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Uranium Star Releases 15 Additional Trench Results on Green Giant Vanadium Project
Posted at 4:16 p.m. on January 1, 2009
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (“Uranium Star” or “the Company”) announces it has received results from 15 additional trenches on its Green Giant Vanadium Project in Madagascar.
Significant Vanadium Values Confirmed
A total of 21 trenches have been established to date. All have been mapped, sampled and analyzed. The Company is greatly encouraged by the recently received trench results that are confirming that the host structure along its entire 21 km strike length contains vanadium values of economic interest.
Highlights of Trench Results
A highlight of returned analytical results include the following; Trench 21 with 1.08% V2O5 over 51 metres; Trench 19 with 0.77% V2O5 over 105 metres; Trench 15 with 0.56% V2O5 over 54 metres; and Trench 7 with 0.41% V2O5 over 150 meters. A complete list of trench results can be viewed on the table enclosed below.
Extensive trenching, using two mechanical excavators, is being conducted over anomalous vanadium trends and their strike extensions defined by the 2008 drilling program as well as geophysical and geochemical surveys. Initial analytical results have been received utilizing the Company’s hand-held XRF units. 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.
Results from the initial 6 trenches were released in the Company’s press release of May 27, 2009.
Trenches TR-09-01 to 08 and TR-09-11,12 and 13 were established in the southern zone of the Property. They represent a strike length of 4.2 kilometers with the first 9 trenches mentioned having a strike length of 1.2 kilometers. Trench 12 is a further 1.2 kilometers to the north and Trench 13 is 1.8 km north of Trench 12. The Central Zone is 5.5 km north of Trench 13 and trenches represent a strike length of 900 meters. The North Zone is 6.8 km north of the Central Zone and has currently been trenched over a strike length of 1km.
Additional trenching is ongoing and will infill between the three zones mentioned above to further validate that vanadium mineralization is as wide spread as the geological, geophysical and geochemical signatures indicate.
Significant Grades of Vanadium Mineralization Seen Over Widths Exceeding 200 Meters
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 next-phase drill program. The 2008 drilling results indicated that widths of near surface vanadium could be as high as 50-100 meters or more. The initial trench results from the south end of the property indicate that the near surface mineralization has widths that are far beyond the Company’s initial expectations. Significant grades of vanadium mineralization have been seen over widths exceeding 200 meters. 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 as an economic assessment of the deposit.
The following table defines the XRF results for vanadium from the 21 trenches established to date:
Trench #
UTM
UTM
Length
V2O5
Location
From
To
(m)
(%)
TR-09-001
501300
501420
120
0.51
South Zone
TR-09-002
501300
501518
218
0.65
South Zone
TR-09-002
501428
501460
32
1.3
South Zone
TR-09-003
501361
501609
248
0.63
South Zone
TR-09-003
501481
501539
58
1.38
South Zone
TR-09-004
501427
501653
226
0.52
South Zone
TR-09-004
501537
501587
50
1.01
South Zone
TR-09-005
501447
501457
10
0.24
South Zone
TR-09-005
501487
501575
88
0.27
South Zone
TR-09-005
501543
501575
12
0.44
South Zone
TR-09-005
501602
501676
32
0.25
South Zone
TR-09-006
501602
501632
30
0.44
South Zone
TR-09-006
501666
501676
10
0.61
South Zone
TR-09-006
501702
501748
46
0.42
South Zone
TR-09-007
501638
501788
150
0.41
South Zone
TR-09-007
501756
501772
16
1.02
South Zone
TR-09-008
501720
501854
134
0.47
South Zone
TR-09-008
501822
501842
20
0.98
South Zone
TR-09-009
504492
504566
74
0.29
North Zone
TR-09-010
504426
504491
65
0.40
North Zone
TR-09-010
504445
504475
30
0.84
North Zone
TR-09-011
502062
502110
48
0.52
South Zone
TR-09-011
502072
502092
20
0.82
South Zone
TR-09-012
502140
502176
36
0.57
South Zone
TR-09-012
502148
502168
20
0.65
South Zone
TR-09-013
502342
502394
52
0.21
South Zone
TR-09-013
502424
502438
14
0.63
South Zone
TR-09-014
503379
503453
74
0.57
Central Zone
TR-09-014
503397
503429
32
0.92
Central Zone
TR-09-015
503440
503466
54
0.56
Central Zone
TR-09-016
503400
503441
41
0.25
Central Zone
TR-09-016
503441
503478
37
0.56
Central Zone
TR-09-016
503444
503456
12
0.83
Central Zone
TR-09-017
503448
503466
18
0.53
Central Zone
TR-09-018
504321
504421
100
0.32
North Zone
TR-09-019
504147
504252
105
0.77
North Zone
TR-09-020
504098
504185
87
0.62
North Zone
TR-09-021
504126
504196
70
0.88
North Zone
TR-09-021
504141
504192
51
1.08
North Zone
All trench samples are being sent to a commercial laboratory for verification of the XRF results. A rigorous QAQC program is in place to ensure accuracy of analytical results.
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 on the Green Giant Vanadium Project in Madagascar.
For more information, please visit our website at www.uraniumstar.com
Or contact:
Brent Nykoliation
Vice President of Business Development
Uranium Star Corp.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@uraniumstar.com
Or
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 received results from 15 additional trenches on its Green Giant Vanadium Project in Madagascar.
Significant Vanadium Values Confirmed
A total of 21 trenches have been established to date. All have been mapped, sampled and analyzed. The Company is greatly encouraged by the recently received trench results that are confirming that the host structure along its entire 21 km strike length contains vanadium values of economic interest.
Highlights of Trench Results
A highlight of returned analytical results include the following; Trench 21 with 1.08% V2O5 over 51 metres; Trench 19 with 0.77% V2O5 over 105 metres; Trench 15 with 0.56% V2O5 over 54 metres; and Trench 7 with 0.41% V2O5 over 150 meters. A complete list of trench results can be viewed on the table enclosed below.
Extensive trenching, using two mechanical excavators, is being conducted over anomalous vanadium trends and their strike extensions defined by the 2008 drilling program as well as geophysical and geochemical surveys. Initial analytical results have been received utilizing the Company’s hand-held XRF units. 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.
Results from the initial 6 trenches were released in the Company’s press release of May 27, 2009.
Trenches TR-09-01 to 08 and TR-09-11,12 and 13 were established in the southern zone of the Property. They represent a strike length of 4.2 kilometers with the first 9 trenches mentioned having a strike length of 1.2 kilometers. Trench 12 is a further 1.2 kilometers to the north and Trench 13 is 1.8 km north of Trench 12. The Central Zone is 5.5 km north of Trench 13 and trenches represent a strike length of 900 meters. The North Zone is 6.8 km north of the Central Zone and has currently been trenched over a strike length of 1km.
Additional trenching is ongoing and will infill between the three zones mentioned above to further validate that vanadium mineralization is as wide spread as the geological, geophysical and geochemical signatures indicate.
Significant Grades of Vanadium Mineralization Seen Over Widths Exceeding 200 Meters
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 next-phase drill program. The 2008 drilling results indicated that widths of near surface vanadium could be as high as 50-100 meters or more. The initial trench results from the south end of the property indicate that the near surface mineralization has widths that are far beyond the Company’s initial expectations. Significant grades of vanadium mineralization have been seen over widths exceeding 200 meters. 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 as an economic assessment of the deposit.
The following table defines the XRF results for vanadium from the 21 trenches established to date:
|
Trench # |
UTM |
UTM |
Length |
V2O5 |
Location |
|
From |
To |
(m) |
(%) |
||
|
TR-09-001 |
501300 |
501420 |
120 |
0.51 |
South Zone |
|
TR-09-002 |
501300 |
501518 |
218 |
0.65 |
South Zone |
|
TR-09-002 |
501428 |
501460 |
32 |
1.3 |
South Zone |
|
TR-09-003 |
501361 |
501609 |
248 |
0.63 |
South Zone |
|
TR-09-003 |
501481 |
501539 |
58 |
1.38 |
South Zone |
|
TR-09-004 |
501427 |
501653 |
226 |
0.52 |
South Zone |
|
TR-09-004 |
501537 |
501587 |
50 |
1.01 |
South Zone |
|
TR-09-005 |
501447 |
501457 |
10 |
0.24 |
South Zone |
|
TR-09-005 |
501487 |
501575 |
88 |
0.27 |
South Zone |
|
TR-09-005 |
501543 |
501575 |
12 |
0.44 |
South Zone |
|
TR-09-005 |
501602 |
501676 |
32 |
0.25 |
South Zone |
|
TR-09-006 |
501602 |
501632 |
30 |
0.44 |
South Zone |
|
TR-09-006 |
501666 |
501676 |
10 |
0.61 |
South Zone |
|
TR-09-006 |
501702 |
501748 |
46 |
0.42 |
South Zone |
|
TR-09-007 |
501638 |
501788 |
150 |
0.41 |
South Zone |
|
TR-09-007 |
501756 |
501772 |
16 |
1.02 |
South Zone |
|
TR-09-008 |
501720 |
501854 |
134 |
0.47 |
South Zone |
|
TR-09-008 |
501822 |
501842 |
20 |
0.98 |
South Zone |
|
TR-09-009 |
504492 |
504566 |
74 |
0.29 |
North Zone |
|
TR-09-010 |
504426 |
504491 |
65 |
0.40 |
North Zone |
|
TR-09-010 |
504445 |
504475 |
30 |
0.84 |
North Zone |
|
TR-09-011 |
502062 |
502110 |
48 |
0.52 |
South Zone |
|
TR-09-011 |
502072 |
502092 |
20 |
0.82 |
South Zone |
|
TR-09-012 |
502140 |
502176 |
36 |
0.57 |
South Zone |
|
TR-09-012 |
502148 |
502168 |
20 |
0.65 |
South Zone |
|
TR-09-013 |
502342 |
502394 |
52 |
0.21 |
South Zone |
|
TR-09-013 |
502424 |
502438 |
14 |
0.63 |
South Zone |
|
TR-09-014 |
503379 |
503453 |
74 |
0.57 |
Central Zone |
|
TR-09-014 |
503397 |
503429 |
32 |
0.92 |
Central Zone |
|
TR-09-015 |
503440 |
503466 |
54 |
0.56 |
Central Zone |
|
TR-09-016 |
503400 |
503441 |
41 |
0.25 |
Central Zone |
|
TR-09-016 |
503441 |
503478 |
37 |
0.56 |
Central Zone |
|
TR-09-016 |
503444 |
503456 |
12 |
0.83 |
Central Zone |
|
TR-09-017 |
503448 |
503466 |
18 |
0.53 |
Central Zone |
|
TR-09-018 |
504321 |
504421 |
100 |
0.32 |
North Zone |
|
TR-09-019 |
504147 |
504252 |
105 |
0.77 |
North Zone |
|
TR-09-020 |
504098 |
504185 |
87 |
0.62 |
North Zone |
|
TR-09-021 |
504126 |
504196 |
70 |
0.88 |
North Zone |
|
TR-09-021 |
504141 |
504192 |
51 |
1.08 |
North Zone |
All trench samples are being sent to a commercial laboratory for verification of the XRF results. A rigorous QAQC program is in place to ensure accuracy of analytical results.
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 on the Green Giant Vanadium Project in Madagascar.
For more information, please visit our website at www.uraniumstar.com
Or contact:
Brent Nykoliation
Vice President of Business Development
Uranium Star Corp.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@uraniumstar.com
Or
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.