
The results of the 2008 drilling program indicated that vanadium values within the near-surface oxide zone are enhanced over those from primary mineralization. The current trenching program aims to provide a detailed assessment of the widths and grade of this style of vanadium mineralization and ultimately use it to assist in designing a drill program. An extensive drill program is planned for later in the year that will allow Uranium Star to calculate a compliant resource statement that can be used in an economic assessment of the property. The Company’s objective in the upcoming drill program is to define a minimum of 200 million tonnes of appreciable vanadium mineralization.
Company Confirms Entire 18km Vanadium Strike Length is Mineralized
Bill Nielsen, P.Geo., Director of Uranium Star and Project Manager has just returned from Madagascar and has been able to verify that there is an extensive stratigraphic zone that hosts the majority of vanadium mineralization defined to date. This can be readily interpreted from Uranium Star’s airborne geophysical survey flown in 2007. The mineralized zone is interpreted to pinch and swell along its entire strike length of over 18 kilometres, as well as up and down dip.
Discovery Deposit Characteristics
Extensive trenching, using three mechanical excavators, was conducted over the entire length of the property, a distance of greater than 18 kilometers. Initial analytical results have been received from all the trenches utilizing the Company’s hand-held XRF units.
The XRF units being used are state-of-the-art exploration tools that are currently used for accurate, in-the-field analysis of rocks and soils. Past experience indicates that these units very adequately generate vanadium values that can be utilized with confidence. A comparison of the 2008 drill results between the XRF and commercial laboratory assays was very strong. All trench samples are being sent to the NATA accredited Genalysis Services Laboratory in Perth, Australia for verification of the XRF results. A rigorous QAQC program is in place and being overseen by Taiga Consultants Ltd. to ensure accuracy of analytical results.
The XRF results from this trenching program have been consistent in clearly outlining the vanadium mineralization along the strike length of the property as was predicted by soil sampling, airborne geophysics (resistivity and electro-magnetics) and radiometric data. The Company is currently using a black shale hosted deposit model to explain this large vanadium occurrence and have hired consultant Dr. C. Tucker Barrie, Economic Geologist at C.T. Barrie and Associates, to further enhance this deposit scenario. Sediment-hosted vanadium deposits are rare, with less than 10% occurrence globally, and this unique situation has certain positive economic scenarios which the Company hopes to capitalize on as the project moves forward.
Outline of Mineralized Zones
At the south or Jaky Zone, 15 trenches were dug that extended over a 2.2 kilometer strike length with a 500 meter section having trenches established 100 meters apart. The XRF results indicate that the widest widths of mineralization on the property occur in this area. A high-grade core is apparent with grades in excess of 1.0% V2O5. Highlights include 0.65% V2O5 over 218 metres, including 1.30% V2O5 over 32 metres for trench TR-09-002, and 0.62% V2O5 over 270 metres, including 1.30% V2O5 over 45 metres for trench TR-09-039.
A 6.5 kilometer strike length of the mineralized trend located immediately north of the Jaky Zone that is largely overlain by a thin laterite cover was excavated at approximately 1 kilometer intervals. It has subsequently been determined that a number of these trenches were dug too far to the west and consequently missed the main mineralized trend. An eastern extension of Trench 45, however, clearly defined the vanadium zone.
North of the laterite cover lays the Manga Zone that was excavated over a strike length of 4.5 kilometers with 25 trenches. Trenches are 200 to 400 meters apart and again a high-grade core of mineralization is observed. Highlights include 1.16% V2O5 over 30 metres for TR-09-044, and 0.92% V2O5 over 58 metres for TR-09-050.
Two kilometers north of the Manga Zone, a series of 12 trenches were established over a strike length of 2.7 kilometers to within 400 meters of the north boundary of the property. This is known as the Mainty Zone. As predicted from soil and geophysical results, the vanadium mineralization is diminishing in strength in the last trench to the north on this zone.
Approximately 2.5 kilometers to the west of the Mainty Zone lies the Fondrana Zone that was tested with two trenches. Graphitic rich sediment is prominent in this target area, which appears to be associated with a completely different stratigraphic level to that which host the main vanadium trend.
The following table defines the XRF results for V2O5 from the 56 trenches established. Results are displayed with trench locations established in sequence from south to north.
Trench #
Target
UTM
V2O5
length
UTM
UTM
Northing
(%)
(m)
From
To
TR-09-001
Jaky
7336600
0.51
120
501300
501420
incl.
7336600
0.65
32
501326
501358
incl.
7336600
0.70
18
501372
501390
TR-09-038
Jaky
7336700
0.63
214
501278
501492
Incl.
7336700
0.75
61
501299
501360
Incl.
7336700
0.98
36
501375
501411
Incl.
7336700
0.99
19
501423
501442
Incl.
7336700
0.74
10
501456
501466
TR-09-002
Jaky
7336800
0.65
218
501300
501518
Incl.
7336800
1.30
32
501428
501460
Incl.
7336800
0.68
26
501460
501486
TR-09-039
Jaky
7336900
0.62
270
501312
501582
Incl.
7336900
0.85
24
501368
501392
Incl.
7336900
0.64
19
501392
501411
Incl.
7336900
0.66
28
501425
501453
Incl.
7336900
1.30
45
501453
501498
Incl.
7336900
0.61
24
501498
501522
TR-09-003
Jaky
7337000
0.63
248
501361
501609
Incl.
7337000
1.38
58
501481
501539
TR-09-054
Jaky
7337100
0.56
210
501426
501634
Incl.
7337100
1.24
46
501520
501566
Incl.
7337100
0.51
34
501566
501600
TR-09-004
Jaky
7337200
0.52
226
501427
501653
Incl.
7337200
1.01
50
501537
501587
TR-09-055
Jaky
7337300
0.57
80
501561
501641
Incl.
7337300
0.99
15
501580
501595
Incl.
7337300
0.66
10
501631
501641
TR-09-005
Jaky
7337400
0.44
12
501531
501543
TR-09-006
Jaky
7337660
0.44
74
501602
501676
Incl.
7337660
0.61
34
501632
501666
TR-09-007
Jaky
7337800
1.02
16
501756
501772
TR-09-011
secondary
7338000
0.52
48
502062
502110
Incl.
7338000
0.82
20
502072
502092
TR-09-012
Structure
7339200
0.57
36
502140
502176
Incl.
7339200
0.65
20
502148
502168
TR-09-013
Structure
7340990
0.21
52
502342
502394
Incl.
7340990
0.63
14
502424
502438
TR-09-048
Plateau
7341800
0.22
4
502477
502481
TR-09-047
Plateau
7342600
TR-09-046
Plateau
7343400
0.25
17
502861
502878
Incl.
7343400
0.34
28
502914
502942
TR-09-045
Plateau
7344400
0.45
147
503005
503152
Incl.
7344400
0.82
24
503126
503150
TR-09-040
Manga
7345600
0.46
116
503205
503321
Incl.
7345600
0.64
71
503260
503321
Incl.
7345600
0.79
11
503280
503291
Incl.
7345600
0.90
9
503303
503312
TR-09-041
Manga
7345800
0.56
163
503200
503363
Incl.
7345800
0.79
70
503268
503338
TR-09-042
Manga
7346000
0.41
189
503201
503390
Incl.
7346000
0.82
20
503310
503330
TR-09-043
Manga
7346200
0.42
197
503236
503422
TR-09-043
Manga
7346200
1.00
21
503322
503343
TR-09-043
Manga
7346200
0.54
37
503385
503422
TR-09-044
Manga
7346400
0.68
82
503339
503421
Incl.
7346400
1.16
30
503366
503396
Incl.
7346400
0.80
7
503407
503414
TR-09-014
Manga
7346575
0.57
74
503379
503453
Incl.
7346575
0.92
32
503397
503429
TR-09-015
Manga
7347000
0.57
25
503440
503465
Incl.
7347000
1.03
3
503477
503480
TR-09-016
Manga
7347200
0.83
12
503444
503456
TR-09-017
Manga
7347400
0.53
18
503448
503466
TR-09-049
Manga
7347600
0.48
110
503390
503500
incl.
Manga
7347600
0.87
34
503437
503471
TR-09-050
Manga
7347800
0.77
77
503447
503524
Incl.
7347800
0.92
58
503447
503505
TR-09-051
Manga
7348170
0.54
95
503427
503522
Incl.
7348170
0.95
29
503486
503515
TR-09-052
Manga
7348400
0.54
89
503442
503531
incl.
Manga
7348400
0.89
35
503491
503526
TR-09-053
Manga
7348600
0.43
55
503495
503550
incl.
7348600
0.70
9
503506
503515
incl.
7348600
0.50
21
503523
503544
TR-09-037
Manga
7348800
0.60
37
503499
503536
TR-09-036
Manga
7349000
0.39
50
503523
503570
TR-09-035
Manga
7349200
0.60
29
503569
503598
TR-09-034
Manga
7349390
0.58
60
503550
503610
TR-09-033
Manga
7349600
0.55
52
503556
503603
TR-09-032
Manga
7349780
0.45
48
503564
503612
Incl.
7349780
0.83
11
503574
503585
TR-09-031
Manga
7349980
0.51
28
503561
503589
TR-09-028
Manga
7350200
0.29
53
503504
503557
TR-09-027
Manga
7350386
0.33
90
503564
503654
Incl.
7350386
1.06
2
503633
503635
Incl.
7350386
0.88
4
503647
503651
TR-09-030
Mainty
7352600
0.59
8
503652
503661
TR-09-029
Mainty
7353400
0.75
47
503825
503872
Incl.
7353400
0.99
28
503836
503864
TR-09-023
Mainty
7353810
0.75
34
503990
504024
TR-09-024
Mainty
7354000
0.30
7
504194
504201
TR-09-022
Mainty
7354120
0.64
98
504134
504232
Incl.
7354120
0.69
16
504134
404150
Incl.
7354120
0.88
45
504163
504209
Incl.
7354120
1.09
28
504174
504202
TR-09-020
Mainty
7354200
0.46
143
504089
504232
Incl.
7354200
1.19
4
504104
504108
Incl.
7354200
0.77
42
504122
504165
TR-09-021
Mainty
7354300
0.69
100
504124
504224
Incl.
7354300
1.05
51
504140
504191
TR-09-019
Mainty
7354395
0.77
105
504147
504252
Incl.
7354395
0.91
82
504170
504252
Incl.
7354395
1.00
71
504170
504241
TR-09-018
Mainty
7354800
0.51
4
504361
504365
Incl.
7354800
0.84
6
504388
504394
TR-09-010
Mainty
7355010
0.84
30
504445
504475
TR-09-009
Mainty
7355200
0.29
74
504492
504566
TR-09-025
Fondrana
7355125
0.38
112
502025
502137
Incl.
7355125
1.15
4
502034
502038
Incl.
7355125
0.57
34
502093
502127
TR-09-026
Fondrana
7355325
0.63
140
502135
502275
Incl.
7355325
0.86
24
502140
502164
Incl.
7355325
0.84
21
502183
502204
Incl.
7355325
0.61
71
502204
502275
Worldwide Potential for Vanadium
The Company has recently announced a major vanadium discovery in Madagascar, and is now preparing for the project’s advancement. Vanadium is a strategic mineral that when added to steel creates a product that is lightweight but extremely high in tensile strength and wear resistance.
Solar, wind and geothermal power will not be fully effective without an efficient way to store it in a commercialized and scalable manner. Vanadium has exceptional qualities in battery technology applications. It has the ability to absorb and release huge amounts of electricity instantaneously, and will play a pivotal role in the emergence of battery power and energy storage.
About the Company
Uranium Star Corp. is a rapidly emerging exploration company with assets in Madagascar (Vanadium) and Northern Quebec (Uranium). Its shares are traded on the OTCBB under the symbol URST and on the Frankfurt Exchange under the symbol YE5.
Bill Nielsen, P.Geo., Director and Project Manager is the qualified person for this report.
Taiga Consultants Ltd. is supervising Uranium Star’s exploration activities under the direction of Claude Aussant, P.Geo, on the Green Giant Vanadium Project in Madagascar.
For more information on the Green Giant Project and up-to-date pictures from the field, please visit our website at www.uraniumstar.com
Contact:
Brent Nykoliation
Vice President of Business Development
Uranium Star Corp.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@uraniumstar.com
Kirk McKinnon, President & CEO
Richard Schler, Chief Operating Officer & CFO
WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (“Uranium Star” or “the Company”) announces it has completed a total of 56 trenches on its Green Giant Vanadium Project in Madagascar. The Company has confirmed a 18-kilometre mineralized strike length of vanadium and identified further high-grade mineralization.
Company Targets 200 Million Tonne Minimum Deposit
The results of the 2008 drilling program indicated that vanadium values within the near-surface oxide zone are enhanced over those from primary mineralization. The current trenching program aims to provide a detailed assessment of the widths and grade of this style of vanadium mineralization and ultimately use it to assist in designing a drill program. An extensive drill program is planned for later in the year that will allow Uranium Star to calculate a compliant resource statement that can be used in an economic assessment of the property. The Company’s objective in the upcoming drill program is to define a minimum of 200 million tonnes of appreciable vanadium mineralization.
Company Confirms Entire 18km Vanadium Strike Length is Mineralized
Bill Nielsen, P.Geo., Director of Uranium Star and Project Manager has just returned from Madagascar and has been able to verify that there is an extensive stratigraphic zone that hosts the majority of vanadium mineralization defined to date. This can be readily interpreted from Uranium Star’s airborne geophysical survey flown in 2007. The mineralized zone is interpreted to pinch and swell along its entire strike length of over 18 kilometres, as well as up and down dip.
Discovery Deposit Characteristics
Extensive trenching, using three mechanical excavators, was conducted over the entire length of the property, a distance of greater than 18 kilometers. Initial analytical results have been received from all the trenches utilizing the Company’s hand-held XRF units.
The XRF units being used are state-of-the-art exploration tools that are currently used for accurate, in-the-field analysis of rocks and soils. Past experience indicates that these units very adequately generate vanadium values that can be utilized with confidence. A comparison of the 2008 drill results between the XRF and commercial laboratory assays was very strong. All trench samples are being sent to the NATA accredited Genalysis Services Laboratory in Perth, Australia for verification of the XRF results. A rigorous QAQC program is in place and being overseen by Taiga Consultants Ltd. to ensure accuracy of analytical results.
The XRF results from this trenching program have been consistent in clearly outlining the vanadium mineralization along the strike length of the property as was predicted by soil sampling, airborne geophysics (resistivity and electro-magnetics) and radiometric data. The Company is currently using a black shale hosted deposit model to explain this large vanadium occurrence and have hired consultant Dr. C. Tucker Barrie, Economic Geologist at C.T. Barrie and Associates, to further enhance this deposit scenario. Sediment-hosted vanadium deposits are rare, with less than 10% occurrence globally, and this unique situation has certain positive economic scenarios which the Company hopes to capitalize on as the project moves forward.
Outline of Mineralized Zones
At the south or Jaky Zone, 15 trenches were dug that extended over a 2.2 kilometer strike length with a 500 meter section having trenches established 100 meters apart. The XRF results indicate that the widest widths of mineralization on the property occur in this area. A high-grade core is apparent with grades in excess of 1.0% V2O5. Highlights include 0.65% V2O5 over 218 metres, including 1.30% V2O5 over 32 metres for trench TR-09-002, and 0.62% V2O5 over 270 metres, including 1.30% V2O5 over 45 metres for trench TR-09-039.
A 6.5 kilometer strike length of the mineralized trend located immediately north of the Jaky Zone that is largely overlain by a thin laterite cover was excavated at approximately 1 kilometer intervals. It has subsequently been determined that a number of these trenches were dug too far to the west and consequently missed the main mineralized trend. An eastern extension of Trench 45, however, clearly defined the vanadium zone.
North of the laterite cover lays the Manga Zone that was excavated over a strike length of 4.5 kilometers with 25 trenches. Trenches are 200 to 400 meters apart and again a high-grade core of mineralization is observed. Highlights include 1.16% V2O5 over 30 metres for TR-09-044, and 0.92% V2O5 over 58 metres for TR-09-050.
Two kilometers north of the Manga Zone, a series of 12 trenches were established over a strike length of 2.7 kilometers to within 400 meters of the north boundary of the property. This is known as the Mainty Zone. As predicted from soil and geophysical results, the vanadium mineralization is diminishing in strength in the last trench to the north on this zone.
Approximately 2.5 kilometers to the west of the Mainty Zone lies the Fondrana Zone that was tested with two trenches. Graphitic rich sediment is prominent in this target area, which appears to be associated with a completely different stratigraphic level to that which host the main vanadium trend.
The following table defines the XRF results for V2O5 from the 56 trenches established. Results are displayed with trench locations established in sequence from south to north.
|
Trench # |
Target |
UTM |
V2O5 |
length |
UTM |
UTM |
|
Northing |
(%) |
(m) |
From |
To |
||
|
TR-09-001 |
Jaky |
7336600 |
0.51 |
120 |
501300 |
501420 |
|
incl. |
7336600 |
0.65 |
32 |
501326 |
501358 |
|
|
incl. |
7336600 |
0.70 |
18 |
501372 |
501390 |
|
|
TR-09-038 |
Jaky |
7336700 |
0.63 |
214 |
501278 |
501492 |
|
Incl. |
7336700 |
0.75 |
61 |
501299 |
501360 |
|
|
Incl. |
7336700 |
0.98 |
36 |
501375 |
501411 |
|
|
Incl. |
7336700 |
0.99 |
19 |
501423 |
501442 |
|
|
Incl. |
7336700 |
0.74 |
10 |
501456 |
501466 |
|
|
TR-09-002 |
Jaky |
7336800 |
0.65 |
218 |
501300 |
501518 |
|
Incl. |
7336800 |
1.30 |
32 |
501428 |
501460 |
|
|
Incl. |
7336800 |
0.68 |
26 |
501460 |
501486 |
|
|
TR-09-039 |
Jaky |
7336900 |
0.62 |
270 |
501312 |
501582 |
|
Incl. |
7336900 |
0.85 |
24 |
501368 |
501392 |
|
|
Incl. |
7336900 |
0.64 |
19 |
501392 |
501411 |
|
|
Incl. |
7336900 |
0.66 |
28 |
501425 |
501453 |
|
|
Incl. |
7336900 |
1.30 |
45 |
501453 |
501498 |
|
|
Incl. |
7336900 |
0.61 |
24 |
501498 |
501522 |
|
|
TR-09-003 |
Jaky |
7337000 |
0.63 |
248 |
501361 |
501609 |
|
Incl. |
7337000 |
1.38 |
58 |
501481 |
501539 |
|
|
TR-09-054 |
Jaky |
7337100 |
0.56 |
210 |
501426 |
501634 |
|
Incl. |
7337100 |
1.24 |
46 |
501520 |
501566 |
|
|
Incl. |
7337100 |
0.51 |
34 |
501566 |
501600 |
|
|
TR-09-004 |
Jaky |
7337200 |
0.52 |
226 |
501427 |
501653 |
|
Incl. |
7337200 |
1.01 |
50 |
501537 |
501587 |
|
|
TR-09-055 |
Jaky |
7337300 |
0.57 |
80 |
501561 |
501641 |
|
Incl. |
7337300 |
0.99 |
15 |
501580 |
501595 |
|
|
Incl. |
7337300 |
0.66 |
10 |
501631 |
501641 |
|
|
TR-09-005 |
Jaky |
7337400 |
0.44 |
12 |
501531 |
501543 |
|
TR-09-006 |
Jaky |
7337660 |
0.44 |
74 |
501602 |
501676 |
|
Incl. |
7337660 |
0.61 |
34 |
501632 |
501666 |
|
|
TR-09-007 |
Jaky |
7337800 |
1.02 |
16 |
501756 |
501772 |
|
TR-09-011 |
secondary |
7338000 |
0.52 |
48 |
502062 |
502110 |
|
Incl. |
7338000 |
0.82 |
20 |
502072 |
502092 |
|
|
TR-09-012 |
Structure |
7339200 |
0.57 |
36 |
502140 |
502176 |
|
Incl. |
7339200 |
0.65 |
20 |
502148 |
502168 |
|
|
TR-09-013 |
Structure |
7340990 |
0.21 |
52 |
502342 |
502394 |
|
Incl. |
7340990 |
0.63 |
14 |
502424 |
502438 |
|
|
TR-09-048 |
Plateau |
7341800 |
0.22 |
4 |
502477 |
502481 |
|
TR-09-047 |
Plateau |
7342600 |
||||
|
TR-09-046 |
Plateau |
7343400 |
0.25 |
17 |
502861 |
502878 |
|
Incl. |
7343400 |
0.34 |
28 |
502914 |
502942 |
|
|
TR-09-045 |
Plateau |
7344400 |
0.45 |
147 |
503005 |
503152 |
|
Incl. |
7344400 |
0.82 |
24 |
503126 |
503150 |
|
|
TR-09-040 |
Manga |
7345600 |
0.46 |
116 |
503205 |
503321 |
|
Incl. |
7345600 |
0.64 |
71 |
503260 |
503321 |
|
|
Incl. |
7345600 |
0.79 |
11 |
503280 |
503291 |
|
|
Incl. |
7345600 |
0.90 |
9 |
503303 |
503312 |
|
|
TR-09-041 |
Manga |
7345800 |
0.56 |
163 |
503200 |
503363 |
|
Incl. |
7345800 |
0.79 |
70 |
503268 |
503338 |
|
|
TR-09-042 |
Manga |
7346000 |
0.41 |
189 |
503201 |
503390 |
|
Incl. |
7346000 |
0.82 |
20 |
503310 |
503330 |
|
|
TR-09-043 |
Manga |
7346200 |
0.42 |
197 |
503236 |
503422 |
|
TR-09-043 |
Manga |
7346200 |
1.00 |
21 |
503322 |
503343 |
|
TR-09-043 |
Manga |
7346200 |
0.54 |
37 |
503385 |
503422 |
|
TR-09-044 |
Manga |
7346400 |
0.68 |
82 |
503339 |
503421 |
|
Incl. |
7346400 |
1.16 |
30 |
503366 |
503396 |
|
|
Incl. |
7346400 |
0.80 |
7 |
503407 |
503414 |
|
|
TR-09-014 |
Manga |
7346575 |
0.57 |
74 |
503379 |
503453 |
|
Incl. |
7346575 |
0.92 |
32 |
503397 |
503429 |
|
|
TR-09-015 |
Manga |
7347000 |
0.57 |
25 |
503440 |
503465 |
|
Incl. |
7347000 |
1.03 |
3 |
503477 |
503480 |
|
|
TR-09-016 |
Manga |
7347200 |
0.83 |
12 |
503444 |
503456 |
|
TR-09-017 |
Manga |
7347400 |
0.53 |
18 |
503448 |
503466 |
|
TR-09-049 |
Manga |
7347600 |
0.48 |
110 |
503390 |
503500 |
|
incl. |
Manga |
7347600 |
0.87 |
34 |
503437 |
503471 |
|
TR-09-050 |
Manga |
7347800 |
0.77 |
77 |
503447 |
503524 |
|
Incl. |
7347800 |
0.92 |
58 |
503447 |
503505 |
|
|
TR-09-051 |
Manga |
7348170 |
0.54 |
95 |
503427 |
503522 |
|
Incl. |
7348170 |
0.95 |
29 |
503486 |
503515 |
|
|
TR-09-052 |
Manga |
7348400 |
0.54 |
89 |
503442 |
503531 |
|
incl. |
Manga |
7348400 |
0.89 |
35 |
503491 |
503526 |
|
TR-09-053 |
Manga |
7348600 |
0.43 |
55 |
503495 |
503550 |
|
incl. |
7348600 |
0.70 |
9 |
503506 |
503515 |
|
|
incl. |
7348600 |
0.50 |
21 |
503523 |
503544 |
|
|
TR-09-037 |
Manga |
7348800 |
0.60 |
37 |
503499 |
503536 |
|
TR-09-036 |
Manga |
7349000 |
0.39 |
50 |
503523 |
503570 |
|
TR-09-035 |
Manga |
7349200 |
0.60 |
29 |
503569 |
503598 |
|
TR-09-034 |
Manga |
7349390 |
0.58 |
60 |
503550 |
503610 |
|
TR-09-033 |
Manga |
7349600 |
0.55 |
52 |
503556 |
503603 |
|
TR-09-032 |
Manga |
7349780 |
0.45 |
48 |
503564 |
503612 |
|
Incl. |
7349780 |
0.83 |
11 |
503574 |
503585 |
|
|
TR-09-031 |
Manga |
7349980 |
0.51 |
28 |
503561 |
503589 |
|
TR-09-028 |
Manga |
7350200 |
0.29 |
53 |
503504 |
503557 |
|
TR-09-027 |
Manga |
7350386 |
0.33 |
90 |
503564 |
503654 |
|
Incl. |
7350386 |
1.06 |
2 |
503633 |
503635 |
|
|
Incl. |
7350386 |
0.88 |
4 |
503647 |
503651 |
|
|
TR-09-030 |
Mainty |
7352600 |
0.59 |
8 |
503652 |
503661 |
|
TR-09-029 |
Mainty |
7353400 |
0.75 |
47 |
503825 |
503872 |
|
Incl. |
7353400 |
0.99 |
28 |
503836 |
503864 |
|
|
TR-09-023 |
Mainty |
7353810 |
0.75 |
34 |
503990 |
504024 |
|
TR-09-024 |
Mainty |
7354000 |
0.30 |
7 |
504194 |
504201 |
|
TR-09-022 |
Mainty |
7354120 |
0.64 |
98 |
504134 |
504232 |
|
Incl. |
7354120 |
0.69 |
16 |
504134 |
404150 |
|
|
Incl. |
7354120 |
0.88 |
45 |
504163 |
504209 |
|
|
Incl. |
7354120 |
1.09 |
28 |
504174 |
504202 |
|
|
TR-09-020 |
Mainty |
7354200 |
0.46 |
143 |
504089 |
504232 |
|
Incl. |
7354200 |
1.19 |
4 |
504104 |
504108 |
|
|
Incl. |
7354200 |
0.77 |
42 |
504122 |
504165 |
|
|
TR-09-021 |
Mainty |
7354300 |
0.69 |
100 |
504124 |
504224 |
|
Incl. |
7354300 |
1.05 |
51 |
504140 |
504191 |
|
|
TR-09-019 |
Mainty |
7354395 |
0.77 |
105 |
504147 |
504252 |
|
Incl. |
7354395 |
0.91 |
82 |
504170 |
504252 |
|
|
Incl. |
7354395 |
1.00 |
71 |
504170 |
504241 |
|
|
TR-09-018 |
Mainty |
7354800 |
0.51 |
4 |
504361 |
504365 |
|
Incl. |
7354800 |
0.84 |
6 |
504388 |
504394 |
|
|
TR-09-010 |
Mainty |
7355010 |
0.84 |
30 |
504445 |
504475 |
|
TR-09-009 |
Mainty |
7355200 |
0.29 |
74 |
504492 |
504566 |
|
TR-09-025 |
Fondrana |
7355125 |
0.38 |
112 |
502025 |
502137 |
|
Incl. |
7355125 |
1.15 |
4 |
502034 |
502038 |
|
|
Incl. |
7355125 |
0.57 |
34 |
502093 |
502127 |
|
|
TR-09-026 |
Fondrana |
7355325 |
0.63 |
140 |
502135 |
502275 |
|
Incl. |
7355325 |
0.86 |
24 |
502140 |
502164 |
|
|
Incl. |
7355325 |
0.84 |
21 |
502183 |
502204 |
|
|
Incl. |
7355325 |
0.61 |
71 |
502204 |
502275 |
Worldwide Potential for Vanadium
The Company has recently announced a major vanadium discovery in Madagascar, and is now preparing for the project’s advancement. Vanadium is a strategic mineral that when added to steel creates a product that is lightweight but extremely high in tensile strength and wear resistance.
Solar, wind and geothermal power will not be fully effective without an efficient way to store it in a commercialized and scalable manner. Vanadium has exceptional qualities in battery technology applications. It has the ability to absorb and release huge amounts of electricity instantaneously, and will play a pivotal role in the emergence of battery power and energy storage.
About the Company
Uranium Star Corp. is a rapidly emerging exploration company with assets in Madagascar (Vanadium) and Northern Quebec (Uranium). Its shares are traded on the OTCBB under the symbol URST and on the Frankfurt Exchange under the symbol YE5.
Bill Nielsen, P.Geo., Director and Project Manager is the qualified person for this report.
Taiga Consultants Ltd. is supervising Uranium Star’s exploration activities under the direction of Claude Aussant, P.Geo, on the Green Giant Vanadium Project in Madagascar.
For more information on the Green Giant Project and up-to-date pictures from the field, please visit our website at www.uraniumstar.com
Contact:
|
Brent Nykoliation |
|
WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.