RSC High Potential Uranium Properties in Quebec, Canada Catch Investors Interest.MONTREAL -- Strateco Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:RSC RSC Royal Society of Chemistry (UK) RSC Royal Shakespeare Company RSC Responsabilidad Social Corporativa (Spanish: corporate social responsibility) RSC Royal Society of Canada )(US SEC Registration # 0-49942) Strateco owns 100% of two properties and has interests in or options on six others located in mining-friendly Quebec. These properties cover 538 claims for a total area of 18,778 hectares. Of particular interest are the two main uranium prospects found at Mont-Laurier and Otish Mountain, with easy access to drill-ready targets. The area of the Otish Mountain have recently received an increased amount of activity from mining giant Cameco Corporation Cameco (the worlds largest publicly traded uranium company) has begun an intense ground-staking programcontiguous and south of RSC's Otish Mountain property. RSC acquired the Matoush 51% option and Eclat 100% option earlier in 2005 and are very excited about Cameco's activity. This confirms RSC's belief in the quality of these claims and thus will be planning an aggressive drill program of their own. An equally exciting prospect is the Mont Laurier Mont Laurier (môN lō`rēā'), town (1991 pop. 7,862), SW Que., Canada, on the Lièvre River, N of Ottawa. Located in the Laurentian Mts. . This high potential property has drawn the likes of Nova Uranium (NUC NUC Nuclear NUC National Unification Council (Taiwan, China) NUC National Union Catalog NUC Non-Uniformity Correction NUC Navy Unit Commendation NUC Nazarene University College (Calgary, Alberta, Canada) ). Nova Uranium and Strateco (RSC) share the promising North East trend in the Mont Laurier area. Nova grab samples Noun 1. grab sample - a single sample or measurement taken at a specific time or over as short a period as feasible sample - a small part of something intended as representative of the whole ranged from greater than 9.43 lb/ton U3O8 to 0.07 lb/ton U3O8 prompting them to aggressively explore the area and commence a full-scale drill program in the very near future. RSC's promising south extension will soon announce drill plans of their own for this extremely promising property which has previously obtained values of 11.8 lb/ton U308 to 0.7 lb./ton U308. In the past Allied Mining, Canadian Johns-Manville and Mont Laurier Uranium Mines Uranium mining is presently carried out in more than 25 countries around the world. An estimated 100 or more uranium mines in different stages of development are reported. Major uranium mines are located in Canada, Australia and Kazakhstan that contribute more than half of world's uranium Inc. have all confirmed the area holds potential for near-surface, large-tonnage, low-grade, uranium deposits amenable to open-pit mining Open-pit mining, also known as opencast mining, refers to a method of extracting rock or minerals from the earth by their removal from an open pit or borrow. methods. Dramatic price increases (from US$6-$36/lb in the past few years) in uranium have prompted this renewed effort in uranium exploration. The timing is favorable, given the steadily increasing price of uranium and growing demand for alternate energy solutions. The acquisition of the Matoush, Eclat and Mont-Laurier sites would seem further justified given the fervent activity these major mining companies have recently shown on the properties 'next door'. STRATECO RESOURCES INC. (TSX VENTURE:RSC) |
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