Makena Uncovers Significant Gravity Low on Its Patterson Uranium Prospect

equities Canada |

VANCOUVER, BRITISH COLUMBIA--(Feb. 19, 2015) - Makena Resources Inc. (the Company or Makena) (MKN:CA) wishes to announce that the recent work program on the Patterson Uranium Prospect has uncovered a significant gravity low. Immediate follow up work is planned to fully investigate this finding. The Patterson Property directly borders Fission Energy Corp's (FCU:CA) discovery in the Athabasca Basin of Saskatchewan.

Dr. Karl Schimann stated, "It is very encouraging to have the data uncover this strong gravity low. This low correlates with the VTEM data previously gathered and is associated with a structural lineament defined by the VTEM data. Nexgen's Arrow discovery is also located on a gravity low and demonstrates the potential of gravity as a tool for drill targeting."

Negar Adam, President of Makena stated, "We are excited to have uncovered a potential target. Immediate follow up work is being planned and management is expecting to have crews back on the ground within days to further investigate this anomaly. The Athabasca Basin hosts many world class uranium deposits and management is encouraged by the findings to date on Makena's uranium prospect."

Dr. Karl Schimann, PhD, PGeo, is the qualified technical person responsible for this news release.

If you would like to be added to Makena's news distribution list please send your email address to makenaresourcesinc@gmail.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

 

Contact Information

  •  

    Makena Resources Inc.
    Negar Adam
    President, Director
    1.604.685.5150
    1(604) 689-1733 (FAX)

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Sack Lunch Productions Inc

Sack Lunch Productions Inc is an entertainment company. The Company, through its subsidiaries, is engaged in event management, production service, film production and distribution services.

Private Markets

WayBetter

The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…

Uber

Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…