Endeavor Explorations Inc. Exploration Updateadmin
Endeavor Explorations Inc. (EAVR) is pleased to update its shareholders on the progress of its previously announced (see News Release June 18, 2008) Don Lake exploration and summer drilling program. The Don Lake Uranium Project is located approximately 3.2 km (2 miles) north of Uranium City, Saskatchewan, Canada.
EAVR has mobilized manpower and equipment for sampling and GPS spotting the drill targets for confirmation drilling of historical exploration, in advance of final drill permits from the Government of Saskatchewan. See recent photos from Don Lake:
Also, final negotiations are underway with contractors to reopen the Don Lake access road last used in the 1960′s. This road will not only be used for the current drilling program, but grants access to EAVR’s other uranium properties, as the road passes by the former producing Cayzor Mine (http://www.endeavorexplorationsinc.com/s/Cayzor.asp) and access to the former producing Beta Gamma shaft is a short branch road off the main Don Lake Road.
Final negotiations are also underway with diamond drilling companies to begin drilling immediately upon receiving the drill permits.
Don Lake Geological Highlights & Exploration History
The occurrences comprising the showing occur on the southwest side of Don Lake in three radioactive zones named the Don Lake A, B and C zones.
Don Lake Zone A has intersected uranium mineralization along one main vein with a known length of 213.4 metres (700 ft) and that crosses the trend of a northeast-striking lineament. Seven trenches and 19 drill holes have previously been completed over the zone. Radioactive mineralization in Zone A, the most important of the three, is concentrated in one vein system.
Don Lake Zone B is considered to be a continuation of the A Zone. The host rocks are highly granitized to cataclastites or migmatites. Assays returns varied from 0.02% to 1.17% U3O8/ton (0.016% to 0.14% U/ton)
Don Lake Zone C occurs along a band of northwest-striking basic rocks. Assays from trenches and drill holes returned from 0.03% to 3.02% U3O8/ton (0.025% to 2.56% U/ton).
In 1966, Matrix Exploration Ltd. carried out surface work in the form of geological mapping and radiometric surveys. In 1969, they drilled 26 diamond drill holes over the three zones. Nineteen of these holes contained radioactive sections, and significant values over mineable widths were intersected. The highest assay obtained was 10.7% U3O8 (9.08% U) from a .31 metres (1 ft) intersection in hole # 23. This hole is about 91.44 metres (300 ft) away from hole # 1, drilled by Eldorado in 1950, from which a .61 metres (2 ft) section averaging 2% U3O8 (1.7% U) is believed to have been obtained.
Matrix Exploration Ltd. in 1976 did a grid scintillometer survey over the area. Two years later they re-evaluated available past exploration data and did scintillometer traverses over the mineralized zones. The full Government of Saskatchewan Don Lake geological highlights and exploration history can be viewed at http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/default.aspx?ID=1393
About Endeavor Explorations Inc.
Endeavor Explorations Inc. is a publicly trading junior resource exploration and development company, focused on its Uranium Properties near Uranium City, Saskatchewan, Canada. Seven former producing Uranium Mines are located on the Company land holdings. These former producing mines were closed abruptly in the 1960′s due to depressed uranium prices which management believes is not the case today or the foreseeable future. These high potential properties and experienced management will help to position this Company for success.
For further information visit the Company’s web site at www.endeavorexplorationsinc.com.
On behalf of the Board of Directors,
President & CEO
Tel/Fax: (206) 338-2649 email: firstname.lastname@example.org
Source: Endeavor Explorations Inc.