Stans Energy Announces Geophysical Results and Identifies First Drill Target for the 'Aktyuz Ore Field'
To visually see the geophysical results, please visit Stans Energy's website, www.stansenergy.com/AOF.htm.
These initial geophysical results indicate the main east-west fault, which was the target for Soviet trenching and surface drilling, is likely the source of the 'Aktyuz Ore Field's' polymetalic mineralization. Additional geophysical studies will be completed across the remainder of the fault line, to a depth of roughly 400 m below surface, in order to determine other additional anomalies for drilling.
Previously, geologists from the Soviet era performed trenching and surface drilling on the Kutessay III mineralized horizon, to a depth of 50 m, and made the following observations. "This zone is composed of small groups of separated ore bodies detected in surveying (1945-1946) and exploration (1957-1961) with Molybdenum and Thorium mineralization. The ore occurrences are composed of separate lenses (with thicknesses from 2 m to 35 m)."
There were seven known mineralized horizons reported by Soviet geologists and this first target under Kutessay III supports their theory that there would be additional mineralized targets that do not come to surface.
Stans Energy will be discussing these results and its plans for the remainder of the year at the company's annual meeting on July 14th, 2010.
Please visit Stans Energy's website - www.stansenergy.com for additional information.
Dr. Gennady Savchenko QP and Managing Director of Stans Energy KG has reviewed and is responsible for this press release. There are no assurances that any such projects or opportunities will be successful or any exploration or development rights secured or exploited.
Neither the 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.
For more information, please contact
Stans Energy Corp.
Robert Mackay, President and CEO
647 426 1865
robert@stansenergy.com
www.stansenergy.com
or
The Buick Group
Jonathan Buick, Investor Relations
416 915 0915
jbuick@buickgroup.com