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Message: Final 2008 drilling results for Aurora
Aurora's Final 2008 Infill Drill Results Continue to Strengthen the Resource Value of Jacques Lake, Labrador
Last update: 4:58 p.m. EDT Oct. 1, 2008
VANCOUVER, BRITISH COLUMBIA, Oct 01, 2008 (MARKET WIRE via COMTEX) -- Aurora Energy Resources Inc. ("Aurora" or "the Company") (CA:AXU: news, chart, profile) is pleased to announce the results of the final three holes from its 2008 summer drill program at the Company's 100% owned Jacques Lake deposit ("Jacques Lake") in the Central Mineral Belt, coastal Labrador.
"The final 2008 infill results continue to confirm the continuity of grade and the overall potential of Jacques Lake and its contribution to the Michelin Project," said Bruce Dumville, Aurora's President and CEO. "These shallow depth results will assist Aurora in moving the 43-101 compliant resources from inferred to indicated and measured, and will help advance the Michelin Project pre-feasibility study and the creation of outstanding value."
Highlights of the summer infill program include:
- 0.28% U3O8 over 7.00 metres and 0.14% U3O8 over 8.00 metres in JL08-99
- 0.11% U3O8 over 4.00 metres and 0.05% U3O8 over 12.5 metres in JL08-100
A total of 6,205 metres in fourteen holes have been completed as part of an infill drill program initiated earlier this summer. The drill results for the final holes are as follows:
----------------------------------------------------------- Hole ID From (m) To (m) Length (m) %U3O8 ----------------------------------------------------------- JL08-098 342.00 343.00 1.00 0.11 ----------------------------------------------------------- JL08-099 230.00 237.00 7.00 0.28 ----------------------------------------------------------- and 240.00 245.00 5.00 0.05 ----------------------------------------------------------- and 268.00 276.00 8.00 0.14 ----------------------------------------------------------- JL08-100 49.00 61.50 12.50 0.05 ----------------------------------------------------------- incl. 49.00 49.75 0.75 0.11 ----------------------------------------------------------- and incl. 60.50 61.50 1.00 0.11 ----------------------------------------------------------- and 104.00 106.00 2.00 0.17 ----------------------------------------------------------- and 116.00 119.00 3.00 0.04 ----------------------------------------------------------- and 189.00 193.00 4.00 0.11 ----------------------------------------------------------- - The mineralized zones at Jacques Lake are interpreted as a steep southeast dipping structure such that true widths are approximately 80-90% of stated widths
For a view of the updated long section at Jacques Lake, please use the following link: http://www.aurora-energy.ca/files/Ja... .
Jacques Lake is one of six uranium deposits 100% owned by Aurora within the Central Mineral Belt of Labrador. In three years, it has evolved from an undrilled surface showing to a significant and growing deposit. A complete table of Aurora's Central Mineral Belt resources can be viewed at: http://www.aurora-energy.ca/files/Au... . Both the Jacques Lake and Michelin deposits lend themselves to conventional open pit and underground mining and processing techniques and both remain open for expansion.
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