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Delta Uranium Finds Twelve Uranium Anomalies in Kenora, Sampling Over 2000 ppm U3O8

  • Press Release
  • Source: Delta Uranium Inc.
  • On 8:34 am EST, Monday January 5, 2009

TORONTO, ONTARIO--(MARKET WIRE)--Jan 5, 2009 -- Delta Uranium Inc. ("Delta" or the "Company")(Toronto:DUR.TO - News) is pleased to announce the results of the prospecting, sampling and assaying program carried out during the summer of 2008 on its 42,000 hectare Kenora property in northwest Ontario.

In order to ground-check the anomalies defined by the airborne radiometric survey carried out in 2007, a crew of up to eleven people spent, in aggregate, 754 person-days prospecting and collecting surface grab samples for assay. A total of 2,484 samples were collected and assayed. Combined with an additional 701 samples collected in 2007, these samples have defined twelve anomalies that warrant further work in the coming year. Sixteen (16) of the samples yielded results (over 2,000 ppm U3O8 (see table below).

The following table presents a simple statistical breakdown of the assay results of 3,185 surface grab samples. It should be emphasized that these are grab samples from multiple areas, and that no conclusions as to the average grade of a mineralized zone can be drawn directly from an inspection of the assay results.

 

   Table 1: Summary of 2007 and 2008 Grab Sample Assays, Kenora Project

                  ----------------------------------------
                  U3O8 (ppm)                No. of samples
                  ----------------------------------------
                  greater than 2000                     16
                  ----------------------------------------
                  1000-1999                             34
                  ----------------------------------------
                  500-999                               81
                  ----------------------------------------
                  250-499                              153
                  ----------------------------------------
                  100-249                              285
                  ----------------------------------------
                  75-99                                140
                  ----------------------------------------
                  50-74                                244
                  ----------------------------------------
                  25-49                                802
                  ----------------------------------------
                  less than 25                        1430
                  ----------------------------------------
                  TOTAL                               3185
                  ----------------------------------------

The twelve anomalies that warrant further work on the basis of these assay results include, the Nixon Lake and Ely Lake zones, which have already been tested by limited diamond drilling (see news release dated July 3, 2008). The other ten anomalies have not been drilled. These target areas will be mapped in detail in 2009, with additional sampling and assaying as necessary, with a view to defining drill targets for an expanded drill program to commence in July. The following table summarizes some of the higher assays from these twelve zones. The dimensions quoted are not necessarily the dimensions of any mineralized zone or zones; they are the dimensions of the "envelopes" within which mineralized granite/pegmatite dykes and sills occur:

 

           Table 2: Summary of Assay Results from Target Anomalies

----------------------------------------------------------------------------
TARGET NAME        LENGTH    WIDTH   NUMBER    SAMPLES IN RANGE (U3O8 ppm)
                  (metres) (metres)      OF --------------------------------
                                    SAMPLES  greater 1000-  500-999  250-499
                                                than  1999
                                                2000
----------------------------------------------------------------------------
Lake 393              650      150       20        2     1        2        3
----------------------------------------------------------------------------
Corner Lake South     500      170       57        0     0        5        4
----------------------------------------------------------------------------
Stewart Lake          400      150       33        1     5        3        2
----------------------------------------------------------------------------
Feist Lake           2200      100      129        4     7        6       15
----------------------------------------------------------------------------
Foot Lake             750      100       42        0     1        6        8
----------------------------------------------------------------------------
Hawk lake             800       90       61        1     3        4        5
----------------------------------------------------------------------------
Windermere Lake       650      300       73        0     0        1        7
----------------------------------------------------------------------------
Pine Road             500       25       24        0     1        4        1
----------------------------------------------------------------------------
Eagle River           450      150       53        0     1        2        1
----------------------------------------------------------------------------
George Lake           150       50       14        0     0        2        2
----------------------------------------------------------------------------
Ely Lake              350       50       18        0     0        2        3
----------------------------------------------------------------------------
Nixon Lake           1100       40       29        1     1        1        2
----------------------------------------------------------------------------

Wayne Isaacs, Chairman and CEO of Delta states that, "we are extremely confident in the potential of our 100% owned Kenora Uranium Project and as result we made a significant investment in our ground program as the second step towards advancing those high value uranium targets. As you can see, we have 10 new viable targets and we intend to commence an aggressive drill program next summer to further define our expected mineralization and continue to advance Delta's Kenora Uranium Project".

Qualified Person

Technical information in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a director of the company and a Qualified Person as defined in NI43-101.

Assay Procedures

Samples collected in 2008 were assayed at Activation Laboratories in Ancaster, Ontario, using delayed neutron counting (DNC). The 2007 samples were initially analysed geochemically using ICP-OES, which was found to give somewhat unsatisfactory results. A sufficient number of pulps from these earlier samples remained to allow a comparison between the ICP-OES and DNC results. An adjusting factor was derived from the duplicate analyses and applied to those 2007 samples that had not been preserved. It is considered that this procedure is sufficiently precise for the purposes of determining whether or not an anomaly has a range of grades that will justify further work.

About Delta Uranium Inc.

Delta Uranium is TSX listed Canadian exploration company actively engaged in the acquisition, evaluation and exploration of uranium mineral properties in northeastern and northwestern Ontario, and Western Newfoundland, Canada.



The TSX has not reviewed and does not accept responsibility for the adequacy of this news release.

Contact:

     Contacts:
Delta Uranium Inc.
Wayne Isaacs
Chairman and CEO
(416) 363-3582
1-866-288-3582 (FAX)
Email: news@deltauranium.com
Website: http://www.deltauranium.com
 
AGORACOM Investors Hub
AGORACOM Investor Relations:
http://www.agoracom.com/IR/DeltaUranium
 

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