Message #6 From:
gapper2 Date: June 23, 2009 09:46:53 AM
another PR from one of the biggest sleepers out there
this could be the worlds largest Vanadium deposit..............that is from their own web site, they say that. this will be found out soon....................the market cap is almost nothing now.
Uranium Star Releases 15 Additional Trench Results on Green Giant Vanadium Project
TORONTO, June 22 /PRNewswire-FirstCall/ - Uranium Star Corp. (OTCBB:URST - News; FRANKFURT:YE5 - News;
"Uranium Star" or "the Company") announces it has received results from
15 additional trenches on its Green Giant Vanadium Project in
Madagascar.
Significant Vanadium Values Confirmed
A
total of 21 trenches have been established to date. All have been
mapped, sampled and analyzed. The Company is greatly encouraged by the
recently received trench results that are confirming that the host
structure along its entire 21 km strike length contains vanadium values
of economic interest.
Highlights of Trench Results
A
highlight of returned analytical results include the following; Trench
21 with 1.08% V(2)O(5) over 51 metres; Trench 19 with 0.77% V(2)O(5)
over 105 metres; Trench 15 with 0.56% V(2)O(5) over 54 metres; and
Trench 7 with 0.41% V(2)O(5) over 150 meters. A complete list of trench
results can be viewed on the table enclosed below.
Extensive
trenching, using two mechanical excavators, is being conducted over
anomalous vanadium trends and their strike extensions defined by the
2008 drilling program as well as geophysical and geochemical surveys.
Initial analytical results have been received utilizing the Company's
hand-held XRF units. Past experience indicates that these units very
adequately generate vanadium values that can be utilized with
confidence. A comparison of the 2008 drill results between the XRF and
commercial laboratory assays was very strong.
Results from the initial 6 trenches were released in the Company's press release of May 27, 2009.
Trenches
TR-09-01 to 08 and TR-09-11,12 and 13 were established in the southern
zone of the Property. They represent a strike length of 4.2 kilometers
with the first 9 trenches mentioned having a strike length of 1.2
kilometers. Trench 12 is a further 1.2 kilometers to the north and
Trench 13 is 1.8 km north of Trench 12. The Central Zone is 5.5 km
north of Trench 13 and trenches represent a strike length of 900
meters. The North Zone is 6.8 km north of the Central Zone and has
currently been trenched over a strike length of 1km.
Additional
trenching is ongoing and will infill between the three zones mentioned
above to further validate that vanadium mineralization is as wide
spread as the geological, geophysical and geochemical signatures
indicate.
Significant Grades of Vanadium Mineralization Seen Over Widths Exceeding 200 Meters
The 2008 drilling program indicated that vanadium values
within the near-surface oxide zone are enhanced over those from primary
mineralization. The current trenching program aims to provide a
detailed assessment of the widths and grade of this style of vanadium
mineralization and ultimately use it to assist in designing a
next-phase drill program. The 2008 drilling results indicated that
widths of near surface vanadium could be as high as 50-100 meters or
more. The initial trench results from the south end of the property
indicate that the near surface mineralization has widths that are far
beyond the Company's initial expectations. Significant grades of
vanadium mineralization have been seen over widths exceeding 200
meters. An extensive drill program is planned for later in the year
that will allow Uranium Star to calculate a compliant resource
statement that can be used as an economic assessment of the deposit.
The following table defines the XRF results for vanadium from the 21 trenches established to date:
------------------------------------------------------------------------- Trench # UTM UTM Length V2O5 Location From To (m) (%) ------------------------------------------------------------------------- TR-09-001 501300 501420 120 0.51 South Zone ------------------------------------------------------------------------- TR-09-002 501300 501518 218 0.65 South Zone ------------------------------------------------------------------------- TR-09-002 501428 501460 32 1.3 South Zone ------------------------------------------------------------------------- TR-09-003 501361 501609 248 0.63 South Zone ------------------------------------------------------------------------- TR-09-003 501481 501539 58 1.38 South Zone ------------------------------------------------------------------------- TR-09-004 501427 501653 226 0.52 South Zone ------------------------------------------------------------------------- TR-09-004 501537 501587 50 1.01 South Zone ------------------------------------------------------------------------- TR-09-005 501447 501457 10 0.24 South Zone ------------------------------------------------------------------------- TR-09-005 501487 501575 88 0.27 South Zone ------------------------------------------------------------------------- TR-09-005 501543 501575 12 0.44 South Zone ------------------------------------------------------------------------- TR-09-005 501602 501676 32 0.25 South Zone ------------------------------------------------------------------------- TR-09-006 501602 501632 30 0.44 South Zone ------------------------------------------------------------------------- TR-09-006 501666 501676 10 0.61 South Zone ------------------------------------------------------------------------- TR-09-006 501702 501748 46 0.42 South Zone ------------------------------------------------------------------------- TR-09-007 501638 501788 150 0.41 South Zone ------------------------------------------------------------------------- TR-09-007 501756 501772 16 1.02 South Zone ------------------------------------------------------------------------- TR-09-008 501720 501854 134 0.47 South Zone ------------------------------------------------------------------------- TR-09-008 501822 501842 20 0.98 South Zone ------------------------------------------------------------------------- TR-09-009 504492 504566 74 0.29 North Zone ------------------------------------------------------------------------- TR-09-010 504426 504491 65 0.40 North Zone ------------------------------------------------------------------------- TR-09-010 504445 504475 30 0.84 North Zone ------------------------------------------------------------------------- TR-09-011 502062 502110 48 0.52 South Zone ------------------------------------------------------------------------- TR-09-011 502072 502092 20 0.82 South Zone ------------------------------------------------------------------------- TR-09-012 502140 502176 36 0.57 South Zone ------------------------------------------------------------------------- TR-09-012 502148 502168 20 0.65 South Zone ------------------------------------------------------------------------- TR-09-013 502342 502394 52 0.21 South Zone ------------------------------------------------------------------------- TR-09-013 502424 502438 14 0.63 South Zone ------------------------------------------------------------------------- TR-09-014 503379 503453 74 0.57 Central Zone ------------------------------------------------------------------------- TR-09-014 503397 503429 32 0.92 Central Zone ------------------------------------------------------------------------- TR-09-015 503440 503466 54 0.56 Central Zone ------------------------------------------------------------------------- TR-09-016 503400 503441 41 0.25 Central Zone ------------------------------------------------------------------------- TR-09-016 503441 503478 37 0.56 Central Zone ------------------------------------------------------------------------- TR-09-016 503444 503456 12 0.83 Central Zone ------------------------------------------------------------------------- TR-09-017 503448 503466 18 0.53 Central Zone ------------------------------------------------------------------------- TR-09-018 504321 504421 100 0.32 North Zone ------------------------------------------------------------------------- TR-09-019 504147 504252 105 0.77 North Zone ------------------------------------------------------------------------- TR-09-020 504098 504185 87 0.62 North Zone ------------------------------------------------------------------------- TR-09-021 504126 504196 70 0.88 North Zone ------------------------------------------------------------------------- TR-09-021 504141 504192 51 1.08 North Zone -------------------------------------------------------------------------
All trench samples are being sent to a commercial laboratory
for verification of the XRF results. A rigorous QAQC program is in
place to ensure accuracy of analytical results.
Bill Nielsen, P.Geo., Director and Project Manager is the qualified person for this report.
Taiga Consultants Ltd. is supervising Uranium Star's exploration activities on the Green Giant Vanadium Project in Madagascar.
