Uranium Star AOLHA2
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Servus,
ich bin hier auch noch investiert, mit sicherlich noch -60%. Ich habe das Investment eigentlich.... schon abgeschrieben.
Denkt ihr URST kommt nochmal?
World-Class Vanadium Project in Madagascar
June 29, 2009
Uranium Star Corp.�s (OTCBB:URST) (FRANKFURT:YE5) (�Uranium Star� or �the Company�)
Green Giant Vanadium Project in Madagascar is emerging as a potential world-class deposit.
Given the anticipated future demand for high-quality steel products in conjunction with the focus on �Green Technology� products such as batteries for renewable energy storage and electric cars, the world�s consumption of vanadium is forecasted to go much higher.
Recognizing this opportunity, Uranium Star is moving to strategically position the company and its Green Giant Project in the best possible political and financially sound position.
To help attain that goal, Uranium Star is very pleased to announce that the company has engaged the Honourable Brian Tobin, P.C., ICD.D to lead these important initiatives. To facilitate this process, Uranium Star will establish a Special Advisory Committee on which Mr. Tobin will act as Chairperson.
Mr. Tobin is clearly suited to this task as can be best seen in this brief outline of his many accomplishments.
The Hon. Brian V. Tobin, P.C., ICD.D, is currently Senior Business Advisor with Fraser Milner Casgrain LLP in Toronto. Mr. Tobin serves on a number of public company boards including Lions Gate Entertainment Corp., Aecon Group Inc. and Consolidated Thompson Iron Mines Limited and he is Chairman of the board for New Flyer Industries Inc.
The Hon. Brian V. Tobin, P.C., ICD.D, served as the Federal Minister of Industry from October 2000 to January 2002.
Previously he served as the Premier of Newfoundland and Labrador from 1996 to 2000 and won two consecutive majority governments in provincial elections held in February 1996 and February 1999.
Mr. Tobin served as a Member of Parliament from 1980 to 1996 and served as Minister of Fisheries and Oceans in the federal cabinet from 1993 to 1996.
Mr. Tobin is also a director of CommerceTel Canada Inc., Marport Deep Sea Technologies Inc., Kruger Inc. and Canpages Inc.
In addition, Mr. Tobin is a strategic advisor to a number of Canadian corporations. He is also Special Advisor for Advancing Canadian Entrepreneurship Inc.
Mr. Tobin has completed his memoirs entitled, �All in Good Time� published by Penguin Books.
Kirk McKinnon, President & CEO commented �Brian Tobin will add a special dimension to moving the Green Giant Project forward as his proven skills are well understood and acknowledged in the political and business arenas. Brian will provide Uranium Star with leadership, experience and counsel that will greatly enhance the progression of the Green Giant Project and will serve Uranium Star very well. The company is fortunate that he has chosen to participate in the company�s new and rapidly emerging Green Giant Vanadium discovery.�
To learn more about Uranium Star�s Potential World Class Discovery of Vanadium, please reference our 5 latest press releases on our website at www.uraniumstar.com.
December 15, 2008 - Uranium Star Confirms 21 Km Trend of Significant Vanadium
January 29, 2009 - Assay Results Indicate World-Class Vanadium Potential
April 29, 2009 - Uranium Star Re-Commences Exploration on its Green Giant Vanadium Project in Madagascar
May 27, 2009 - Uranium Star - Initial Trench Results on Green Giant Vanadium Project
June 22, 2009 - Uranium Star Releases 15 Additional Trench Results on Green Giant Vanadium Project
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 in the Frankfurt Exchange under the symbol YE5, and is currently working towards its listing on the TSX Venture Exchange.� The Company continues to focus on high priority property acquisition and exploration in order to participate in meeting the significant and increasing demand for uranium and other strategic metals as alternative energy sources.
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
Vanadium Deposit in Madagascar;
Company Now Holds 100% of Projected 200 Million Tonne Deposit
August 6, 2009
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (Uranium Star or the Company) announces it has formally signed a purchase and sale agreement with Madagascar Minerals (MMR) which gives the Company the exclusive right to purchase the remaining 25% of the Green Giant Vanadium Project in Madagascar from MMR for the sum of $100,000 USD. In conjunction with the transaction, Uranium Star has agreed to grant MMR a 2% NSR royalty with Uranium Star having a buyback option but not an obligation to purchase the first 1% of the NSR for $500,000 USD. Upon exercising its option to purchase the first 1%, the Company then has a further buyback option but not an obligation to purchase the second 1% of the NSR for $1,000,000 USD. Payments for the purchase of the NSR are payable in cash or equivalent shares at Uranium Stars sole discretion. The funds will be held in an Escrow account with final payment subject to transfer of title and any required regulatory or governmental approvals.
Once completed, Uranium Star will have 100% ownership of the 194 square kilometre, 22.5 kilometre long property, in which the Green Giant Project is situated.
Company Targets 200 Million Tonne Minimum Deposit
The Company 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 Stars 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.
Significant Vanadium Seen Over Widths Exceeding 200 Meters
The initial trench results from the south end of the property indicate that the near surface mineralization has widths that are far beyond the Companys initial expectations. Significant grades of vanadium mineralization have been seen over widths exceeding 200 meters, with a high-grade core having grades in excess of 1.0% V2 O5 . The average width of vanadium mineralization is in excess of 50 metres.
Highlights of Trench and Drill Results
XRF units being used to report the trench results are state-of-the-art exploration tools 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.
Trench Result Highlights
Uranium Star has recently completed 56 trenches, totaling 8,168 metres on the primary vanadium trend that extends the entire 18.0 kilometre length of the property. Highlights are as follows;
0.65% V2 O5 over 218 metres, including 1.30% V2 O5 over 32 metres for trench TR-09-002
0.62% V2 O5 over 270 metres, including 1.30% V2 O5 over 45 metres for trench TR-09-039
1.16% V2 O5 over 30 metres for TR-09-044, and 0.92% V2 O5 over 58 metres for TR-09-050
A complete table of XRF results for V2 O5 from the 56 trenches completed to date can be found in the Companys July 16, 2009 press release at www.uraniumstar.com
Drill Result Highlights:
The 2008 drilling results indicated that vanadium grades at and near surface are enhanced over those from primary mineralization. Highlights are as follows;
0.85% V2 O5 oxide zone over 56.4 metres, including 0.96% V2 O5 over 42.6 metres for Hole TH-08-24.
0.4% V2 O5 over 44.2 metres, including 0.77% V2 O5 over 13.7 metres for Hole TH-08-27
0.37% V2 O5 over 42.7 metres, including 0.44% V2 O5 over 12.2 metres for Hole TH-08-02
0.% V2 O5 over 36.6 metres, including 0.56% V2 O5 over 12.2 metres for Hole TH-08-29
0.4% V2 O5 over 79.3 metres, including 0.61% V2 O5 over 19.8 metres for Hole TH-08-14
0.4% V2 O5 oxide zone over 64.0 metres, including 0.51% V2 O5 over 13.4 metres for Hole TH-08-13
0.41% V2 O5 oxide zone over 21.3 metres, including 0.51% V2 O5 over 15.2 metres for Hole TH-08-11
A summary detail of assay results can be found in the Companys February 4, 2009 press release at www.uraniumstar.com
Next Steps
The Company has recently announced a major vanadium discovery in Madagascar, and is now preparing for the projects advancement.
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 Companys objective in the upcoming drill program is to define a minimum of 200 million tonnes of appreciable vanadium mineralization.
Uranium Star has further strengthened the company strategically by recently adding two Canadian political and business heavyweights to their Special Advisory Board: the Hon. Brian V. Tobin, P.C., ICD.D, and Peter Harder. Tobin, who served as a Member of Parliament for 16 years and as Federal Minister and Premier of Newfoundland and Labrador, will serve as Chairman. Harder, who previously served as Deputy Minister, will also serve on the Board of Directors of Uranium Star.
Why is Vanadium so special?
Vanadium is a strategic metal that is already irreplaceable for engineering in aerospace, aviation, automotive, shipping, and construction. Vanadium has a remarkable ability to make steel alloys both stronger and lighter, and when added to steel, it creates a product that is lightweight but extremely high in tensile strength and wear resistance. In fact, Vanadium-titanium alloys have the best strength-to-weight ratio of any engineered material. These ultra high-strength and super-light steels are often called the plastics of the 21st century, and demand for them is strong and growing.
Worldwide Potential for Vanadium
BHP Billiton projects that more steel will be consumed in the next 20 years than was consumed during the entire 20th century. High Strength - Low Alloy steel, made with Vanadium, has outpaced crude steel production by 21.6% since 2006.
Around the world, economic stimulus packages are now funding a global boom in infrastructure projects such as airports, pipelines and bridges. CIBC World Markets estimates total global infrastructure spending over the next 20 years at $35 trillion with many of those projects requiring Vanadium.
The future will be battery powered. The best battery will win. Vanadium makes the best batteries.
While Vanadium is most often associated with steel, it is poised to play a pivotal role in helping renewable energy achieve success. Vanadium also makes highly powerful and efficient batteries batteries that have the potential for large-scale, power grid usage.
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.
Vanadium may therefore hold the key to scaling renewable energy to national levels, helping reducing our dependence on fossil fuels. Beyond these large-scale uses, Vanadium has also proven to be effective at combining with Lithium-ion batteries to significantly improve their performance so the next generation of hybrid car batteries may also feature Vanadium.
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 is the Project Manager for the Green Giant Vanadium Project in Madagascar and is the qualified person for this report. Taiga Consultants Ltd. is supervising Uranium Stars exploration activities in Madagascar under the direction of Claude Aussant, P.Geol.
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
denke wir sehen bald die 1 eur marke!!!
http://www.thebullandbear.com/bb-reporter/pdf/UStar.pdf
Toronto, Ontario - September 8, 2009
Uranium Star Corp. (“URST” or the “Company”) (OTCBB:URST) (FRANKFURT:YE5) announces it will be a presenting its Green Giant Vanadium Project at the MINE LLC 2009 Modern Energy Investor Forum on September 10, 2009 in Denver, Colorado
The Modern Energy Investor Forum (MEIF) is the foremost investor meeting in North America for Modern Energy.
The Modern Energy Investor Forum is designed to showcase emerging companies in the modern energy sector by bringing together company executives with major investors and analysts from around the world who can affect the company’s financial status.
The sponsoring energy companies of the Modern Energy Investor Forum and attendees are pre-qualified and receive personalized invitations to participate in the Forum. MINE LLC’s client list of investors spans the world with a density in North America, Western Europe, South Africa and the Middle East.
Attending Participants
Fund Mangers, institutional brokers and investors, high net-worth individuals, private money managers, portfolio mangers and both sell-side and buy-side analysts will be in attendance at the conferences. Investment Banks attend as underwriters.
Brent Nykoliation, Vice President of Business Development, commented "We are fortunate to have this opportunity to present our unique vanadium discovery to the top echelon of clean energy investment interests from around the world. Such an audience will immediately see that our Green Giant Vanadium Project is positioned to capitalize on the developing “green” market and the need for efficient battery storage, and we can ultimately compete as a significant supplier of vanadium to the steel and renewable energy industry".
Uranium Star wishes to extend an invitation to all shareholders and investors in the Denver area to take this opportunity to meet with management and hear in person the exciting developments of our Green Giant Vanadium Project.
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
J. Kirk McKinnon, President and Chief Executive Officer
Richard Schler, Chief Operating Officer & CFO
Sep 9, 2009 8:01:00 AM
0.54 (21.35%) in den USA
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Wertpapier: Nextsource Materials |