Vena Finds Additional High-Grade Uranium Mineralization in Macusani.TORONTO -- Vena Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:VEM VEM Versatile Exercise Mine (US Navy) VEM Volume Electronic Mail (Canada Post Corporation) VEM Virtual Electron Microscope VEM Value Engineering Manager VEM Value Estimation Model )(LIMA Lima, city, Peru Lima (lē`mə, Span. lē`mä), city (1990 metropolitan area est. pop. 6,400,000), W Peru, capital and largest city of Peru. Its port is Callao. :VEM)(FRANKFURT:V1R) reports the fourth qualitative results from uranium uranium (y  rā`nēəm), radioactive metallic chemical element; symbol U; at. no. 92; at. wt. 238.0289; m.p. 1,132°C;; b.p. 3,818°C;; sp. gr. 19. exploration and sampling on the Company's
extensive uranium concessions. The project area comprises 15,500
hectares of 100% controlled land in Puno, Peru. Previous campaigns also
found significant mineralization MineralizationThe process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. as reported on November 24, 2005. Vena has reviewed 60% of all targets in the Macusani (10,400 hectares) and Munani (5,500 hectares) regions it controls. Confirmation work on IPEN's historical data for Rio Blanco Blanco (meaning the color white in Spanish) is an adjective often used in Spanish surnames. Below is a list of famous people and places associated with the word. (2,200 hectares) and Lagunillas (2,700 hectares) as well as the remaining 40% of Macusani will continue throughout 2006. The table shown on page 2 contains the results of an additional 150 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 taken along fractures Fractures Definition A fracture is a complete or incomplete break in a bone resulting from the application of excessive force. Description containing autenite and torbenite from Concharrunio West in Macusani. Most samples were 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 the delayed neutron Delayed neutron A neutron emitted spontaneously from a nucleus as a consequence of excitation remaining from a preceding radioactive decay event. Analogously, delayed emission of protons and alpha particles is also observed, but the known delayed neutron count process. However, 14 samples (shown adjacent and extrapolated from summary table on page 2) were re-analyzed by x-ray X-ray Electromagnetic radiation of extremely short wavelength (100 nanometres to 0.001 nanometre) produced by the deceleration of charged particles or the transitions of electrons in atoms. diffraction due to the high grade nature of the rock. Vena had previously reported that a specific exploration target in Concharrumio West extends over an area of 600 by 300 meters, with uranium mineralization ranging from 0.01% to 23.0% U308 at surface. Samples are shipped to ActLabs in Lima, Peru for preparation. The prepared samples are then sent to ActLab's facilities in Ontario, Canada for assaying.
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HIGHLIGHTS
Element: U308
Units: %
Method: FUS-XRF
T1F - 1 6.30
T1F - 2 6.61
T2F - 5 11.60
T2F - 6 8.71
T3F - 1 9.88
T3F - 5 3.59
T4F - 4 12.80
T5C - 6 4.17
T5F - 9 7.3
T5F - 10 3.51
T5F - 11 12.7
T5F - 14 4.99
TI1 - 1B 7.02
TI1 - 1C 4.77
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Robert Fong, P.Eng., the Qualified Person on this project, has reviewed this technical information on behalf of the Company. About Vena Resources Inc. Vena Resources is dedicated to building capital appreciation and creating long term shareholder value by developing the mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature and social welfare of Peru. Vena Resources' commitment will be demonstrated by deploying its financial resources to aggressively acquire and advance high quality people and assets throughout the country. We seek Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. .
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Element: U U308 Element: U U308 Element: U U308
Units: % % Units: % % Units: % %
Method: DNC FUS-XRF Method: DNC FUS-XRF Method: DNC FUS-XRF
T1C - 1 0.0586 -- T3F - 1 -- 9.88 T5C - 1 0.005 --
T1C - 2 0.0078 -- T3F - 2 1.09 -- T5C - 2 0.089 --
T1C - 3 0.036 -- T3F - 3 1.39 -- T5C - 3 0.004 --
T1F - 1 -- 6.30 T3F - 4 0.60 -- T5C - 4 0.005 --
T1F - 2 -- 6.61 T3F - 5 -- 3.59 T5C - 5 0.04 --
T1F - 3 2.15 -- T4C - 1 0.006 -- T5C - 6 -- 4.17
T2F - 1 0.728 -- T4C - 2 0.018 -- T5C - 7 0.007 --
T2F - 2 0.864 -- T4C - 3 0.007 -- T5C - 8 0.028 --
T2F - 3 1.55 -- T4C - 4 0.13 -- T5C - 9 0.01 --
T2F - 4 2.80 -- T4C - 5 0.007 -- T5C - 10 0.043 --
T2F - 5 -- 11.60 T4C - 6 0.006 -- T5C - 11 0.013 --
T2F - 6 -- 8.71 T4C - 7 0.003 -- T5C - 12 0.054 --
T2C - 1 0.0752 -- T4F - 1 2.61 -- T5C - 13 0.007 --
T2C - 2 0.17 -- T4F - 2 0.094 -- T5C - 14 0.003 --
T3C - 1 0.114 -- T4F - 3 0.58 -- T5F - 1 0.023 --
T3C - 2 0.0155 -- T4F - 4 -- 12.80 T5F - 2 0.068 --
T3C - 3 0.0195 -- T4F - 5 1.96 -- T5F - 3 1.57 --
T3C - 4 0.0119 -- T4F - 6 2.47 -- T5F - 4 0.133 --
T3C - 5 0.0105 -- T4F - 7 0.304 -- T5F - 5 0.006 --
T4F - 8 2.33 --
T4F - 9 0.056 --
T4F - 10 2.60 --
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Element: U U308 Element: U U308
Units: % % Units: % %
Method: DNC FUS-XRF Method: DNC FUS-XRF
T5F - 6 0.366 -- T7C - 1 0.017 --
T5F - 7 1.12 -- T7F - 1 0.711 --
T5F - 8 0.126 -- T7F - 2 0.308 --
T5F - 9 -- 7.3 TI1 - 1A 0.398 --
T5F - 10 -- 3.51 TI1 - 2A 0.93 --
T5F - 11 -- 12.7 TI1 - 3A 0.025 --
T5F - 12 0.284 -- TI1 - 4A 0.81 --
T5F - 13 0.207 -- TI1 - 1B -- 7.02
T5F - 14 -- 4.99 TI1 - 2B 1.24 --
T5F - 15 0.185 -- TI1 - 3B 0.387 --
T5F - 16 0.217 -- TI1 - 4B 0.69 --
T5F - 17 0.114 -- TI1 - 1C -- 4.77
T5F - 18 1.24 -- TI1 - 2C 2.95 --
T5F - 19 0.57 -- TI1 - 3C 0.269 --
T5F - 20 0.208 -- TI1 - 4C 0.84 --
T5F - 21 0.261 -- IS - 01 2.81 --
T5F - 22 0.006 --
T5F - 23 0.004 --
T5F - 24 0.006 --
T5F - 25 0.58 --
T5F - 26 1.07 --
T5F - 27 0.117 --
T5F - 28 0.032 --
T5F - 29 0.55 --
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Statements in this press release regarding the Company's business which are not historical facts 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. " that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Shares Outstanding: 44,992,395 Fully-Diluted: 57,079,210 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. does not accept the responsibility for th e adequacy or accuracy of this release. Vena Resources Inc. (TSX VENTURE:VEM) |
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