Message #2 From:
NewsBot Date: April 13, 2008 03:19:17 PM
Uranium 308 Corp.: 2008 Janchivlan Exploration Program Launched
Uranium 308 Corp.: 2008 Janchivlan Exploration Program Launched
Veteran
North American Geologists Lead Technical Team; Designated Qualified
Person on Project to Ensure Compliance With Canadian National
Instrument 43-101
Uranium 308 Corp. (OTCBB: URCO) (The "Company")
is pleased to announce the launch of its 2008 exploration program on
the Janchivlan Project, located 70 km southeast of the Mongolian
capitol of Ulaanbaatar.
The project's technical team is comprised of North American
geologists with more than 180 years of collective exploration
experience, much of it international. A designated Qualified Person
(QP) has been assigned to the Janchivlan project to ensure compliance
with Canadian National Instrument 43-101.
The exploration contractor chosen for the project is Yunnan Nuclear
Industry Brigade 209 (Team 209). The most experienced and successful
uranium exploration group in China, Team 209 has a Class A exploration
designation, a Chinese certification signifying the highest level of
qualification. Team 209's geological staff and drilling division have
both worked with foreign joint ventures in China and also have
experience working outside the country. They will conduct preparatory
geological, geophysical, and geochemical fieldwork as well as diamond
core drilling under the direction of the Uranium 308 Corp.'s technical
team.
The 2008 Exploration program includes the scientific investigation
of six (6) target areas on the 196.39 sq. km Janchivlan property.
Activities include geological mapping, radiometric surveying,
trenching, and sampling. Once targets are selected, the Company will
undertake a 25,000-meter diamond core drilling program.
The first holes to be drilled (in early April) are two targets in
the North and South Blocks left over from the 2007 exploration program.
Other geological and engineering field activities will commence later
in April. Five drill rigs will be available for the full drilling
program.
Uranium 308 Corp. has selected Activation Laboratories (www.actlabs.com)
to analyze the samples for multi-element assays from this program.
Proprietary geochemical programs will be used in analyzing the mineral
potential and define ore resources.
About Uranium 308 Corp.
Uranium 308 Corp. is a mineral exploration and development company
engaged in the acquisition, exploration and development of large scale
low-cost, high-value properties internationally. Uranium 308 Corp.'s
current primary focus is uranium exploration in Mongolia.
FORWARD LOOKING STATEMENTS This news release may include
"forward-looking statements" regarding Uranium 308 Corp., and its
subsidiaries, business and project plans. Such forward looking
statements are within the meaning of Section 27A of the Securities Act
of 1933, as amended, and section 21E of the United States Securities
and Exchange Act of 1934, as amended, and are intended to be covered by
the safe harbor created by such sections. Where Uranium 308 Corp.
expresses or implies an expectation or belief as to future events or
results, such expectation or belief is believed to have a reasonable
basis. However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results to
differ materially from future results expressed, projected or implied
by such forward-looking statements. Uranium 308 Corp. does not
undertake any obligation to update any forward looking statement,
except as required under applicable law.
