--(www.USEquityNews.com)-- 08/13/2008 - Uranium Exploration industry alert provided by U.S. Equity News. Paramount Gold and Silver Corp. (TO: PZG) is pleased to announce assay results from six additional drill holes in the San Miguel Vein. Diamond drill holes SM-48 through SM-54 were drilled to intercept the vein below and to the northwest of the recently reported excellent intercepts in holes SM-45, 46 and 47, below the northwestern margin of Clavo 99. Intercepts below the surface ranged from 200 meters (SM-48 and 49) to 350 meters (SM-53) depth. The most interesting aspect of this group of holes is that the grades of the principal intercepts are clearly increasing with depth. As displayed on the long section (http://paramountgold.com/projects/san_miguel_maps.asp), holes SM-49 and 51 had modest intercepts shown as green dots.
Brush Wellman Inc. (NYSE: BW) announced today that it has entered into a licensing agreement with Mafco Inc. of Largo, Florida to acquire corrosion protection coating technology as applied to beryllium materials. The technology will be utilized on select beryllium metal and aluminum beryllium composite products manufactured by Brush Wellman's Beryllium Products unit. The acquired Mafco technology includes anodization and chemical film coating. Protective and low emissivity coatings are often desirable for optical, structural and electronic applications for beryllium metal and aluminum beryllium composite products. These coatings provide a barrier to oxidation which enhances performance, reliability and useful life.
PolyMet Mining Corp. (NYSE: PLM) ("PolyMet" or the "Company") reported today that the State of Minnesota has committed to completing the PolyMet draft Environmental Impact Statement ("EIS") by the end of September. This will provide time to complete an expanded statistical analysis of water quality predictions that forms part of the State's environmental review of PolyMet's development-stage copper-nickel-precious metals mine located in northeastern Minnesota. The Minnesota Department of Natural Resources ("MDNR") and the U.S. Army Corps. of Engineers ("USACE"), jointly the "Lead Agencies", are preparing the draft EIS. As previously reported, the EIS Contractor, who works on behalf of the Lead Agencies, delivered 14 of 19 chapters in early June and these chapters have been reviewed by other cooperating agencies participating in the EIS, and their comments are being incorporated into the draft EIS. With the exception of the data recently requested for the statistical analysis, PolyMet has delivered all of the technical information requested for the remaining 5 chapters, which the EIS Contractor is completing.
Strongbow Resources, Inc. (OTCBB: STBR), a uranium exploration and development company, through its CEO Darren Hayes, recently announced that it has entered into a Memorandum of Understanding with Holloman Minerals, Ltd. of Perth, Australia to Farm-in up to 98% of seven (7) exploration license areas in the Frome Embayment near Lake Callabonna in South Australia covering an area of approximately 3,792 square kilometers (937,000 acres) known as the Cameron's Corner Palaeochannel Project (CCP Project). All of these areas are considered to be prospective for uranium and will form the basis for exploration activities. The Company's initial focus will be to explore the CCP Project Area by stages. The first stage will be an airborne electromagnetic survey to map channels and structure throughout the region with infill in the areas where channels or structure are indicated from previous work. Based on the results from this airborne survey and interpretation of existing data, the Company expects to target favorable structural belts and channels for follow up drilling. For a full report visit www.stocksjournal.com
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