Terra drills six more holes at Midwest NE

Terra Ventures Inc. provides an exploration update on the Midwest NorthEast Uranium property in which Terra owns a 10% production carried interest. Hathor Exploration owns the remaining 90% in the property.

Hathor Exploration Limited announces gamma ray scintillometer results from an additional seven drill holes completed on its Midwest NorthEast Property, Saskatchewan, in the immediate vicinity of its discovery drill hole MWNE-08-12, which intersected uranium mineralization including 11.9 metres grading 5.29 per cent U3O8.

Six drill holes (MWNE-08-16 through MWNE-08-21) have extended the uranium mineralization that was intersected in hole MWNE-08-12. This area of basement-hosted mineralization is now referred to as the “Roughrider Zone”.

Natural gamma emission radiation in drill core from these holes was measured in counts per second (cps) using a hand-held Exploranium GR-110G gamma-ray scintillometer. Individual zones (ranging from 20 cm to 2.8 metres) of highly-radioactive (5,000 cps to greater than 9,999 cps (off-scale)) mineralization were encountered within broader zones of elevated radioactivity (greater than 500 cps), of up to 14.9 metres, in drill holes MWNE-08-16 through MWNE-08-21.

Drill hole MWNE-08-12 was drilled at an azimuth of N320 degrees E and a dip of -70 degrees to a total depth of 333 metres.

Drill hole MWNE-08-16 was a vertical hole collared 79 metres at a bearing of N320 degrees E from drill hole MWNE-08-12 and drilled to a total depth of 416 metres.