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Airborne exploration confirms large deposits at Uvur Bel |
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Thursday, 17 January 2008 |
New exploration has confirmed
sizable uranium deposits at the Uvur Bel Uranium Project.
Bluerock Resources Ltd. (TSX
VENTURE: BRD) disclosed Wednesday that large uranium deposits were found
in follow-up research working with Soviet-era mining estimates.
Bluerock President Michael
Collins said of the findings, "The 2007 airborne radiometric and
magnetic surveys successfully defined a total of four strong uranium
targets on our Uvur Bel Uranium Project. These targets, combined with
the 'In Sutu Recovery' targets identified in 2007 by researching oil
company exploration and production drilling data, speak to the quality
of the project. Bluerock looks forward to advancing this, and our other
Mongolian projects in 2008."
Working from the air, the explorations
have uncovered two uranium deposits at least five kilometers in diameters
and a third deposits which appears one kilometers in diameter.
Additional horizontal uranium
deposits were also found.
Exploring was performed by
aircraft using a technique called Airborne Radiometric and Magnetics.
Sensitive equipment, carried aboard aircraft, traversed more than 7,200
kilometers over the site, measuring for uranium.
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