Land Position Expanded At The Rio Puerto Project

VANCOUVER – North Shore Uranium Ltd. has staked 27 additional mining claims at its Rio Puerco uranium project in northwestern New Mexico. The Project now includes 64 adjoining Bureau of Land Management (BLM) claims. In 2009, a historical uranium resource estimate of 6.0 million tonnes at an average grade of 0.09% eU3O8 for 11.4 million pounds of U3O8 was reported for Rio Puerco. Initial review of the historical data suggests the potential for in-situ recovery (ISR) mining, the lowest cost method for producing uranium. The entire Historical Resource is located on the original 37 Rio Puerco claims (the “Original Claims”). Previously completed exploration work suggests that there is potential to expand the reported uranium mineralization on both the Original Claims and the New Claims.
Brooke Clements, President and CEO, said, “North Shore’s Rio Puerco project in the Grants Uranium District of New Mexico, hosts a significant historical uranium resource with excellent upside. The staking of 27 new claims complements the Company’s strategy of confirming and expanding upon the scale of uranium mineralization found by previous work done at Rio Puerco while further assessing the potential for ISR uranium recovery.”