UNR Uranium North Resources Corp.

Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX
VENTURE:UNR) reports that the 8th hole of a planned 20 hole program is currently
being drilled on the 100% owned Amer Lake deposit located in Nunavut. The 2011
expansion drilling program is focused on the southeastern extension of the Main
Zone resource(i). This area is adjacent to and around drill hole UNR-15 of the
resource which returned the highest grades in the 2008 drill program. 


Based on anomalous scintillometer readings from samples collected down hole, the
mineralized horizon extends southeast of the defined resource(i). Radioactive
zones have been identified in all completed holes with the exception of one hole
that was lost before reaching the target depth.


"The Main Zone appears to be extending to the southeast as anticipated.
Depending on the analytical results confirming the U308 values, we hope to see a
significant increase in the Main Zone resource," says Mark Kolebaba, President
and CEO of Uranium North Resources. 


Samples will be submitted to the laboratory for analysis. Upon completion of the
program and assay analysis, the drill results will be used to calculate an
updated resource estimate. 


For drill hole locations (See Map:
http://www.uraniumnorth.com/s/AmerLake-Main.asp) on the Amer Lake Main Zone
page. The 8 drill holes include A1, A, B, C, N, H, I and J. 


Alan Sexton from Geovector Management Inc. is the acting Qualified Person for
the field operation. Bruce Kienlen, P.Geol, and Graham Gill P.Geo, are Qualified
Persons as defined by National Instrument 43-101 assisting in reviewing data for
this property. 


(i) See news release dated August 6, 2009.

About Uranium North

Uranium North Resources is focused on gold, silver and uranium in Nunavut. All
properties are 100% owned including the Amer Lake uranium deposit, one of the
largest uranium resources in Nunavut. The Company will be drilling the Mallery
gold/silver project, the Nowyak gold deposit and carrying out a low cost
expansion program on the Amer Lake uranium deposit in 2011. 


On behalf of Uranium North Resources 

Mark Kolebaba, President and CEO 

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address exploration drilling, activities and events or developments
that Uranium North Resources Corp (the "Company") expects to occur, are
forward-looking statements. 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 the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward looking statements include market prices, exploration
successes, and continued availability of capital and financing and general
economic, market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results or
developments may differ materially from those projected in the forward-looking
statements. The Company does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise.

Uranium North Resources Corp. (TSXV:UNR)
Historical Stock Chart
From Jun 2024 to Jul 2024

Uranium North Resources Corp. (TSXV:UNR)
Historical Stock Chart
From Jul 2023 to Jul 2024