Post by Zoinkers on May 10, 2006 20:04:51 GMT -5
Entourage Mining Identifies Several Radioactive Target Areas on Doran Uranium Property
Wednesday May 10, 9:00 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 10, 2006 -- Entourage Mining Ltd. ("Entourage" or the "Company") (OTC BB:ETGMF.OB - News) reports that several radioactive targets have been identified by a recent airborne geophysical survey of the Doran uranium property. The Doran uranium property is located in eastern Quebec, immediately north of the Gulf of St. Lawrence, just north of provincial highway 138 about 25 kilometers west of Aguanish, and approximately 85 kilometers east of Havre St. Pierre. Entourage Mining Ltd has an option to acquire 100% interest in the 44-claim Doran property, subject to 2.5% royalty.
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A recent airborne geophysical survey of the Doran property by Terraquest Ltd. delineated a large number of zones of anomalous radioactivity, including two zones on which uranium exploration previously had been undertaken. Seven high priority uranium targets and 12 secondary uranium targets have been identified on or adjacent to the 44 Doran claims. Among the high priority uranium targets are the Main Grid and North Zone prospect areas that were investigated by the company during the 2005 field season.
Based on the results obtained from Entourage's initial 2005 program of work and the results obtained from the airborne survey of the property, a second phase work program has been recommended by the Company's management and consultants. The recommended 2006 program will expand technical coverage to include all of the recently identified target areas and will include at least 2000 meters of diamond drilling, geological mapping, rock stripping and rock sampling, and radiometric and magnetometer surveys. This work will help define and measure the sources of strongly anomalous radioactivity and may result in identification of additional uranium prospects.
The possibility of demonstrating the presence of high tonnage, low-grade occurrences of radioactive mineralization will also be assessed in the field and may permit development of a conceptual geologic model that can then be further evaluated. The Company's objective at Doran is to locate and delineate a large tonnage, low-grade, open-pit mineable uranium deposit. The rapidly changing energy market accompanied by the escalating price of uranium compels the evaluation of such potentially mineable zones for possible production.
Although historical exploration on the property has demonstrated the possibility of high tonnage low-grade uranium mineralization, the property is still in the early stage of exploration. The drilling and field crews are expected to mobilize to the Doran property by May 15th.
Erik Ostensoe, P.Geo, and a qualified person and the project geologist, has reviewed this press release.
Forward-Looking Statements
Except for historical information contained herein, the statements in this Press Release may be forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Entourage Mining Ltd.'s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Entourage Mining Ltd.'s operations. These and other risks are described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Gregory F Kennedy, President & CEO
Contact:
Contacts:
Entourage Mining Ltd.
Craig Doctor
(604) 278-4656
info@entouragemining.com
www.entouragemining.com
Wednesday May 10, 9:00 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 10, 2006 -- Entourage Mining Ltd. ("Entourage" or the "Company") (OTC BB:ETGMF.OB - News) reports that several radioactive targets have been identified by a recent airborne geophysical survey of the Doran uranium property. The Doran uranium property is located in eastern Quebec, immediately north of the Gulf of St. Lawrence, just north of provincial highway 138 about 25 kilometers west of Aguanish, and approximately 85 kilometers east of Havre St. Pierre. Entourage Mining Ltd has an option to acquire 100% interest in the 44-claim Doran property, subject to 2.5% royalty.
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A recent airborne geophysical survey of the Doran property by Terraquest Ltd. delineated a large number of zones of anomalous radioactivity, including two zones on which uranium exploration previously had been undertaken. Seven high priority uranium targets and 12 secondary uranium targets have been identified on or adjacent to the 44 Doran claims. Among the high priority uranium targets are the Main Grid and North Zone prospect areas that were investigated by the company during the 2005 field season.
Based on the results obtained from Entourage's initial 2005 program of work and the results obtained from the airborne survey of the property, a second phase work program has been recommended by the Company's management and consultants. The recommended 2006 program will expand technical coverage to include all of the recently identified target areas and will include at least 2000 meters of diamond drilling, geological mapping, rock stripping and rock sampling, and radiometric and magnetometer surveys. This work will help define and measure the sources of strongly anomalous radioactivity and may result in identification of additional uranium prospects.
The possibility of demonstrating the presence of high tonnage, low-grade occurrences of radioactive mineralization will also be assessed in the field and may permit development of a conceptual geologic model that can then be further evaluated. The Company's objective at Doran is to locate and delineate a large tonnage, low-grade, open-pit mineable uranium deposit. The rapidly changing energy market accompanied by the escalating price of uranium compels the evaluation of such potentially mineable zones for possible production.
Although historical exploration on the property has demonstrated the possibility of high tonnage low-grade uranium mineralization, the property is still in the early stage of exploration. The drilling and field crews are expected to mobilize to the Doran property by May 15th.
Erik Ostensoe, P.Geo, and a qualified person and the project geologist, has reviewed this press release.
Forward-Looking Statements
Except for historical information contained herein, the statements in this Press Release may be forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Entourage Mining Ltd.'s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Entourage Mining Ltd.'s operations. These and other risks are described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Gregory F Kennedy, President & CEO
Contact:
Contacts:
Entourage Mining Ltd.
Craig Doctor
(604) 278-4656
info@entouragemining.com
www.entouragemining.com