Dejour Stakes Additional Claims Based on Favorable GEOTEM Survey Results of its Saskatchewan's Athabasca Basin Uranium Properties.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 received the final results of the GEOTEM surveys that were flown on behalf of the Company by Fugro Airborne Surveys during March 2005. The interpretation of the data is very encouraging suggesting existence of an extension of conductors beyond the claims presently owned by Dejour. Consequently, Dejour currently has operations underway to acquire, by staking, additional ground that covers anomalies defined by the electromagnetic survey on both the Company's 100% owned Sand Hill Lake (29,262 ha./72,306 acres) and Meanwell Lake (11,416 ha./28,208 acres) properties in the Athabasca Basin of Northern Saskatchewan. The Company has completed an updated NI 43-101 Technical Report for the Sand Hill Lake Property. A copy of this report can be accessed at www.sedar.com and www.dejour.com. J. Allan McNutt, P.Geo, M.A. Sc. is the qualified person on the project. Historic exploration on the Sand Hill Lake property discovered 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. in fractures in a 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. dike Dike, in Greek religion and mythology Dike: see Horae. dike, in technology dike, in technology: see levee. dike Bank, usually of earth, constructed to control or confine water. at Virgin Lake (1989) and drill hole FH-7 intersected 0.139% U3O8 (1989) in the Athabasca sandstone (width of intersection not available) near Fish Hook Lake. Most of the drilling on the property done by previous operators concentrated on a broad graphitic conductor near Monck Lake where drilling encountered faulting and poor core recovery in the sandstone. While radiometric logging of the drill holes did record anomalous radioactivity (to 680 cps) no uranium analysis were recorded in the files. Previous drilling tested only a 3 km length of this broad graphitic zone which has a known length of 11 km on Dejour's property as estimated from the new GEOTEM survey results that will be extended with the current staking program. Dejour's Sand Hill Lake property is adjacent to the Cameco-UEM-Coronation Mines Virgin River property where drill hole VR-018 intersected uranium mineralization at the unconformity un·con·for·mi·ty n. pl. un·con·for·mi·ties 1. Lack of conformity; nonconformity. 2. Geology A surface between successive strata representing a missing interval in the geologic record of time, and produced with a grade of 5.83% U3O8 over 6.4 metres (including 13.8% over 6.4 metres). Dejour plans continued exploration of its Sandhill A sandhill is an ecological community type found in many parts of the world. Sandhills in the coastal plain of North America This xeric fire-maintained ecosystem features very short fire return intervals, one to five years. Lake property including the recently staked extensions in 2005-6. 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. Refer to www.dejour.com for company details or contact Robert L. Hodgkinson. Statements in this release that are forward-looking statements 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. Shares Issued: 25,728,058 Last Close: 6/7/2005 - $0.49 Dejour Enterprises Ltd. (TSX VENTURE:DJE) |
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