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Wednesday, September 19, 2007 12:16:58 AM
"The result of the laboratory confirmation of the samples taken from Russell’s Cache claims validated that there is, in fact, uranium present. Although the percentage of ore from that particular sample is not considered sufficiently mineable, the result is such that drilling should continue on that permitted area in Utah’s Lisbon Valley, and the target depth should increase to an average of 350 feet.
Drilling has commenced on Russell’s recently permitted claims in the Elk Ridge area of Utah’s San Juan County. While working in this area, a tailings pile in close proximity to an abandoned uranium mine, last believed to be operational in the mid 1960s, was found. Using a hand-held Geiger counter on various areas of the pile revealed the presence of high-grade uranium. Certain areas registered as high as 4 percent while others registered between 1 and 3 percent. "
Reading between the lines:
We got us some crazy Uranium here...can you believe this...it's only Tuesday, it's only Tuesday Baby!
-faz
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