LABRADOR – Vancouver’s FRONTEER DEVELOPMENT GROUP has drilled two new zones of uranium mineralization about 25 km from the historic Michelin uranium deposit.
The zones were drilled at two different properties. At Jacques Lake, near-surface mineralization was cut in four of seven holes. Assays of the intersections averaged 0.10% U3O8 although some contained higher-grade sections. The best assays of the 2005 drilling program came from Otter Lake, where the south zone returned 1.0% U3O8 over 0.5 metres. Complete drill results are available at www.FronteerGroup.com.
Fronteer plans a major follow-up drill program at both Jacques and Otter lakes this year. Michelin will be the site of in-fill drilling and resource expansion at depth. The programs will total about 20,000 metres, to be completed by 57%-owned AURORA ENERGY.