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News
10.08.2009
Xemplar Intersects U3O8 Mineralization Over 18 Metres at Aluriesfontien
Xemplar Intersects U3O8 Mineralization Over 18 Metres at Aluriesfontien
Vancouver, British Columbia, Canada, August 10, 2009 – The Board of Directors of Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia: XEM) (“Xemplar” or the “Company”) are pleased to report chemical assay results for an additional 18 drill holes from the Company’s 2009 drill program at Aluriesfontein located at its 100% owned Warmbad Uranium project in southern Namibia.
Company CEO, Simon Tam, commented that “The Drilling at Aluriesfontein continues to show widespread uranium mineralization.”
Highlights of chemical assay results from the Company’s 2009 drill program at Aluriesfontein are shown in the ensuing table. Additional assay results for all drill holes currently reported on are available on the Company’s website www.xemplar.ca.
Please find the results under the following link: http://www.irw-press.com/dokumente/090810XEPR-Alur18mMineralization-Final_eng.pdf
In addition to the above assay results reported for Aluriesfontein, 62 additional intervals of 1 to 4 meters with grades ranging from 100.3 parts per million (PPM) (0.01%) to 343.6 PPM (0.034%) were also noted, and available on the Company website. This includes assay results for RCALU0112, RCALU0115, RCALU0122, RCALU0124 and RCALU0127 which are not listed in the above table, but are also available on the Company website.
Drilling Update
The 2009 drill program is well underway; the objective is to begin developing uranium resources. Exploration drilling continues with the objective of discovering new mineralization zones and further extending the size of the eight zones of mineralization that have already been discovered.
Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.
On behalf of the Board of Directors,
“Simon Tam”
Simon Tam, CEO and Director
Xemplar Energy Corp.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/090810XEPR-Alur18mMineralization-Final_eng.pdf
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Vancouver, British Columbia, Canada, August 10, 2009 – The Board of Directors of Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia: XEM) (“Xemplar” or the “Company”) are pleased to report chemical assay results for an additional 18 drill holes from the Company’s 2009 drill program at Aluriesfontein located at its 100% owned Warmbad Uranium project in southern Namibia.
Company CEO, Simon Tam, commented that “The Drilling at Aluriesfontein continues to show widespread uranium mineralization.”
Highlights of chemical assay results from the Company’s 2009 drill program at Aluriesfontein are shown in the ensuing table. Additional assay results for all drill holes currently reported on are available on the Company’s website www.xemplar.ca.
Please find the results under the following link: http://www.irw-press.com/dokumente/090810XEPR-Alur18mMineralization-Final_eng.pdf
In addition to the above assay results reported for Aluriesfontein, 62 additional intervals of 1 to 4 meters with grades ranging from 100.3 parts per million (PPM) (0.01%) to 343.6 PPM (0.034%) were also noted, and available on the Company website. This includes assay results for RCALU0112, RCALU0115, RCALU0122, RCALU0124 and RCALU0127 which are not listed in the above table, but are also available on the Company website.
Drilling Update
The 2009 drill program is well underway; the objective is to begin developing uranium resources. Exploration drilling continues with the objective of discovering new mineralization zones and further extending the size of the eight zones of mineralization that have already been discovered.
Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.
On behalf of the Board of Directors,
“Simon Tam”
Simon Tam, CEO and Director
Xemplar Energy Corp.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/090810XEPR-Alur18mMineralization-Final_eng.pdf
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA9840071042
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.