Press Release Source: Uranium Star Corp.
Uranium Star Provides Exploration Program Update for the Sagar Property in Northern Quebec
Thursday July 5, 8:30 am ET
TORONTO, ONTARIO--(MARKET WIRE)--Jul 5, 2007 -- Uranium Star Corp. (OTC BB:URST.OB - News)(Frankfurt:YE5.F - News) is pleased to provide an update on exploration activities on the Sagar property in Northern Quebec.
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In one of the more promising target areas on the property anomalous uranium was detected from soil samples using the InnovXsystems-X50 XRF mobile analyzer. Subsequent prospecting in the area yielded radiometric readings from 5,000 to greater than 10,000 counts per second (CPS). Past work has indicated that anomalous gold was also present in the overburden.
This is a significant step forward in defining specific drilling targets on the property. A reverse circulation (RC) drill has been repositioned to work on this specific target area. Drilling is currently underway.
In order to protect Uranium Star's interest in the area, 13 additional claims have been acquired along the western boundary of the Sagar Property. These claims are adjacent to the highly prospective area described above.
To date, the Summer 2007 program has completed 11 reverse circulation drill holes and 4 diamond drill holes. In excess of 3,500 soil samples, have been collected and are continuing to be analyzed onsite.
Other target areas on the property have also shown distinctly anomalous situations and will be followed up with either reverse circulation and/or diamond drilling.
The above exploration activity is occurring as scheduled and is designed to identify the potential source area of the Mistamisk Boulder Field as well as other potential sources of gold and uranium mineralization. This boulder field, which is approximately 500 X 250 meters in size contains many radioactive boulders. In a Virginia Mines report, 70 boulders assayed an average of 1.3% Uranium (U) and 64.9 g/t Gold (Au), with values up to 4.11% U and 640 g/t Au.
Kirk McKinnon, President and CEO of Uranium Star, commented that "We have always believed that where there is smoke, there should be fire. We are now just beginning to see some indications of flame at the Sagar property."
ABOUT THE COMPANY
Uranium Star Corp. is a rapidly emerging uranium exploration company with assets in Northern Quebec and Arizona. Its shares are traded on the OTCBB under the symbol URST, as well as the Frankfurt Exchange under the symbol YE5. The Company continues to focus on high priority uranium property acquisition and exploration in order to participate in meeting the significant and increasing demand for uranium as an alternative energy source.
QUALIFIED PERSON
Craig Scherba, PGeo, is the qualified person on the project and supervised the preparation of the technical information in this release.
Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Contact:
Contacts:
The Buick Group
Jon Ruby
Toll Free: 1-877-748-0914
Email: jruby@buickgroup.com
Uranium Star Corp.
Kirk McKinnon
President and CEO
(416) 364-4986 or 1-800-818-5442
Uranium Star Corp.
Richard Schler
Vice President and CFO
(416) 364-4986 or 1-800-818-5442
Website: www.uraniumstar.com
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Source: Uranium Star Corp.
Gruß
MadX
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