Strongbow Exploration Inc.: Airborne Radiometric/Magnetic Survey Commences at the North Thelon Uranium Project, Nunavutadmin
Wednesday, August 9th 2006
Strongbow Exploration Inc. is pleased to report it has been notified by Bayswater Ventures Corp. that a fixed wing radiometric and magnetic survey has commenced over the companies’ North Thelon uranium project, Nunavut. The North Thelon project consists of ten prospecting permits in two blocks encompassing 330,794 acres (144,868 hectares) covering a northeasterly trending exposure of basement rocks within the northern Thelon Basin. The exposed rocks consist of Amer Group metasediments that are flanked by younger Thelon sandstones along the Amer Fault Zone. This fault structure is a major northeast trending regional tectonic feature with the potential to provide a structural and stratigraphic trap for uranium mineralization.
A recently completed compilation of past exploration activity in the project area has identified a number of radioactive boulder trains with various orientations related to different ice directions. The boulder trains have reportedly been traced for lengths of up to 4 km with one of the trains defined by over 1400 radioactive boulder occurrences. Previous workers report sampling 32 boulders of radioactive, hematitic Thelon sandstone breccia with assay results returning up to 0.4% U3O8. The lithological characteristics of a number of the breccia boulders suggest proximity to the Amer/Thelon unconformity. The Amer Group metasediments are predominantly pelitic to semi-pelitic schists with local graphitic mudstones and iron rich units with the potential to provide a favourable reducing environment for the formation of unconformity type uranium deposits.
The radiometric/magnetic survey is being flown at 200m line spacings, with coverage to include the areas where radioactive boulder trains have been identified. Following completion of the airborne survey and analysis of the data, Bayswater plans to carry out a preliminary follow-up prospecting program of resultant radiometric anomalies and the radioactive boulder trains. Weather permitting, this follow up program will be completed during the fall of 2006.
Strongbow and Bayswater are jointly exploring the North Thelon project under the terms of the Canada Uranium Joint Venture (“CUJV”) originally announced January 24, 2006 (Strongbow news release #06-04). Under the terms of the CUJV, Strongbow has elected to designate the North Thelon project as an “Earn-in Project” whereby Bayswater is required to spend the first $600,000 in exploration expenditures on the property in order to maintain its 50% interest. As such Bayswater is funding the entire cost of the current airborne survey.
Strongbow’s uranium exploration activities are conducted under the supervision of Robert Campbell, P.Geo. (BC), a qualified person under NI 43-101. Exploration of the North Thelon project is conducted under the supervision of George M. Leary, P.Eng. (BC), President of Bayswater and a qualified person under NI 43-101.
STRONGBOW EXPLORATION INC.
Kenneth A. Armstrong, President and CEO
The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.
Ken Armstrong Strongbow Exploration Inc. President and CEO (604) 668-8355 (604) 668-8366 (FAX) firstname.lastname@example.org
Source: Strongbow Exploration Inc.