Abitex reports 4.93% eU3O8 over 5.2 meters on Lavoie property
VAL D'OR, QC,
The 2009 drilling targeted the western half of the "L" deposit Main Lense. Since 2008, 83 holes totaling 11,280 meters have been completed on the Main Lense which has been defined over a 600 meter strike length on a 25 meter drill pattern. The equivalent U3O8 (eU3O8) results from the 2009 program include numerous high grade intercepts such as:
- 4.930% eU3O8 over 5.2m in hole L-09-65 - 2.801% eU3O8 over 4.4m in hole L-09-55 - 2.289% eU3O8 over 6.7m in hole L-09-64 - 0.677% eU3O8 over 7.7m in hole L-09-66 - 0.393% eU3O8 over 9.0m in hole L-09-63 - 0.346% eU3O8 over 14.0m in hole L-09-48 - 0.232% eU3O8 over 16.8m in hole L-09-53
Yves Rougerie, President & CEO reports: "We are very pleased with the results of this program which confirm the lateral continuity of the mineralized zones and the presence of high grades over the entire strike length of the deposit. In addition, new areas of enrichment were defined during the drill program as on Section 150E with intercepts of 0.526% eU3O8 over 3.8m and 0.230% eU3O8 over 7.0m. Now that the 2009 results are available, we can move ahead quickly to complete the initial resource estimate for this project."
Very good grades were also reported from holes drilled into satellite lenses along strike from the Main Lense, including 1.402% eU3O8 over 2.0m on Section 558W and 0.160% eU3O8 over 6.1m on Section 180W. The Company believes these results are very encouraging and indicative of the additional resource potential of the satellite lenses.
The 2009 program consisted of 4,780 meters in 43 drill holes (including 4 abandoned holes) completed between June and
------------------------------------------------------------------------- Drill Hole Section From To Length Grade Zone eU3O8 No. m m m % eU3O8 kg/T ------------------------------------------------------------------------- L-09-69 625E 8.00 9.50 1.50 0.030 Gabbro 0.3 ------------------------------------------------------------------------- L-09-70 563E 45.40 48.10 2.70 0.431 Gabbro 4.3 ------------------------------------------------------------------------- 50.90 53.30 2.40 0.202 Gabbro 2.0 ------------------------------------------------------------------------- L-09-71 492E NSA ------------------------------------------------------------------------- L-09-48 375E 78.10 92.10 14.00 0.346 Main 3.5 ------------------------------------------------------------------------- 78.20 79.20 1.00 1.226 Main 12.3 ------------------------------------------------------------------------- 85.10 91.60 6.50 0.506 Main 5.1 ------------------------------------------------------------------------- 85.20 86.50 1.30 1.289 Main 12.9 ------------------------------------------------------------------------- L-09-49 375E 43.30 44.80 1.50 0.225 Gabbro 2.3 ------------------------------------------------------------------------- L-09-50 375E 76.40 83.00 6.60 0.071 Gabbro 0.7 ------------------------------------------------------------------------- L-09-51 375E 124.70 125.50 0.80 0.112 Gabbro 1.1 ------------------------------------------------------------------------- L-09-52 375E NSA ------------------------------------------------------------------------- L-09-41 315E 70.60 73.80 3.20 0.140 Main 1.4 ------------------------------------------------------------------------- 72.10 72.60 0.50 0.505 Main 5.1 ------------------------------------------------------------------------- L-09-44 315E 71.10 72.30 1.20 0.161 Gabbro 1.6 ------------------------------------------------------------------------- L-09-45 315E 70.10 70.70 0.60 0.062 Main 0.6 ------------------------------------------------------------------------- L-09-46 315E 124.50 125.60 1.10 0.246 Gabbro 2.5 ------------------------------------------------------------------------- L-09-47 315E 64.50 73.10 8.60 0.308 Main 3.1 ------------------------------------------------------------------------- 66.90 69.00 2.10 0.696 Main 7.0 ------------------------------------------------------------------------- L-09-72 287E 90.80 111.50 20.70 0.174 Main 1.7 ------------------------------------------------------------------------- 92.40 93.70 1.30 0.821 "" 8.2 ------------------------------------------------------------------------- 94.40 95.60 1.20 0.429 Main 4.3 ------------------------------------------------------------------------- L-09-53 256E 85.40 102.20 16.80 0.232 Main 2.3 ------------------------------------------------------------------------- 89.80 91.30 1.50 0.730 Main 7.3 ------------------------------------------------------------------------- L-09-54 256E 92.60 94.90 2.30 0.058 Main 0.6 ------------------------------------------------------------------------- L-09-55 256E 75.50 76.60 1.10 0.221 Gabbro 2.2 ------------------------------------------------------------------------- 92.00 96.40 4.40 2.801 Main 28.0 ------------------------------------------------------------------------- 92.20 94.20 2.00 4.447 Gabbro 44.5 ------------------------------------------------------------------------- 97.60 104.70 7.10 0.226 Main 2.3 ------------------------------------------------------------------------- 101.70 102.70 1.00 0.600 Main 6.0 ------------------------------------------------------------------------- L-09-56 256E 118.90 119.40 0.50 0.087 Gabbro 0.9 ------------------------------------------------------------------------- L-09-57 231E 94.40 98.60 4.20 0.506 Main 5.1 ------------------------------------------------------------------------- 97.20 98.30 1.10 1.001 Main 10.0 ------------------------------------------------------------------------- L-09-80 231E 37.40 38.20 0.80 0.214 Gabbro 2.1 ------------------------------------------------------------------------- 83.20 84.20 1.00 0.159 Gabbro 1.6 ------------------------------------------------------------------------- 86.70 87.80 1.10 0.041 Main 0.4 ------------------------------------------------------------------------- 96.50 101.00 4.50 0.154 Main 1.5 ------------------------------------------------------------------------- 96.50 98.60 2.10 0.312 Main 3.1 ------------------------------------------------------------------------- 104.40 105.70 1.30 0.084 Main 0.8 ------------------------------------------------------------------------- L-09-59 200E 43.30 51.90 8.60 0.253 Gabbro 2.5 ------------------------------------------------------------------------- 43.30 46.30 3.00 0.463 Gabbro 4.6 ------------------------------------------------------------------------- 89.20 106.40 17.20 0.077 Main 0.8 ------------------------------------------------------------------------- 89.50 90.80 1.30 0.320 Main 3.2 ------------------------------------------------------------------------- 109.90 115.00 5.10 0.614 Main 6.1 ------------------------------------------------------------------------- 110.20 111.80 1.60 1.805 Main 18.1 ------------------------------------------------------------------------- L-09-61 200E 65.20 67.60 2.40 0.763 Main 7.6 ------------------------------------------------------------------------- 65.40 66.80 1.40 1.286 Main 12.9 ------------------------------------------------------------------------- L-09-62 200E 123.60 127.40 3.80 1.060 Main 10.6 ------------------------------------------------------------------------- L-09-64 179E 54.50 58.10 3.60 0.315 Gabbro 3.2 ------------------------------------------------------------------------- 86.80 93.50 6.70 2.289 Main 22.9 ------------------------------------------------------------------------- 117.10 122.30 5.20 0.143 Main 1.4 ------------------------------------------------------------------------- 119.60 122.30 2.70 0.249 Main 2.5 ------------------------------------------------------------------------- L-09-65 179E 67.30 72.50 5.20 4.930 Gabbro 49.3 ------------------------------------------------------------------------- 68.50 70.20 1.70 12.727 Gabbro 127.3 ------------------------------------------------------------------------- 80.10 82.30 2.20 2.948 Gabbro 29.5 ------------------------------------------------------------------------- 83.90 86.30 2.40 0.257 Gabbro 2.6 ------------------------------------------------------------------------- 98.50 99.40 0.90 0.140 Main 1.4 ------------------------------------------------------------------------- 108.30 109.80 1.50 1.182 Main 11.8 ------------------------------------------------------------------------- L-09-66 179E 90.70 98.40 7.70 0.677 Main 6.8 ------------------------------------------------------------------------- 90.70 94.60 3.90 1.313 Main 13.1 ------------------------------------------------------------------------- L-09-58 150E 84.30 88.10 3.80 0.526 Main 5.3 ------------------------------------------------------------------------- 84.90 86.70 1.80 1.045 Main 10.5 ------------------------------------------------------------------------- 99.10 100.10 1.00 0.196 Main 2.0 ------------------------------------------------------------------------- 108.90 115.60 6.70 0.357 Main 3.6 ------------------------------------------------------------------------- 109.00 109.90 0.90 1.063 Main 10.6 ------------------------------------------------------------------------- L-09-63 150E 67.20 74.20 7.00 0.230 Gabbro 2.3 ------------------------------------------------------------------------- 89.00 91.20 2.20 2.595 Gabbro 26.0 ------------------------------------------------------------------------- 95.10 104.30 9.20 0.393 Main 3.9 ------------------------------------------------------------------------- 100.20 102.10 1.90 0.934 Main 9.3 ------------------------------------------------------------------------- 113.80 119.30 5.50 0.151 Main 1.5 ------------------------------------------------------------------------- 114.60 117.20 2.60 0.273 Main 2.7 ------------------------------------------------------------------------- L-09-67 150E NSA ------------------------------------------------------------------------- L-09-73 150E 73.30 75.80 2.50 0.053 Gabbro 0.5 ------------------------------------------------------------------------- 77.20 80.60 3.40 0.177 Gabbro 1.8 ------------------------------------------------------------------------- 130.10 132.30 2.20 1.085 Main 10.9 ------------------------------------------------------------------------- L-09-68 119E 33.40 34.80 1.40 0.102 Gabbro 1.0 ------------------------------------------------------------------------- 90.80 93.00 2.20 2.745 Main 27.5 ------------------------------------------------------------------------- L-09-60 93E 86.70 103.40 16.70 0.110 Main 1.1 ------------------------------------------------------------------------- 90.70 91.50 0.80 0.363 Main 3.6 ------------------------------------------------------------------------- 93.30 97.00 3.70 0.236 Main 2.4 ------------------------------------------------------------------------- L-09-74 93E 53.50 54.90 1.40 0.237 Gabbro 2.4 ------------------------------------------------------------------------- 98.60 100.40 1.80 1.001 Gabbro 10.0 ------------------------------------------------------------------------- 107.40 111.80 4.40 0.033 Main 0.3 ------------------------------------------------------------------------- L-09-76 68E 74.20 76.20 2.00 0.162 Gabbro 1.6 ------------------------------------------------------------------------- 83.80 84.90 1.10 0.037 Main 0.4 ------------------------------------------------------------------------- L-09-79A 65E 58.80 60.40 1.60 0.166 Gabbro 1.7 ------------------------------------------------------------------------- 69.40 76.20 6.80 0.747 Main 7.5 ------------------------------------------------------------------------- 71.40 75.80 4.40 1.032 Main 10.3 ------------------------------------------------------------------------- L-09-78 65E Abandonned ------------------------------------------------------------------------- L-09-75 16W 42.60 43.10 0.50 0.027 Gabbro 0.3 ------------------------------------------------------------------------- 86.40 87.00 0.60 0.030 Main 0.3 ------------------------------------------------------------------------- L-09-77 180W 63.90 70.00 6.10 0.160 Main 1.6 ------------------------------------------------------------------------- 66.70 68.90 2.20 0.409 Main 4.1 ------------------------------------------------------------------------- 88.30 92.80 4.50 0.032 Main 0.3 ------------------------------------------------------------------------- Gabbro- L-09-81 340W 48.60 49.90 1.30 0.173 Carbonates 1.7 ------------------------------------------------------------------------- L-09-83A 558W 6.30 7.50 1.20 0.102 Gabbro 1.0 ------------------------------------------------------------------------- 42.20 44.20 2.00 1.403 Gabbro 14.0 ------------------------------------------------------------------------- L-09-82 838W Abandonned ------------------------------------------------------------------------- NSA: No Significant Assays Lengths in meters core length. True widths are not determined at this time. Holes L-09-75;77;81;82 & 83 targeted satellite lenses
Downhole radiometric probing was completed by Uranium Logging Consulting LLC of
The "L" deposit lies between 50 and 100 meters depth below surface and is recognized over a strike length exceeding 600 meters along the contact between flat-lying sediments and a sub-vertical gabbro intrusive. Structurally controlled disseminated and fracture-filled uranium mineralization is found mainly along the contact and within the sediments (Main zone) but also in the intrusive (Gabbro).
The Lavoie property is the subject of an option agreement with AREVA Resources
The technical information in this release has been prepared, reviewed and approved by Yves Rougerie, P.Geo., President and CEO of Abitex and Ms
The Company's public documents may be accessed at www.sedar.com
For further information on the Company, please email us at [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
%SEDAR: 00003760EF
For further information: For further information: Yves J. Rougerie, President and CEO, (819) 874-6200, [email protected]
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