C2C Metals Stakes Uranium Claims in the Prolific Uravan District, Utah
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www.c2cmetals.com
Significant highlights include:
- The Sun Uranium Property consists of 120 claims, covering almost 4 square miles, located approximately 40 miles southeast of Moab,
Utah ; - 1950's exploration at the
Sun Uranium Project included 23 drill holes by New Jersey Zinc with good grade uranium and vanadium mineralization from the Salt Wash sandstone, the host of most uranium production from theLa Sal and Uravan Districts; - Historical shallow drilling was conducted adjacent to mineralized outcrops that extend below surface. Planned exploration will focus upon uranium exploration in the Salt Wash sandstone, along trend, from the successful previous drilling;
- The combined Uravan District of western
Colorado , theLisbon Valley and La Sal Districts of easternUtah , produced more than 150+ million pounds of uranium plus hundreds of millions of pounds of vanadium; -
Utah is an Agreement State, which provides state-controlled permitting as devolved from theNuclear Regulatory Commission resulting in expected shorter permitting timelines.
To view maps of the
The uranium-vanadium mineralization at the
A small part of the area covered by the
1
Westcoat, George J., Consultant, 1954, "Memorandum report on 104 Sinder and Sunset mineral claims, |
Other historical exploration included a 243 lb. open cut bulk sample that assayed 0.44% U3O8 and 1.08% V2O5. A 2.5 ft long channel sample was collected from a short adit near the open cut and provided average weighted chemical values of 0.62 % U3O8 and 1.25% V2O5, as assayed by
In addition to historic drilling and sampling, seven radiometric anomalies were later identified within the area of the
*A Qualified Person (as defined in NI 43-101) has not done sufficient work to verify the historical drilling data. Additional work, including drilling and logging will be required to confirm and update the historical drilling and logging data, including a review of data integrity, assumptions, parameters, methods, and testing. Historical exploration data do not meet reporting requirements as prescribed under NI 43-101. C2C is not treating the historical data as current and it should not be relied upon.
The technical content concerning the Property in this news release was reviewed and approved by Dr.
C2C Metals is a mineral exploration company which holds a portfolio of uranium, gold and copper projects in
www.c2cmetals.com
@C2CMetalsCorp
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties and can be identified by the use of forward-looking terminology such as "expected", "will be", "anticipated", "may" or variations of such words and phrases or statements that certain actions, events or results "will" occur. All statements within, other than statements of historical fact, are to be considered forward looking. Forward-looking statements in this news release include but are not limited to: the completion of the name change. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
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