Uranium Star AOLHA2
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wenn wir die nächsten wochen so weiter zulegen erreicht URST bis 2010 alte höhen.
interessanter Weise ist nicht der steigende Uranpreis sondern der Vanadium fund Grund für den Anstieg, sowie die vermutete Revolution in der Batterietechnologie dank Lithion-Vanadium. Falls diese wirklich die Versprechungen erfüllen kann, die sich URST erhofft, dann handelt es sich bei URST um einen Marktführer Sondergleichen der den Rohstoffpreis nahezu alleine diktiert.
ich wart definitiv bis 2012+ mit dem Verkauf.
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Green Giant Vanadium Project in Madagascar
October 1, 2009
Uranium Star Corp. (OTCBB:URST) (FRANKFURT:YE5) (Uranium Star or the Company) announces it has commenced its first-phase resource definition drill program on its 100% owned Green Giant Vanadium Project in Madagascar.
Drill Program Details
The exploration program will consist of approximately 8,000 metres and will be targeted for completion prior to the annual rainy season, which begins in late November and continues through to March. The initiation of this first-phase resource definition drill program signifies that Uranium Star is further advancing its vanadium project.
Two diamond drills have been contracted from Boart Longyear to perform the drilling. The initial focus will be to define significant widths and grades of vanadium mineralization. Based on previous exploration results, the Company has been able to verify that the primary vanadium trend hosts an extensive and continuous mineralized zone with a strike length of approximately 18 kilometres.
The initial drill sites were generated from significant data accumulated from the 31 hole drill program in 2008 and the XRF soil geochemical program, as well as the extensive trenching program, totaling 8,168 metres, that was completed in July of this year.
The trench results indicated that the near-surface mineralization has widths that exceeded the Companys initial expectations. Significant grades of vanadium mineralization were visible over widths exceeding 150 metres, with a high-grade core having grades in excess of 0.70% V2O5. The average width of vanadium mineralization is in excess of 60 metres.
Companys Goal to Drill 35,000 Metres, Targeting Minimum 200 Million Tonne Deposit
This current drill program on the Green Giant Project will represent a significant portion of the estimated 35,000 metres that the Company expects to drill in order to calculate a NI-43-101 compliant resource statement and complete a bankable feasibility study on the Project. The Companys objective is to define a minimum of 200 million tonnes of mineable vanadium mineralization.
Engineering Group on Way to Madagascar
Uranium Star engaged PEG Mining Consultants Group in the spring of this year. They have been completing additional metallurgical work and an order of magnitude study. The order of magnitude study will provide an initial estimate of all parameters dealing with the deposit, including mining, processing, infrastructure, capital and operating costs. This work will provide additional guidance for the upcoming drill program and a future Preliminary Economic Assessment (PEA).
They will also provide initial assistance to Uranium Star in the socioeconomic, environmental and marketing aspects of the Project.
Trench Result Highlights
Uranium Star has recently received the assay results from the completed 55 trenches on the main vanadium trend that extends along an estimated 18-kilometre length of the property. Assay highlights are as follows;
0.56% V2O5 over 190 metres, including 0.96% V2O5 over 32 metres for trench TR-09-002
0.51% V2O5 over 204 metres, including 0.98% V2O5 over 44 metres for trench TR-09-039
0.48% V2O5 over 48 metres for TR-09-044, and 0.0.48% V2O5 over 62 metres for TR-09-050
A complete table of assay results for V2O5 from the 55 trenches completed earlier this year can be found at the end of this press release.
2008 Drill Highlights
The 2008 drill results indicated that the near-surface vanadium grades are enhanced over those from primary mineralization. The following have been recalculated from previously published drill results with excess internal waste being eliminated from a number of intersections.
Highlights are as follows:
Hole
Depth in Metres
V2O5
From
To
Interval
%
TH-08-01
103.6
115.8
12.2
0.39
TH-08-02
42.7
109.7
36.6
0.27
incl.
100.6
109.7
9.1
0.36
TH-08-07
27.4
54.9
27.4
0.23
TH-08-11
33.5
39.6
6.1
0.41
TH-08-11
57.9
76.2
18.3
0.37
TH-08-12
30.6
114.3
83.7
0.37
incl.
45.7
61.0
15.2
0.40
incl.
86.9
109.7
22.9
0.47
TH-08-13
38.5
141.7
103.2
0.32
incl.
76.2
141.7
65.5
0.36
incl.
112.8
141.7
27.4
0.45
TH-08-14
12.2
109.7
97.5
0.35
incl.
76.2
91.4
15.2
0.66
TH-08-24
4.6
82.3
77.7
0.67
incl.
12.2
61.0
45.7
0.91
TH-08-25
18.3
48.8
30.5
0.32
TH-08-25
100.6
103.6
3.0
0.47
TH-08-26
9.1
36.6
27.4
0.41
incl.
18.3
27.4
9.0
0.76
TH-08-26
67.1
73.2
6.1
0.53
TH-08-27
9.1
97.5
88.4
0.30
incl.
18.3
29.0
10.7
0.88
TH-08-27
146.3
153.9
6.0
0.50
TH-08-31
15.2
51.8
36.6
0.38
incl.
36.6
48.8
12.2
0.56
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. The Company has formally applied to the TSX Venture Exchange for issuer status.
Bill Nielsen, P.Geo., Director & Vice President of Exploration is responsible for the advancement and execution of the necessary criteria relating to the Green Giant Project in Madagascar and is the qualified person for this report. Taiga Consultants Ltd. is overseeing 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
or
Julie Lee Harrs
President & COO
Uranium Star Corp.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@uraniumstar.com
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.
NSV = no significant values
Average Major intersection 62 meters @ 0.43% V2O5
Ja so dachte ich auch die teile liegen bei mir schon seit 2006 rum.
Hatte den Absprung verpasst.
Mittlerweile mit einem schönen Plus da kann ich auch noch ein bisschen warten.
Aber 5 US Dollar ???
Gruß Noogmann
October 6, 2009
Uranium Star's Green Giant vanadium discovery in Madagascar and the role vanadium is poised to play in the clean energy future are featured as the cover story in the October issue of EnergyDigital Magazine as well as in their October Digital Corporate Profiles.
You can read the articles online here: http://bit.ly/21CJtt
Be sure to read the 8-page Digital Corporate Profile: http://www.energydigital.com/Magazine.aspx?id=1666
As well as the 6-page cover article in the October Issue: http://www.execdigital.com/Magazine.aspx?id=1728
About EnergyDigital.com
EnergyDigital.com is a pioneering digital media site exploring energy issues and opportunities facing top executives, with daily, intelligent news, as well as rich and entertaining monthly content via the Energy Digital Magazine. EnergyDigital.com meets a previously unmet demand for busy, top-level energy executives, who can find pertinent business news, sector-driven articles, exclusive interviews, and digital tools and resources all in one place. In just two short years, EnergyDigital.com has offices in Boston, San Diego, Toronto and Norwich, UK, as it aims to build one of the largest global marketplaces for B2B executives.
For more information about the Green Giant discovery, the future of vanadium and Uranium Star Corp., please visit our website at www.uraniumstar.com