Friday, April 22, 2011 10:15:30 AM
Vancouver, BC, April 21, 2011 – Uranium North Resource Corp. (TSX-V: UNR) announces that it has signed an agreement with North Arrow Minerals Inc. to acquire exploration data for the Nowyak gold / silver property in Nunavut. The data includes geophysical, geological and sample assay data for the property. The purchase price for the data is $15,000 cash and 75,000 common shares.
Uranium North owns the Nowyak property 100%. The data was originally collected in the late 1990’s and early 2000’s. The important components of these data include prospecting results east of the main showings that locate a broad zone of gold values yet to be followed up and digital data from an Induced Polarization survey that may assist in defining drill targets.
Upon detailed review and analysis of this dataset Uranium North will release any material information that is identified. This agreement is subject to approval of the TXS-Venture Exchange.
Uranium North is exploring five gold properties of which two are candidates for drilling. In addition, the company is planning an aggressive resource expansion program on its 100% owned Amer Lake uranium property.
For further information please contact:
Uranium North Resource Corp
Heather Kays Manager of Corporate Communications Tel: 604-719-3430 Fax: 604-484-7143 Email: info@uraniumnorth.com Web site: www.uraniumnorth.com
It's all happened before and it will all happen again. Might as well profit from it.
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