Article: Virginia Energy Re-Samples Historic Drill Core, Peribonka Uranium Property, Otish Basin, Quebec.

Article from:
Marketwire Canada
Article date:
October 5, 2009
Copyright

VANCOUVER, BRITISH COLUMBIA, Oct 5, 2009 (Marketwire via COMTEX) -- Virginia Energy Resources Inc. (TSX VENTURE:VAE) is pleased to announce the results of re-sampling of historic drill core, drilled in the early 1980s, from three prospects on its Peribonka property in the Otish Basin of north-central Quebec. The results confirm the presence of significant sandstone and gabbro-hosted uranium mineralization in geological settings analogous to the Matoush deposit of Strateco Resources Inc., and the nearby Seru L zone deposit and Epsilon discovery of Abitex Resources Inc.

The best hole, from the Lac du Castor target, yielded 5.5 m grading 0.131% U3O8, including 1.5 m ...

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