Makena Encounters Multiple Conductive Anomalies on Patterson Uranium Prospect
February 14 2014 - 2:01AM
Marketwired Canada
Makena Resources Inc. ("MKN", "Makena" or the "Company") (TSX VENTURE:MKN)
wishes to report that the initial data has returned results that show multiple
conductive anomalies within the Patterson Uranium Prospect. Two distinctive
anomalous zones were encountered. The southern zone has three specific targets
within the zone. The north target is a NW trending zone associated with a break
in the formation in the direct vicinity of the conductive anomaly. A historical
drill hole shows basement to be relatively shallow at 154 metres depth within
these zones.
Karl Schimann stated, "We are encouraged by the preliminary data. We clearly
have multiple conductive targets that we plan to aggressively follow up on
shortly. Of particular note is the relationship of the conductive zones
associated with the breaks in the magnetic pattern. These breaks are often
associated with uranium mineralization. We look forward to potentially
confirming these anomalies by ground EM and follow by drilling to determine if
these targets have associated uranium mineralization."
MKN's Patterson Uranium Prospect, consists of three claim blocks totaling 6,687
hectares (16,524 acres), which are all located in the Athabasca Basin. The west
block directly borders the recent discovery on the Patterson Lake South Property
by Alpha Minerals Inc. and Fission Energy Corp. The other two blocks are in the
direct vicinity of the discovery.
Makena also holds a 50% interest the Clone property in Stewart, BC. To date,
Makena has achieved significant drill results that returned grades of 12.80 m
(42ft) of 44.75g/t (1.305oz/t)(12/22/09) gold values including 4.87m (16 ft) of
76.80g/t (2.240oz/t) and a 102 tonne bulk sample that returned grades 4 oz/t or
139.2 g/t gold (10/22/11) over the 102 individually tested tonne samples.
Karl Schimann, Ph.D., P. Geo., is the qualified technical person responsible for
this news release.
Negar Adam, President, Director
Makena Resources Inc.
Neither the 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Makena Resources Inc.
Negar Adam
President, Director
1.604.685.5150
1(604) 689-1733 (FAX)
www.makenaresourcesinc.com