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MUU Murchison Utd

2.00
0.00 (0.00%)
29 Jul 2024 - Closed
Delayed by 15 minutes
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

Re-Release - Uranium Drilling Update in Guinea, West Africa

06/06/2007 10:13am

UK Regulatory


    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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