Posted in | Gold | Mining Business

Uranium North Resource Signs Agreement with North Arrow Minerals

Uranium North Resource has signed an agreement with North Arrow Minerals to buy information to explore the Nowyak gold/silver property in Nunavut. This data consists of geophysical, geological and sample assay information of the Nowyak property. The cost price  of this data is $15,000 in cash and 75,000 ordinary shares.

The company has 100% interest in the Nowyak property. At first, the data was gathered in the late 1990s and early 2000s. The positive results from the east showings, which locates wide gold zones and the digital data from Induced Polarization survey, which supports to describe drill target areas are the significant components included in these data.

Uranium North will provide any identified material data apart from the comprehensive survey and dataset examination.

Five gold properties are explored by the company and only two properties are subjected to drilling. Additionally, Uranium North has planned to organize resource expansion program aggressively on its Amer Lake uranium property.

Source: http://www.uraniumnorth.com/

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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