Fortbridge Media Release
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Monaro Mining [ASX: MRO] - Apache Basin Uranium Project (Arizona, USA) yielding positive results
Monaro Mining NL (ASX: MRO) announced today that exploration on the Apache Basin uranium project is yielding a number of positive results.
The exploration effort is being funded by Vale Exploration Canada Inc (VEC), a wholly owned subsidiary of Vale S.A.
(Vale), which has met its first year funding commitment of US$750,000.
HIGHLIGHTS:
Field evaluation of uranium prospects and anomalies from airborne survey on-going
Rock chip sampling detects values up to 0.20% U3O8
Permitting to enable drilling to commence on the Jim and Bull claims progressing
Vale completes its first year funding obligation of US$750,000
For further information please contact:
Jim Malone
Chairman
+61 4 19537714
or
Mart Rampe
Executive Director
+61 2 4647 9566
Media Enquiries: Fortbridge Bill Kemmery on +61 2 9331 0655 or
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