CanAm Uranium Corp. (CAUI.OB) reports the completion of nine drill holes on the Amalgamated Rare Earth #2 project in Bancroft Ontario by Operator El Nino Ventures Inc. between May 1 and May 28th, with a total of 1,989 m (6,525 ft.) drilled.
El Nino is going to expedite results by putting semi-rush status on core samples from the later holes. When the results come in over the next two weeks, a summary of findings will be delivered to CanAm Uranium Corp. and published online.
CanAm Uranium Corp. is actively working on compiling the data within the optioned Bancroft Ontario projects drilled, including the Halo Project and Amalgamated Rare Earth Project completed in the month of May.
The Company noted, “We are excited with the progress and the average grades of the drill program which confirm historical results on the Bancroft Project optioned by CanAm Uranium. It’s also important to look at the similarity in grade in comparison to past producing mines. We look forward to receiving the assays from the 9 holes drilled in May,” says Ryan Gibson CEO.
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