Mega Uranium Mining & Exploration in  Canada, Cameroon, Australia, Argentina, Bolivia, Columbia and Mongolia.

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Mega Uranium Ltd.
211 Yonge Street, Suite 502
Toronto, Ontario, Canada
M5B 1M4

Phone 416.643.7630
Fax 416.941.1090
 

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2006 News Releases

Gold Intersected in West Porcupine


April 10, 2006
  • Gold intersected in veins peripheral to 1994 discovery
     
  • Two individual 1 meter sections yielded 3.98g and 3.70g of Gold per tonne
     
  • Follow up drill program under review

Toronto, Ontario, Canada, April 10, 2006 – Mega Uranium Ltd. (“Mega”) (MGA-TSX-V) (through its Maple Minerals division) and Canadian Golden Dragon Resources Ltd. (“CGG”) have been informed of the results of a five hole drill program on the West Porcupine Gold Property, 34 miles southwest of Timmins. The work was carried out by Maestro Minerals Corp. (“MAP”) in the fall of 2005.

Two holes were drilled in section (WD05-54 at –62 degrees and WD05-55 at –50 degrees) from the same setup. These were designed to test the up-plunge extension of a gold discovery made on the property in the fall of 1994, which yielded 0.195 ounces gold over 39 feet, incl. 1.27 oz Gold over 5 ft. ( 43.04 g/1.5m) at a depth of 210 m vertically below surface in hole 94-18. The host was a wide silicified zone with abundant disseminated pyrite. Another hole 95-23, 150 m beneath the discovery hole, intersected 0.6 oz Gold over 6 ft. (20.4 g/1.8m ). Another hole 94-13 400 m west of 94-18 intersected 0.6 oz Gold over 4.1 ft. (21 g/1.3 m).

The geology of the 2 drill holes was carbonated mafic volcanics with large intersections of altered (talc) ultramafics and cross cutting quartz-feldspar porphyries. The drill holes encountered wide zones of anomalous gold values, with shorter intervals of higher values ( see tables below), hosted by carbonated mafic volcanics with disseminated sulphides, with most of the samples having several quartz/carbonate veinlets. Further drilling on this section and another section parallel to this 100 m, to the east and west will be required to confirm the plunge and extent of the zone. Deeper holes beneath the discovery are also necessary.

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