🕐23.10.09 - 14:58 Uhr

Kirrin Resources Announces Drill Start-Up at Boxey Point Uranium Project



Kirrin Resources Announces Drill Start-Up at Boxey Point Uranium Project

Marketwire

 
 
Kirrin Resources Inc.
TSX VENTURE:KYM
Other Recent News

October 23, 2009
Kirrin Resources Announces Drill Start-Up at Boxey Point Uranium Project
CALGARY, ALBERTA--(Marketwire - Oct.

23, 2009) - Kirrin Resources Inc.

(TSX VENTURE:KYM) today announced that field activities for the 2009 exploration program at the Boxey Point uranium project will commence on or about November 1, 2009.

All supplies and equipment are expected in-place within 48 hours thereafter and drilling is scheduled to commence on November 3, 2009.

The Boxey Point project is located on the south coast of Newfoundland.

The Boxey Point program follows-up the results of fieldwork completed during 2008.

Drilling totalling some 1,500 m, with each hole ranging from about 125 m to a maximum depth of 250 m, will be completed during the forthcoming program.

These holes are being drilled to test a radioactive uranium-bearing zone that is exposed on a cliff-face along the west coast of the Boxey Point promontory, anomalous uranium in soil sample results that extend at least some 1.5 km easterly from this cliff face and, finally, selected fault zones and sedimentary strata that may control in whole or in part the uranium-bearing zone(s).

Kirrin is fortunate in having retained the same exploration team for 2009 that gained familiarity with the Boxey Point project during the 2008 program.

Reg A.

Olson, Ph.D., P.

Geol.

is the designated Qualified Person for Kirrin on the Boxey Point project.

Additional information relating to Kirrin is available on Kirrins web site at www.kirrinresources.com and on SEDAR at www.sedar.com.

Kirrin is engaged in REE and uranium exploration in Newfoundland & Labrador and Quebec and in the expansion of its portfolio through acquisition, merger, strategic partnership or joint venture.

Its strategy is well defined: enhancing shareholder value by combining technical expertise, corporate development skills and professional management.

Kirrins shares trade on the TSX Venture Exchange under the symbol KYM.

To receive company news releases via e-mail, please advise and specify "Kirrin News" in the subject line.

Forward-looking information: Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those expressed or implied by such forward-looking information.

Risks include delays in obtaining or failure to obtain regulatory approval.

Except as required by applicable securities legislation, the Company undertakes no obligation to publically update or revise forward-looking information, whether as a result of new information, future events or otherwise.


Neither 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 release.

CONTACT INFORMATION:

Kirrin Resources Inc.
Derek J Moran
President
27 82 440 3426
www.kirrinresources.com

or

CHF Investor Relations
Robin Cook
Account Manager
(416) 868-1079

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer


If you no longer want to receive announcements from us, please do not reply to this e-mail.

Instead simply click here.



Products & Services | Jobs