Thunder Sword Reports on Dufferin Lake Claim Blocks.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 -- Thunder Sword Resources Inc. ('Thunder Sword' or the 'Company') (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:THU THU Thursday THU Tsinghua University (Beijing, China) THU Tony Hawks' Underground (video game) THU Pituffik, Greenland - Thule Airport (Airport Code) ) is pleased to report on its Dufferin Lake blocks (East and West). Dufferin Lake Blocks (East and West) The Dufferin Lake claim blocks were staked in October 2004, at the beginning of the current rush for land in the 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. of Northern Saskatchewan. These 11 properties cover approximately 24,000 hectares and follow portions of the Virgin River shear shear: see strength of materials. Shear A straining action wherein applied forces produce a sliding or skewing type of deformation. zone and the Dufferin Lake fault. Immediately adjacent to these properties is Cameco/UEM's Virgin River project. This is the most active uranium exploration region that Thunder Sword is currently associated with. Exploration for uranium in this region has continued for over 25 years and continues to warrant attention. Significant uranium encounters have been reported by Cameco and its joint venture partners in an area within 1 km of Thunder Sword's properties near Wide Lake. The publicly reported figures are listed below:
Table 1: Previously Released Select Higher Grade Uranium Results from
Cameco/UEM 2004 & 2005 Drill Programs near Wide Lake, SK.
Grade
Calculation From To True Maximum Average GT
Method Thickness Grade Grade
(m) (m) (m) (%U3O8) (%U3O8) (mX%)
DDH Equivalent U 3O
VR-18 8 Gamma - HF
Probe 789.1 795.7 6.6 22.22 4.71 31.09
2004 Geochemical -
assay U 3O 8
(ICP) 789.1 795.5 6.4 17.80 5.58 35.71
Geochemical -
assay U 3O 8
(DNC) 789.1 795.5 6.4 18.20 5.99 38.33
Average
Geochemical
Assay (U3O8) 789.1 795.5 6.4 18.00 5.79 37.02
DDH Equivalent U 3O
VR- 8 Gamma - HF
18W2 Probe 791.7 795.4 3.7 28.99 9.35 34.59
2005 Geochemical -
assay U 3O 8
(ICP) 791.5 795.4 3.9 24.80 8.15 31.80
Geochemical -
assay U 3O 8
(DNC) 791.5 795.4 3.9 26.40 8.64 33.70
Average
Geochemical
Assay (U3O8) 791.5 795.4 3.9 25.60 8.39 32.75
DDH Equivalent U3O8
VR- Gamma - HF
21W1 Probe 798.6 804.6 6.0 16.37 2.33 13.98
2005 Geochemical -
assay U3O8
(ICP) 798.6 804.4 5.8 21.60 2.85 16.54
Geochemical -
assay U3O8
(DNC) 798.6 804.4 5.8 23.30 3.01 17.45
Average
Geochemical
Assay (U3O8) 798.6 804.4 5.8 22.45 2.93 17.00
As part of the exploration efforts related to Thunder Sword's block of claims, recent airborne data is being analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. by two independent companies -- Patterson Geophysics geophysics, study of the structure, composition, and dynamic changes of the earth, its atmosphere, hydrosphere and magnetosphere, based on the principles of physics. of La Ronge, Saskatchewan La Ronge is a community of about 3500 people in Northern Saskatchewan, Canada, 250 km north of Prince Albert. There are an additional 2000 people living in the Lac La Ronge Indian Reserve bordering the town[1] and Fugro Airborne Surveys of Ottawa. In a general response to the Dufferin Lake area data, Fugro's Chief Geophysicist ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. states: "This area shows a series of strongly defined NE-SW trending conductors which all appear to be following basement contact or fault zones. Some of these conductors have measurable width and appear to be more flat-lying and are therefore better defined by the response from the Z-coil data. Others appear to have more vertical extent and are better defined by the X-coil data." He also suggests the methods to use for the final interpretation report saying; "The following three EM parameters are recommended: --A Total Energy Envelope of an early dB/dt channel to outline the generally more flat-lying conductors --A Decay Constant decay constant n. Symbol  The constant ratio for the number of atoms of a radionuclide that decay in a given period of time compared with the total number of atoms of the , calculated from the X-coil response of either
the dB/dt or B-Field component (some testing required to identify the
best component to use), to get a better definition of the conductors of
vertical extent--A late order Moment calculated from the B-Field Z enhanced to stronger and possibly deeper conductors." Thunder Sword is encouraged by these early results on the Dufferin Lake claim blocks and on its other properties. Over 2500 km of airborne geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. data has been processed and indication of conductors are seen in the American Lake, Kercher Lake, James Creek and now the Dufferin Lake areas which are all optioned by Thunder Sword Resources Ltd. A final report from Fugro is expected by the middle of August and further work by Patterson Geophysics, relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc interpretation of the data, is forthcoming. Further exploration programs will be determined at that time for ground geophysics and potential drill targets. About Thunder Sword Resources Inc. Thunder Sword's primary objective is to identify and develop significant uranium discoveries in the Athabasca Basin in Saskatchewan. The company has amassed an inventory of uranium projects totaling over 74,772 hectares in Saskatchewan's Athabasca Basin and several near-term targets are expected to be drilled in the fall/winter of 2006. Matty Goldstein, Director 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. has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release. |
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