Star Uranium Corp.
TSX VENTURE : SUV

Star Uranium Corp.

January 08, 2008 12:11 ET

Star Uranium Corp. Announces 2008 Exploration Program

SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 8, 2008) - Star Uranium Corp. (TSX VENTURE:SUV). The Company is pleased to announce exploration programs for 2008.

A 3 hole drill program at the Stony Rapids property is scheduled to begin in mid-January. The project is located within the Athabasca Basin along with its northern margin and has both geophysical conductors and geochemical anomalies which will be tested.

A 6 hole program is scheduled for February at our Collins Bay property which is located several km east of the Northeast Southwest trend which contains the Rabbit Lake, Collins "A", "B", and "D", as well as Cameco's Eagle Point Mine. The property is under part of Wollaston Lake and the drilling is aimed at exploring the potential for an "Eagle Point" type uranium deposit.

Exploration drilling of the Pardoe Lake property is scheduled to start in late February. It is located east of the Way Lake property of JNR Resources where high grade pitchblende has been found in outcrop. The Pardoe Lake property has two untested EM conductors trending northeast which were identified by a 2006 airborne VTEM survey.

A program of overburden drilling and ground geophysics at our Peace River-Buffalo Head Hills diamond joint venture (50% Star Uranium Corp, 50% United Uranium Corp.) in Northern Alberta is scheduled to start at late January. Samples obtained from the drill cuttings will be analyzed for kimberlite indicator minerals and the results will be used to locate any kimberlite pipes on the property. A follow-up program likely involving diamond drilling will take place later in the year. The Peace River-Buffalo Head Hills property is located 70 km to the southwest of the Diamondex / Shore Gold JV cluster of kimberlite pipes.

In the Fort a La Corne area east of Prince Albert, Saskatchewan, the company has a number of claims in a 50/50 joint venture with United Uranium Corp. (TSX VENTURE:UUC). One kimberlite pipe was discovered several years ago and some drilling was carried out. Further work on these properties is planned for the summer of 2008. At the moment, 25 of the claims are in legal limbo because of a dispute with Shore Gold, as referenced in the Company's press release dated January 4, 2008.

ON BEHALF OF THE BOARD

Eric Wray, President

The TSX Venture Exchange Does Not Accept Responsibility For The Adequacy or Accuracy of This News Release.

Contact Information

  • Star Uranium Corp.
    Eric Wray
    President
    (306) 664-3828