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East Asia Minerals confirms major uranium deposits at Ulaan Nuur and Ingiin-Nars PDF Print E-mail
Thursday, 25 October 2007
ImageCanada’s East Asia Minerals Corporation (TSX VENTURE:EAS) announced Tuesday it has confirmed sizable uranium deposits at its Ulaan Nuur and Ingiin-Nars uranium sites in Mongolia.  

“These initial results validate the historic Soviet reporting of significant…..uranium mineralization at both properties,” the company noted in a written statement. 

Uranium deposits at the sites were found to be 150 to 300 meters wide, 50 to 100 meters long and from 0.1 to 7.65 meters thick. Additionally, earlier estimates of 10,000 tons of uranium at Ulaan Nuur and 2,200 tons at Ingiin-Nars may have to be revised upward. 

East Asia Minerals is an Asian-based, Canadian mineral exploration company with uranium, gold and copper assets in Mongolia. The Company owns the Ingiin-Nars, Ulaan Nuur and Enger uranium properties and has a 75 percent interest in the Khok Adar copper oxide discovery in Mongolia.

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