Makena Resources Inc.
TSX VENTURE : MKN

February 19, 2015 03:01 ET

Makena Uncovers Significant Gravity Low on Its Patterson Uranium Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 19, 2015) - Makena Resources Inc. (the Company or Makena) (TSX VENTURE:MKN) wishes to announce that the recent work program on the Patterson Uranium Prospect has uncovered a significant gravity low. Immediate follow up work is planned to fully investigate this finding. The Patterson Property directly borders Fission Energy Corp's discovery in the Athabasca Basin of Saskatchewan.

Dr. Karl Schimann stated, "It is very encouraging to have the data uncover this strong gravity low. This low correlates with the VTEM data previously gathered and is associated with a structural lineament defined by the VTEM data. Nexgen's Arrow discovery is also located on a gravity low and demonstrates the potential of gravity as a tool for drill targeting."

Negar Adam, President of Makena stated, "We are excited to have uncovered a potential target. Immediate follow up work is being planned and management is expecting to have crews back on the ground within days to further investigate this anomaly. The Athabasca Basin hosts many world class uranium deposits and management is encouraged by the findings to date on Makena's uranium prospect."

Dr. Karl Schimann, PhD, PGeo, is the qualified technical person responsible for this news release.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Makena Resources Inc.
    Negar Adam
    President, Director
    1.604.685.5150
    1(604) 689-1733 (FAX)