Uranium North Initiates Program on the Nowyak Gold and Silver Property in Preparation for Drilling
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/19/11 -- Uranium North Resource Corp. ('Uranium North' or the 'Company') (TSX VENTURE: UNR) announces that field crews have arrived on site at the Company's 100% owned Nowyak gold and silver property in Nunavut and the Phase I field program is underway.
'Our data review at Nowyak has resulted in the identification of several high priority target areas and exploration concepts. This program will test these ideas and confirm targets for drilling later in the season,' says Mark Kolebaba, President and CEO of Uranium North Resources.
The Phase I program comprises prospecting, geophysical surveying and geological mapping to assist in target selection for a Phase II drill program scheduled to begin in August.
The company is currently drilling the Mallery gold project and the Amer Lake uranium project. To view a video presentation on the Mallery gold project please visit our website at www.uraniumnorth.com.
About Uranium North
Uranium North Resources is focused on gold, silver and uranium in Nunavut. All properties are 100% owned including the Amer Lake uranium deposit, one of the largest uranium resources in Nunavut. The Company is drilling three projects in the 2011 summer program.
On behalf of Uranium North Resources
Mark Kolebaba, President and CEO
Forward-Looking Information
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 exploration drilling, activities and events or developments that Uranium North Resources Corp (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, 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.
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.
Contacts:
Uranium North Resource Corp.
Heather Kays
Corporate Communication
604-484-7120
604-484-7143 (FAX)
info@uraniumnorth.com
www.uraniumnorth.com