Abbastar Uranium Corp. (ABA: TSX-V) is exploring for near surface, low grade, large tonnage uranium deposits in Canada.
On February 13, 2007 Abbastar entered into an option agreement with
Entourage Mining Ltd. to acquire up to 70% of Entourage’s interest in
the Doran property situated in Costebelle Township, on the north shore
of the Gulf of St. Lawrence in south-eastern Quebec. A provincial
highway and hydroelectric lines run through the property providing
excellent project economics.
Doran's host rock is pegmatite containing disseminated uranium mineralization, which is similar in
geology to the Rossing Mine in Namibia, which currently produces 7% of
the world's uranium at an average grade of 0.03% U3O8 (0.66 pounds per
tonne).
Near surface deposits can be developed quickly and inexpensively.
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Last:
$0.30
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| Date: | 7/23/2008 |
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| Volume: | 37593 |
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| Change: | 0.00
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JULY 16, 2008
Stock Option Grant:
Abbastar Uranium Corp. (the "Company") announces the grant of 800,000 incentive stock options to its directors, officers and consultants... more |
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JULY 14, 2008
Abbastar announces private placement:
Abbastar Uranium Corp. is pleased to announce a non-brokered private placement of 2,000,000 units ("Units") at a price of $0.16 per Unit for gross proceeds of $320,000... more |
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JUNE 12, 2008
Resignation of a Director:
Abbastar Uranium Corp. (the “Company”) announces the resignation of Mr. Brian Thurston from the board of directors of the Company... more |
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