Makena Encounters Multiple Conductive Anomalies on Patterson Uranium Prospect
February 14 2014 - 8:46AM
Marketwired
Makena Encounters Multiple Conductive Anomalies on Patterson
Uranium Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 14, 2014) -
Makena Resources Inc. ("MKN", "Makena" or the "Company")
(TSX-VENTURE:MKN) (OTC:CANSF) wishes to report that the initial
data has returned results that show multiple conductive anomalies
within the Patterson Uranium Prospect. Two distinctive anomalous
zones were encountered. The southern zone has three specific
targets within the zone. The north target is a NW trending zone
associated with a break in the formation in the direct vicinity of
the conductive anomaly. A historical drill hole shows basement to
be relatively shallow at 154 metres depth within these zones.
Karl Schimann stated, "We are encouraged by the preliminary
data. We clearly have multiple conductive targets that we plan to
aggressively follow up on shortly. Of particular note is the
relationship of the conductive zones associated with the breaks in
the magnetic pattern. These breaks are often associated with
uranium mineralization. We look forward to potentially confirming
these anomalies by ground EM and follow by drilling to determine if
these targets have associated uranium mineralization."
MKN's Patterson Uranium Prospect, consists of three claim blocks
totaling 6,687 hectares (16,524 acres), which are all located in
the Athabasca Basin. The west block directly borders the recent
discovery on the Patterson Lake South Property by Alpha Minerals
Inc. and Fission Energy Corp. The other two blocks are in the
direct vicinity of the discovery.
Makena also holds a 50% interest the Clone property in Stewart,
BC. To date, Makena has achieved significant drill results that
returned grades of 12.80 m (42ft) of 44.75g/t (1.305oz/t)(12/22/09)
gold values including 4.87m (16 ft) of 76.80g/t (2.240oz/t) and a
102 tonne bulk sample that returned grades 4 oz/t or 139.2 g/t gold
(10/22/11) over the 102 individually tested tonne samples.
Karl Schimann, Ph.D., P. Geo., is the qualified technical person
responsible for this news release.
Negar Adam, President, Director
Makena Resources Inc.
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.
Makena Resources Inc.Negar AdamPresident,
Director1.604.685.51501(604) 689-1733www.makenaresourcesinc.com
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