Aurora Energy Resources Inc.: Infill Drill Results Strengthen Jacques Lake Resource, Uranium Pipeline
VANCOUVER, BRITISH COLUMBIA–(May 5, 2008) – Aurora Energy Resources Inc. (“Aurora” or “the Company”) (TSX:AXU) is pleased to announce that its winter infill drilling program has further demonstrated the continuity of the known resource at the Company’s 100%-owned Jacques Lake Deposit (“Jacques Lake”) in Coastal Labrador.”The results reinforce the grade and tonnage estimates of this growing asset and the very significant potential of Jacques Lake,” said Aurora’s President and CEO, Dr. Mark O’Dea. “The results are similar to those for the Michelin Deposit in its initial exploration stages,” added Dr. O’Dea.
Highlights from winter infill drilling program include:
– 0.10% U3O8 over 40.79 metres including 0.19% U3O8 over 11.79 metres in JL08-080
– 0.12% U3O8 over 6.00 metres including 0.22% U3O8 over 2.00 metres in JL08-082
– 0.11% U3O8 over 10.50 metres including 0.14% U3O8 over 6.00 metres in JL08-087
A total of six completed holes and two partial holes totaling 3,947 metres were drilled to test the main resource to a depth of 365 metres. The deposit currently has a drilled strike length of over 650 metres and remains open for further expansion to the southwest and at depth.
Drill results are listed below:
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