KELOWNA, BC, March 27 /CNW/ - Trigon Uranium Corp. ("Trigon" or the
"Company") (TSX-V:TEL) today announced that the company is opening a United
States office in Golden, Colorado. Golden is a suburb of Denver. The new
office will be managed by Thomas F. Buchholz, Trigon's Senior Mining Engineer.
The company's uranium exploration and development operations in the United
States will be managed primarily from the Golden office. This will include due
diligence in respect of new projects, and project planning and management.
Trigon is currently expanding its geological and engineering staff to meet the
needs of its growth.
Mr. Sidney Himmel, President and CEO of Trigon stated: "We are very
pleased to be opening our new office in Golden, Colorado. Golden is the home
of the Colorado School of Mines and is conveniently located to support
exploration and development in Utah and Colorado. In addition to the
development of our current portfolio of properties in Utah we intend to
acquire mines in the Colorado Plateau and expand into Wyoming and New Mexico.
These efforts will be headed up from the Golden office. It should be noted
that while historically uranium development commenced in Colorado, the largest
uranium resources in the United States are located in Wyoming and New Mexico.
We intend to expand into these states by way of joint ventures and
acquisition. We are also looking forward to our Marysvale drill program, which
will start at the beginning of April, and the upcoming Henry Mountains drill
program, which is scheduled to commence in May."
About Trigon Uranium Corp.
Trigon Uranium Corp. is a uranium exploration and development company
focused on the known deposits of the south-western United States, a region
that has produced over one billion pounds of uranium. Trigon has a
highly-qualified team of uranium exploration experts to direct its efforts at
its Marysvale, Henry Mountains and Wray Mesa projects of southern Utah, and
elsewhere in North America. Trigon also operates a portfolio of high potential
diamond exploration properties within a wholly-owned subsidiary, Trigon
Diamond Corporation Ltd. Trigon has 52,212,956 shares outstanding and its
stock trades on the TSX Venture Exchange under the symbol "TEL".
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The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This release
includes certain statements that may be deemed "forward-looking statements".
All statements in this release, other than statements of historical facts,
that address future developments that the company expects to occur, are
forward-looking statements. Although the company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results to differ
materially from those in forward looking statements include market prices,
exploitation and exploration successes, and continued availability of capital
and financing and general economic, market or business conditions. Investors
are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from
those projected in the forward-looking statements. The Company does not assume
any obligation to update or revise its forward-looking statements, whether as
a result of new information, future events or otherwise.
For further information:
For further information: please visit www.trigonuraniumcorp.com or
contact: Sidney Himmel, President and Chief Executive Officer, Trigon Uranium
Corp., Tel: (250) 317-3624, Email: email@example.com; Jeanny
So, Broker Relations Specialist, CHF Investor Relations, Tel: (416) 868-1079
x225, Email: firstname.lastname@example.org