Diverse Suite of 'Electric Metals' Offers Potential to Define a High-Value, Multi-Commodity Resource in the Near-Term
TORONTO, ONTARIO -- (Marketwire) -- 12/08/10 -- U3O8 Corp. (TSX VENTURE: UWE) a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, reports grades of uranium, phosphate, vanadium, yttrium, rhenium, silver and molybdenum intersected in its first drilling of the Berlin Project in Caldas Province, Colombia. The Berlin Project is a sediment-hosted, multi-commodity prospect with a historic resource(1) of 12.9 million tonnes at an average grade of 0.13% U3O8 (38 million pounds U3O8) estimated on the southern 4.4 kilometres ('km') of a 10.5km long mineralized trend. No estimate of other elements was reported from historic work. Trenching is underway to confirm historic data that indicates similar uranium grades occur in the northern 6km of the property.
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