Green Shift Commodities Ltd. (GRCMF)

[Tommy]

$UWEFF - U3O8 Corp. Discovers Potentially Large Area of Shallow Uranium-Vanadium Mineralization Adjacent to Its Laguna Salada Deposit in Argentina
Second new discovery adds significant growth potential to current resource

http://finance.yahoo.com/news/u3o8-corp-discovers-potentially-large-114500616.html

TORONTO, ONTARIO--(Marketwired - Dec 4, 2013) - U3O8 Corp. (UWE.TO) (UWEFF), a Canadian-based company focused on exploration and development of uranium resources and associated commodities in South America, has identified a mineralized area located on the southern extension of its Laguna Salada Deposit in Chubut Province, Argentina (Figure 1). The La Susana discovery contains similar near-surface, free-digging mineralization to Laguna Salada and has potential to add to the current uranium-vanadium resource defined in accordance with National Instrument 43-101 ("NI 43-101")1.

"The uranium-vanadium mineralization at La Susana is typical of the Laguna Salada Deposit and has a footprint that is potentially double the size of the current resource - suggesting considerable resource growth potential and reaffirming the district-scale prospects of the region," said Dr. Richard Spencer, U3O8 Corp's President and CEO. "A larger resource could further enhance the economics of the project which are being defined in a preliminary economic assessment ("PEA") that is nearing completion on the initial deposit at Laguna Salada. With an advanced uranium project in a country committed to bringing more nuclear reactors online and a joint venture currently being negotiated with Petrominera Chubut S.E., the provincial mining company, U3O8 Corp. is positioning Laguna Salada as a potential low-cost, near-term producer in Argentina."" ...