6th Uranium Licence Granted in Mauritania
June 28 2007 - 3:02AM
UK Regulatory
MURCHISON UNITED NL
ACN 009 087 852
ASX CODE: MUR, AIM CODE: MUU,
Telephone: +618 9322 4071, Fax: +618 9322 4073
ASX, AIM and Media Release
28 June 2007
MURCHISON FURTHER EXPANDS WEST AFRICAN URANIUM PORTFOLIO
6TH EXPLORATION LICENCE GRANTED IN MAURITANIA
Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce that it has further expanded its uranium
exploration portfolio in West Africa after being granted an additional "Group 4" Uranium Exploration permit
by the Republic of Mauritania covering an area of 1,433 square kilometres.
The Company now holds six uranium exploration permits in Mauritania covering a total area of 8,200km2 with
two remaining applications currently being processed.
The permit areas are in the north of the country near the town of Bir Moghrein and in the Bir En Nar
region. These were originally identified by the Company's Technical Director, Mr Bosse Gustafsson, from a
study commissioned by the World Bank and further refined from aeromagnetic data highlighting the areas'
prospectivity for uranium occurrences.
Field visits carried out by Murchison have since confirmed the prospectivity of the licence areas for
uranium, with previously reported sample results of up to 9,500ppm U3O8. Earlier this year, a geolectric
survey was conducted on a number of the key prospect areas identified. The purpose of this survey is to
assist as an exploration tool in estimating the depth to the bedrock basement. This will in turn assist
planning for a drilling programme.
Following completion of its first drilling programme in Guinea in May, Murchison is currently negotiating
access to a drilling rig in order to commence drilling at its licences in Mauritania, with the initial
focus expected to be on the Bir En Nar region. Depending upon drill rig availability, the Company aims to
commence drilling within 2 months.
Please call Mark Reilly with any queries.
Mark Reilly
Managing Director
The information in this announcement that relates to exploration results is based on information compiled
by Mr. Bosse Gustafsson, who is a member of the European Federation of Geologists a Recognised Overseas
Professional Organisation ("ROPO"). Mr Bosse Gustafsson is a full time Executive Director of Murchison
United NL and is responsible for exploration activities in Mauritania and Guinea. Mr Gustafsson has
sufficient experience, which is relevant to the style of mineralisation and the type of deposit under
consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in
the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserve'. Mr Gustafsson consents to the inclusion in this report of the matters based on their information
in the form and context in which it appears.
Murchison's Nominated Advisor for the AIM market is RFC Corporate Finance Ltd.
Contact: Stuart Laing, Ph: +618 9480 2506"
Murchison United N.L
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