Galore Resources Inc.

Galore Resources Inc.

September 19, 2007 13:42 ET

Galore Resources Samples 0.31% U308 at Great Slave Lake, NWT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 19, 2007) - Galore Resources Inc. (TSX VENTURE:GRI) announces the initial results from three of the six joint-venture properties held with Ucore Uranium Inc. in the Great Slave Lake uranium area located 140 kilometres southeast of Yellowknife, NWT.

Uranium analyses have been completed on 122 rock samples collected by Galore from the Union, Simpson and Preble Island properties. Results indicate that the most significant mineralization occurs in two areas on Union Island. One of these very encouraging areas also reports high precious-metal assays.

Of the eight rock-chip and grab samples taken at the northeast end of the Union Island property, five exceed 2,000 ppm uranium with two of these exceeding the uranium analytical limit of 4,000 ppm. These samples also contain silver, ranging from 389 to 2,479 grams per tonne, and gold ranging from 0.11 to 2.4 grams per tonne. The best chip sample, over a length of 1.6 metres, returned 2,652 ppm uranium (0.31% U3O8 equiv), 2,479 grams of silver per tonne and 0.11 grams of gold per tonne.

A highly radioactive zone located on southwest Union Island, returns analyses ranging from 65 to 2,420 ppm uranium. This zone was tested by rock-chip sampling panels, which measure one metre wide by one to two metres long. Forty-two continuous panel samples, a total length of over 52 metres, returned a range of analyses from 65 to 1,380 ppm uranium and a distance-weighted average of 330 ppm uranium.

Included is a continuous nine-metre interval averaging 923 ppm uranium (0.11% U3O8 equiv), which also includes a two-metre interval of 1,086 ppm uranium (0.13% U3O8 equiv) and a four-metre interval of 1,280 ppm uranium (0.15% U3O8 equiv). A second radioactive zone, located 15 metres to the southwest of the main zone, averages 1,013 ppm uranium (0.12% U3O8 equiv) over 4.5 metres and includes a sample of 2,420 ppm uranium (0.28% U3O8 equiv) over 0.5 metres.

The 14 rock samples collected on the Preble Island property confirm earlier reported radioactive anomalies. Samples return anomalous uranium, copper and silver analyses from fracture-controlled centres of radioactivity. Thirty rock samples were collected on the Simpson Island property. Results are weakly anomalous in silver.

Results from the remaining properties, Meridian Lake, Toopon Lake and Wilson Island, are expected shortly. Upon completion of the analytical program, a list of all analyses will be issued and posted on the Galore website.

All samples were analyzed by Acme Analytical Laboratories Ltd. of Vancouver by ICP-MS using a four acid digestion. Over-limit precious metals analyses were re-analyzed by fire assay using a one-assay-ton sample with ICP finish.

About Galore Resources Inc.

Galore Resources Inc. is a mineral exploration company based in British Columbia.

The company's Great Slave Project, a joint venture with Ucore Uranium Inc., is exploring six uranium properties covering 23,000 hectares along the south shore of the East Arm of Great Slave Lake, NWT. Numerous uranium occurrences have been identified on the six properties. Reported uranium grades range from 0.1% to over 6% U3O8. The area is in the Athapuscow basin, which is similar in geology to that of Saskatchewan's Athabasca basin uranium district.

The Company also is actively exploring its Taseko Project, which consists of 100% owned, or optioned to be owned mineral titles to 48,081 hectares covering exploration targets for copper, molybdenum, gold and silver in the Taseko Lakes region of southwest British Columbia.

Galore's Vice President Exploration, Uwe Schmidt, P.Geo., is the qualified person for the Taseko and Great Slave Projects. To find out more about Galore Resources Inc. (TSX VENTURE:GRI), visit our website at


Ray D. Torresan, CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information