Uranium Hunter Corp. Announces Helicopter Survey Identifying Multiple Uranium Targets at Ruhuhu Project
Tuesday, August 12th 2008
Uranium Hunter Corporation announce that the geophysical interpretation of the aeromagnetic and radiometric surveys conducted over its Ruhuhu Prospect have delineated up to 8 outcropping zones of enhanced uranium activity.
The 1,100 line km of airborne radiometric and magnetic data acquired by airborne contractor NRG over the Ruhuhu Prospect was interpreted by GAP Geophysics of South Africa with the aim of mapping uranium anomalies of possible palaeochannel exploration interest. Some 9 subdivided zones of enhanced uranium activity have been interpreted including anomalies whose responses are up to 5 times greater than background.
Reporting on the findings of their interpretation, GAP Geophysics stated that such anomalous responses characterize Karoo sediments underlying the area and have similar characteristics to uranium palaeochannel deposits in the Republic of South Africa Karoo. As such, they constitute viable exploration targets. The full report prepared by GAP Geophysics is now available as a publication under the “Investor Relations” tab on the company website at www.UraniumHunterCorp.com.
Recent uranium discoveries in similar rock formations to those found at Ruhuhu include the Kayelekera uranium deposit in Malawi, which is owned by Paladin Resources, and the Mkuju River project owned by Mantra Resources. The Kayelekera discovery has an inferred resource of 9.4 million tonnes ore at 0.12% U308. In the case of the Mkuju project, it was recently announced that thick zones of uranium mineralization were intersected with specific results pending.
Commenting on the findings at Ruhuhu, Ghaith Qamheiah, President of Uranium Hunter, stated, “We are extremely encouraged by these results which continue to reaffirm the viability of our Ruhuhu project. With specific targets now identified, we are confident that further fieldwork will continue to follow this positive trend.”
