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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Murchison Utd | LSE:MUU | London | Ordinary Share | AU000000FTE4 | NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
MURCHISON UNITED NL ACN 009 087 852 ASX CODE: MUR, AIM CODE: MUU, Telephone: +618 9322 4071, Fax: +618 9322 4073 ASX and AIM Release 6 June 2007 Re-Release of Announcement from 31 May 2007 Due to an oversight, the following announcement was issued to the market on 31 May 2007 without inclusion of a statement from a competent person in relation to the inclusion of previously reported rock chip sampling results of 9,500ppm U3O8 from the Company's licences in the Bir En Nar region, in Mauritania. Uranium Drilling Completed in Guinea, West Africa - Next Phase of Drilling Being Planned for Mauritania Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce that it has successfully completed the first phase of its uranium exploration program in West Africa, with the 2,050 metre RC drilling programme at the Company's Firawa Prospect in southern Guinea now completed. Samples are currently en route to Canada for multi-metal analytical processing. Assay results will be released to the market when available. Following the completion of this first drilling programme in West Africa, the Company is also pleased to advise that it is currently negotiating access to a drilling rig in order to commence a drilling programme at its licences in the Bir En Nar region in Mauritania. Depending upon drill rig availability, the Company aims to commence drilling within 2 to 3 months. Murchison presently holds five uranium exploration permits in Mauritania covering a total area of 7,000km2. Reprocessed historic airborne radiometric data have indicated a number of prospective uranium anomalies within these tenements which returned encouraging grades of up to 9,500ppm U3O8. Drilling will initially focus on the Bir En Nar region. Please call Mark Reilly with any queries. Mark Reilly Managing Director The information in this announcement that relates to exploration results is based on information compiled by Mr. Bosse Gustafsson, who is a member of the European Federation of Geologists a Recognised Overseas Professional Organisation ("ROPO"). Mr Bosse Gustafsson is a full time Executive Director of Murchison United NL and is responsible for exploration activities in Mauritania and Guinea. Mr Gustafsson has sufficient experience, which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserve'. Mr Gustafsson consents to the inclusion in this report of the matters based on their information in the form and context in which it appears. Murchison United N.L
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