Dejour Expands Athabasca Basin Uranium Holdings to 887,986 Acres/359,357 ha.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Dejour Enterprises Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DJE) - Robert L. Hodgkinson, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , reports the Company has successfully staked four (4) new uranium claims in Saskatchewan's Athabasca Basin The Athabasca Basin is a region of Northern Saskatchewan and Alberta Canada that is best known as the world's leading source of uranium. It currently supplies about 30% of the world's uranium. The basin is located just to the south of Lake Athabasca. adding 17,225 acres (6,971ha.) to the Company's holdings. These new claims are of material interest to the Company and were targeted as a result of Dejour's successful MEGATEM II airborne electromagnetic survey over its Fleming property. The survey reveals several previously unknown electromagnetic anomalies two of which trended off Dejour's original Fleming Project property onto land previously unclaimed. The Company made it a priority to stake the available land immediately. The new claims are contiguous with Dejour's Fleming Project claims increasing the project by 25% to 84,819 acres (34,325 hectares). The Fleming Project was one of the first properties acquired by the Company in the Athabasca Basin where claims were staked to cover identified outcropping uranium mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. . Grab samples from mineralization in fractures in diabase diabase: see basalt. diabase or dolerite Fine- to medium-grained, dark gray to black intrusive igneous rock. Diabase is one of the dark rocks known commercially as “black granite. dikes cutting the Athabasca sandstone assayed up to 3% U308. The Company conducted a review of historical exploration data on file with Saskatchewan Industry and Resources which revealed that most of the Fleming Project lands have not previously been explored. J. Allan McNutt, P. Geo., M.A. Sc. is the qualified person on the project. About the Athabasca Basin The Athabasca Basin in Northern Saskatchewan, Canada is the largest mineral production camp in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . This area hosts the world's largest and highest grade uranium deposits accounting for 1/3 of the global uranium supply, a figure which is expected to increase significantly by the end of the decade. Exploration and uranium production in the Basin has support from all levels of governments, institutions, and organizations. Dejour has the 5th largest mineral holdings in the Basin: Total Claims - 60 Total permits - 4 Total hectares -359,357 Total acres - 887,987 About Dejour Dejour Enterprises Ltd. is a Canadian energy exploration and development company whose mission is to provide superior shareholder value by acquiring and developing unique and rewarding opportunities within today's burgeoning energy markets. The Company is listed on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol (DJE). Statements in this release that are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Corporations' periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not assume the obligation to update any forward-looking statement. Robert L. Hodgkinson, Chairman & CEO DEJOUR ENTERPRISES LTD. Shares Issued: 25,845,058 Last Close: 9/14/2005 - $0.63 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. Dejour Enterprises Ltd. (TSX VENTURE:DJE) |
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