CanAm Uranium Corp. (CAUI.OB) reports that six holes have been test drilled on the Halo property at Bancroft. The test results to date validate the historical Uranium values on the property by intercepting average grade of 0.09% (1.6 lbs) U3O8 over 8.9 meters (34 feet) including 0.31% U3O8 ( 6.2 lb ton over 1.52 meters).
The drill program continues onto the second of seven other known historical targets. Bancroft has a rich Uranium mining history, having been home to four past producing mines between 1956 and 1982.
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