Einzelnen Beitrag anzeigen
Alt 15-03-2007, 13:05   #270
nrj
TBB Goldmember
 
Registriert seit: Dec 2004
Beiträge: 641
Thumbs up Ab gehts! Borhungen im Niger laufen an!

Press Release Source: Northwestern Mineral Ventures Inc.
Northwestern signs Niger drill contract
Thursday March 15, 9:00 am ET

TORONTO, March 15 /PRNewswire-FirstCall/ - Northwestern Mineral Ventures Inc. (TSXV: NWT; OTCBB: NWTMF) is pleased to announce the signing of a drilling contract with ESAFOR of Arlit, Niger. Drilling on Northwestern's land is scheduled to commence in April after the equipment arrives in Niger and local crews have completed preparations.
"This development is a significant milestone for Northwestern as we expect to be the first North American explorer since the 1970s to conduct a uranium drill program in Niger," said Marek J. Kreczmer, President and CEO of Northwestern. "In light of recent increases in the price of uranium, which is currently selling for approximately US$90 per pound, we plan to continue aggressively advancing the discoveries made on our Niger land portfolio."

ESAFOR will provide a minimum of 2,000 meters of RC diamond core drilling during this first phase, with at least 20 holes planned to test mineralization at shallow depths. The program will initially target the anomaly that has returned uranium values approaching 0.1% U(3)O(8) from surface grab samples. These are the highest uranium results recorded to date, as reported in a press release dated March 1, 2007. Producing mines and deposits in Niger typically grade from 0.1% to 0.42% U(3)O(8).

While drilling is underway, Northwestern's reconnaissance geological team will examine other areas of known mineralization and significant targets will be scheduled for drilling.

ESAFOR is one of the major drilling companies involved in uranium exploration and exploitation in Niger.

Quality Assurance

Fieldwork in Niger is being conducted under the supervision of Abdelkarim Aksar, P.Geo., Northwestern's Niger Project Manager.

Samples selected for analysis will be sent to SGS Lakefield Research Africa in Johannesburg, South Africa. This laboratory uses industry-standard methods and ISO / IEC 17025 quality assurance and quality control practices. Northwestern and SGS maintain comprehensive and independent Quality Control/Quality Assurance programs.

ABOUT NORTHWESTERN:

Northwestern Mineral Ventures (www.northwestmineral.com) is an international resource exploration company with an experienced management team. The company is focused on properties in Niger and Canada with potential uranium targets. Northwestern also has a precious and base metal property in Mexico. Northwestern is listed on the NASD Bulletin Board under the symbol "NWTMF" and the TSX Venture Exchange under the symbol "NWT."

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this news release.

This news release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the worldwide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

Potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resource on Northwestern's Niger properties and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Additional information about Northwestern's Niger properties is contained in press releases dated March 1, 2007, December 14, 2006, October 25, 2006, September 29, 2006, September 22, 2006, June 15, 2006, May 23, 2006, May 2, 2006 , March 27, 2006 and March 8, 2006.


Source: Northwestern Mineral Ventures Inc.
nrj ist offline   Mit Zitat antworten