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LARAMIDE RESOURC
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CA51669T1012 LAM

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LARAMIDE RESOURC : je decouvre un article interessant bie

marty25
30 oct. 201313:12

bien que datant d'un an .

Mise en ligne le : mercredi, 24 octobre 2012 08:08 Audience de l'article : 770 lectures
Deux nouvelles coup sur coup

La première un peu attendue, à savoir les résultats des forages et une belle deuxième en surprise (puisque le titre monte de 30% aujourd’hui) avec la levée de l’interdiction de miner sur un des plus grands dépôts d’uranium australien, celui de Westmoreland.
La première nouvelle

Laramide drills 11 m of 1,311 ppm U3O8 at Westmoreland

2012-10-17 09:29 ET – Mr. Marc Henderson reports

LARAMIDE IDENTIFIES NEW ZONE OF MINERALIZATION IN INITIAL DRILLING RESULTS AT WESTMORELAND

Laramide Resources Ltd. has released assay results from the drilling program commenced in August at its 100-per-cent-owned Westmoreland uranium project located in northwest Queensland, Australia.

The company is reporting results from nine diamond drill holes for 1,121.7 metres of which three holes were drilled in the northern section of the Huarabagoo deposit area, and six were drilled on a single section along the structural corridor that connects the Huarabagoo and Junnagunna deposits. Initial results in this campaign have successfully intersected a number of new zones of mineralization in both of these target areas.

Best results for the program include:

•WDD12-152 (corridor) intersected 11 metres at 1,311 parts per million (ppm) triuranium octoxide (U3O8). This is a new zone, west of the dike, which has not been previously intercepted.
•WDD12-159 (Huarabagoo) intersected 10 metres at 970 ppm U3O8 from 31 metres and 14 metres at 819 ppm U3O8 from 64 metres. Both of these zones are east of the dike and have not been intercepted in previous drilling.
•WDD12-160 (Huarabagoo) intersected 16 metres at 983 ppm U3O8 from 62 metres. This is also new zone east of the dike.


« We are pleased with the initial results in the Huarabagoo deposit area as it shows tremendous potential to increase the overall size of the resource in that deposit, » said Peter Mullens, vice-president, exploration. « The results continue to confirm the technical merits of the project. A number of new zones of uranium mineralization located outside the existing resource is encouraging, especially at this early stage of the program. In particular, with the new zone of mineralization intersected along the structural corridor, we have potential to at least double the size of the Huarabagoo resource. I am very confident we will continue to find new zones of mineralization along the structural corridor between Redtree and Junnagunna, » Mr. Mullens stated.

Drilling highlights

1.A structural corridor connects the Huarabagoo and Junnagunna deposits. This portion of the program was focused on the highly prospective structural corridor that connects the Huarabagoo and Junnagunna deposits in an area not extensively targeted in the past by Laramide or previous owner Rio Tinto. This drilling was one component of a broader program to assess the potential for additional uranium resources at Westmoreland. Initial drilling in the corridor resulted in the discovery of a new zone of mineralization (WDD12-152 — 11 metres at 1,311 ppm U3O8) that was not previously known to the company. In addition, holes 155 and 156 intersected a flatly dipping mineralization zone that has the potential for further resource development. This mineralization intercepted in drill hole WDD12-155 (three metres at 1,094 ppm U3O8) and WDD12-156 (five metres at 805 ppm U3O8) is similar in style to the shallow mineralization at Junnagunna and shows the potential to further increase the overall size of the resource. The Huarabagoo deposit and Huarabagoo Junnagunna structural corridor is the least understood of the three main deposits with the bulk of the Westmoreland resource base located in the Redtree deposit. The Huarabagoo deposit is approximately three kilometres northeast of the Redtree deposit along the Redtree dike which extends for seven kilometres to the Junnagunna deposit. A 2009 drilling program successfully targeted mineralization in the southern extent of the Junnagunna deposit and this new program demonstrates potential in the southern and central area of the structural corridor.
2.The second target area in the program focused on the Huarabagoo deposit both in the existing resource and in the northern section outside the resource area. Drilling was designed to better define the structurally controlled mineralization in this area and, potentially, increase the resource within the existing deposit and along strike. Drilling in this program delivered significant widths and grades from Huarabagoo which continues to establish the quality of the resource as seen in hole 158 (52 metres at 492 ppm U3O8). The drilling confirmed the Huarabagoo mineralization is controlled by steep structures broadly parallel to the Redtree dike with indications of horizontal mineralization in coarser more permeable sandstone facies. Drilling in the northern portion of the prospect successfully identified a new intersection east of the dike in hole 160 (16 metres at 983 ppm U3O8 from 62 metres). In addition, a new mineralized zone was hit in hole 159 (10 metres at 970 ppm U3O8 within a broader zone of 18 metres at 621 ppm U3O8). This intersection was also a new zone previously unknown located east of the dike.






Sections will be posted to the company’s website.

This initial program of 4,000 metres is for 25 drill holes of diamond core drilling, within a larger program of 30,000 metres. Drilling is continuing with one diamond drill rig and 13 holes in the immediate area have since been completed and assays will be provided. The results from this preliminary drilling provide encouragement to further test the area to determine its resource potential.

Laramide has implemented a quality control program at Westmoreland to ensure best practices. Under the guidelines of the National Instrument 43-101, the qualified person for the Westmoreland uranium project is Peter Mullens who is a fellow of the Australian Institute of Mining and Metallurgy. All drill cores for this program has been assayed with ALS Chemex Laboratory located in Townsville, Australia. Mr. Mullens has reviewed and approved the technical content of this release.

La deuxième nouvelle

Laramide cheers Queensland uranium mining decision

2012-10-22 09:22 ET – News Release

Mr. Marc Henderson reports

LARAMIDE COMMENTS ON QUEENSLAND DECISION TO RECOMMENCE URANIUM MINING

Laramide Resources Ltd. has provided a company update to shareholders following Queensland’s decision to overturn of the decades-long ban on uranium mining. The government decision is a very positive development for Laramide and the company’s flagship Westmoreland project, situated in northwestern Queensland, one of three known deposits in the state.

Queensland Premier Campbell Newman and the Minister for Natural Resources and Mines, Andrew Cripps, announced in a joint statement on Monday, Oct. 22, 2012, that the state government will convene a three-member implementation committee to oversee the recommencement of uranium mining in Queensland. Premier Newman said the decision followed sustained public debate on uranium mining in Queensland, in addition to the strong support for the uranium industry from the Federal Australian Labour Party government.

Marc Henderson, president and chief executive officer, commented: « Westmoreland is one of the largest and highest-quality uranium development projects in Australia — or in the world, for that matter — and will now clearly benefit from clarity over its uranium mining position and our development path and timing. We look forward to a constructive dialogue and working relationship with the Queensland government as this policy change is implemented and we commend Mr. Newman and Mr. Cripps on this important decision. »

There has not been uranium mining in Queensland for approximately 30 years, while other states such as Northern Territory, South Australia and Western Australia have created successful uranium industries.

To learn more about Laramide and to review a copy of the joint statement discussed in this news release, please visit the company’s website

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2 réponses

  • tchicok
    27 novembre 201318:02

    Cette fois, le cours de l'action semble être en corrélation avec les cours de l'uranium !
    Un avis sur le fondamental ?

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