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Re: Funaboard post# 116006

Monday, 12/20/2010 8:10:58 PM

Monday, December 20, 2010 8:10:58 PM

Post# of 233387
Re: Uranium on Rusty Ridge...historical assay results



August 21, 2002...page 28 shows Uranium in the assays

http://gis.geosurv.gov.nl.ca/geofilePDFS/WBox035/NFLD_2821.pdf



MOUNT PEARL, NEWFOUNDLAND--Cornerstone Capital Resources Inc. (CDNX - CTP) has received the results of a 3-D magnetic inversion completed on data over a portion of the Ken's Mountain magnetic anomaly on the South Princess property. The work had been undertaken to further investigate the potential for iron oxide-copper-uranium-gold-silver-rare earth deposits in the area...

Further work in 2001 showed the Ken's Mountain area to exhibit several geological, geophysical and geochemical characteristics associated with iron oxide-copper-uranium-gold-silver-rare earth deposits, particularly deposits in Australia. The most striking characteristic is the fact that the 12 X 4 km magnetic anomaly in the Ken's Mountain area [a.k.a. “Rusty Ridge”] is adjacent to the Charlottetown Fault, a major regional structure. The South Princess area rocks developed in an extensional continental environment during late Proterozoic time, a setting common to a number of the world's largest iron oxide type deposits...

http://www.marketwire.com/press-release/Cornerstone-Capital-Resources-Inc-Exploration-Update-South-Princess-Property-381714.htm




From: http://emg.geoscienceworld.org/cgi/reprint/11/1-4/125
~Thanks to stocksgonewild