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Article: Virginia Completes Uranium Program and Acquires More Land.
- Article from:
- Marketwire Canada
- Article date:
- September 16, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Sep 16, 2009 (Marketwire via COMTEX) -- Virginia Energy Resources Inc. (TSX VENTURE:VAE) is pleased to announce it has completed a 7-week, $800,000 exploration program on its Otish Basin properties in north-central Quebec, and signed an agreement to acquire the nearby Strategis property from Big Red Diamond Corporation.
With the acquisition of the Strategis property, Virginia now controls interests in ten claim blocks within and on the margins of the Proterozoic Otish basin (see property map on Virginia website: http://www.santoy.ca/i/maps/2009-09-15_OtishBasin.gif). These properties are prospective for high-grade uranium deposits ...