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Tuesday 08th of July 2008
Friday, February 22, 2008

Red Rock commences 2008 drilling program

Story link: Red Rock commences 2008 drilling program
by Tara Malhotra
Red Rock commences 2008 drilling program

Red Rock Energy Inc. announces that, as of February 5, it has commenced drill campaign number #1 of the 2008 season at its Red Block 2 property which encompasses the former Lake Cinch and Cenex mines area. In addition, Red Rock has now received the balance of analytical results from the its 2007 Diamond Drilling Campaign #3 conducted at its Red Block 1 property near Uranium City.

Collectively, the three 2007 drilling campaigns accounted for a total of 4,428 metres of core which were drilled over 20 drill holes. From these holes, 1,227 samples of core were collected and submitted to Loring Laboratories in Calgary for U308 analysis. The complete results from the last 463 samples as collected from drill holes 07RB1-015 to 07RB1-020 calculated for grade across width are reported in Table 1 below. Red Rock’s drill results continue to provide encouragement with five out of five remaining holes producing intersections above .05%, or roughly 1 lbs u308 per ton of rock.

Highlights from the last five holes include: hole 07RB1-018, with three metes of 0.173%, and hole 07RB1-20 with .5 meters of .999%. The program was design to test the Red Fault zone and these results show the previously poorly drill-tested Red Fault to Baseline Fault locale has uraniferous intercepts of exploration interest. Several of the intercepts found by the 2007 Red Rock drilling warrant follow-up drill testing to determine if the various uraniferous intercepts strengthen in width or grade, or both, to depth. Additional drilling will also assess whether the uraniferous zones rake to the west or east along the Red Fault zone. Such supplemental drilling is planned for later in 2008 once the initial campaign of drilling now underway at the RB2 property is completed.

 

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