Sixth Wave Innovations Inc (SIXWF)

[junkHustler]

Athabasca Upbeat on Saskatchewan Results

6/26/2012 12:43:09 PM | Stockhouse Editorial

“Athabasca’s exploration team will further examine all results with an eye to making a world class discovery,’’ said President Gil Schneider.

Athabasca Uranium Inc. (TSX: V.UAX, Stock Forum) said it is encouraged by exploration results from its Keefe Lake uranium project in the Athabasca Basin area of Saskatchewan.

“The company is extremely pleased with results to date,’’ remarked UAX President Gil Schneider in a press release. “Uranium grades encountered and the size and scale of the alteration zone at Keefe is remarkable, and are typical of those found in the outer envelopes of major Basin deposits,’’ he said.

“Athabasca’s exploration team will further examine all results with an eye to making a world class discovery.’’

Unchanged at 13.5 cents on Tuesday, Athabasca has a market cap of $7 million, based on 52.2 million shares outstanding. The 52-week range is 27 cents and 13 cents.