Agoracom Blog

Uracan Resources joins AGORACOM 100 with a NI 43-101 Resource estimate of over 40.7 million lbs of Uranium

Posted by AGORACOM at 10:39 AM on Monday, September 14th, 2009


I’m very happy to announce that Uracan Resources (URC:TSXV) was added to the AGORACOM 100 today. Uracan Resources is in the business of exploring and developing bulk tonnage, near-surface uranium deposits with its two 100%-owned projects in Canada. With only 40 of 1000 square km explored on the Quebec property, Uracan has discovered over 40.7 million lbs. (NI 43-101 inferred resources) U3O8 since 2006 and the 2009 Drilling Program is expected to bring further positive results.  I like the fact that Uracan is armed with a 43-101, which significantly differentiates them from “less polished” Uranium pretenders.

The AGORACOM 100 is meant to be a filter that provides investors with an ability to separate the wheat from the chafe – and Uracan Resources is most definitely AGORACOM 100 material. The fact that Uracan has chosen to make itself fully accessible via online investor relations and an electronic shareholder forum (all links below) tells you a lot about the company’s confidence.  You just don’t open yourself up to the public unless you believe in your story.  As such, I’m looking forward to sharing the company’s developments with you over the next 12 months and beyond.

Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for Uracan Resources and do your own due diligence.  To that end, I’ve provided you with a running start below.

Highlights include:

·Focused on bulk tonnage near-surface uranium deposits

·Two 100%-owned projects:North Shore, Quebec & Pipewrench Lake, Saskatchewan

·40.7 million lbs. U3O8 (NI 43-101 inferred resources) discovered at North Shore project

·Summer 2009 Exploration Program underway

Recent News:

Uracan begins drilling on higher grade Grandroy and Turgeon Est Zones
9:15 AM ET, September 9, 2009

Uracan Discovers Higher Grade Uranium Mineralization
:15 AM ET, August 26, 2009

Uracan Resources:Full Profile
Uracan Resources:HUB
Uracan Resources:Shareholder Forum

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