Re: something completely different... Otish 308 property

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sparkligwatr

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Re: something completely different... Otish 308 property

in response to

something completely different... Otish

mzsmith

posted on Feb 06, 2008 04:36PM

Some may not have notice this about Majescor Mistassini property that recently had news yesterday regarding Intersects 17 m of 0.20% U3O8 near surface at Mistassini, Otish Mountains, Quebec.

Attached maps show that their property is close to Kodiak's 308 property.

and of real note is that Majescor property mentioned today in a Strateco news release today.

Also in the Otish Mountains, Strateco will decide in the next two weeks whether it will exercise its right to acquire a 60% undivided interest in Majescor’s 100% uranium interest in the Mistassini property, located 50 km southeast of the Matoush project’s AM-15 lens. The letter of intent dated November 26, 2007 provides for Strateco to acquire a 60% interest by spending $1.3 million on exploration over three years, including $500,000 the first year, which includes the recent four-hole program completed by Majescor using the Versadrill based at the Matoush project.
Majescor announced the results of this program on February 5, 2008, including Hole MIST-07-03, which returned an intersection of 0.20% U3O8 over 17.0 metres in the basement rock.