Glenmark Takes Radioactive Samples at Key Lake Road Uranium Project
(firmenpresse) - GLENMARK TAKES RADIOACTIVE SAMPLES AT KEY LAKE ROAD URANIUM PROJECT
October 31, 2014 - Glenmark Capital Corp. (TSX.V: GLM and US OTC: GLRKF) (Glenmark or the "Company") is pleased to announce that, under the direction of Dave Billard P.Geo., the Company has completed a site visit to its Key Lake Road uranium project, located in the prolific Athabasca Basin in northern Saskatchewan. Mr. Billard is a professional geologist with more than 30 years experience in the mining and exploration industry, particularly in uranium exploration in the Athabasca Basin. He was most recently Chief Operating Officer (COO), Vice-President Exploration and Director of JNR Resources, which discovered the Moore Lake and Way Lake deposits.
The purpose of the visit was to confirm property access and locate historic target zones. The four man crew successfully located the Molly Radioactive zone, located centrally in the property, where multiple radioactive outcrops were noted. The Molly Zone has been well documented by Forum Uranium in 2008 and is the primary target at the Key Lake Road uranium project.
A total of eight radioactive samples were taken and submitted to SRC for assay; results are expected in the near term. Scintillometer readings were taken on all samples, with the highest reading reaching over 43,000 cps (counts per second.) In addition, Glenmark has documented the site visit, which is available on the Company website as well as on youtube: [Click Here to View] Dave Billard P.Geo.,Qualified Person as defined in NI 43-101, is responsible for the technical contents of this release.
For further information, please contact:
Richard W. Grayston
President & CEO
Phone: (604) 990-1012
Email: rwgrayston(at)glenmark.ca
Rob GamleyContact Financial Corp.
Phone: (604) 689-7422 begin_of_the_skype_highlighting
Email: rob(at)contactfinancial.com
GLENMARK CAPITAL CORP.
1600 - 609 Granville Street
Vancouver, BC V7Y 1C3
www.glenmark.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, forwardlooking statements. Forwardlooking statements may be identified by words including anticipates, believes, intends, estimates, expects and similar expressions. The Company cautions readers that forwardlooking statements, including without limitation those relating to the Companys future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forwardlooking statements.
Leseranfragen:
Glenmark Capital Corp. ist ein Uran - Explorationsunternehmen im Athabasca-Becken in der kanadischen Provinz Saskatchewan
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Datum: 03.11.2014 - 08:00 Uhr
Sprache: Deutsch
News-ID 348873
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