News Releases
2009 August 17
Xemplar Intersects U3O8 Mineralization Over 26 Metres at Big Yellow
Vancouver, British Columbia, Canada, August 17, 2009 – The Board of Directors of Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia: XEM) (“Xemplar” or the “Company”) are pleased to report chemical assay results for an additional 25 drill holes from the Company’s ongoing 2009 drill program at the Big Yellow mineralized zones located at its 100% owned Warmbad Uranium project in southern Namibia.
Simon Tam, Chief Executive Officer states “We continue to be greatly encouraged with the additional drill results from Big Yellow East and West. The results continue to demonstrate continuity of uranium mineralization, good widths and good grades.”
Highlights of chemical assay results from the Company’s 2009 drill program at Big Yellow East and West are shown in the ensuing two tables. Additional assay results for all drill holes currently reported on are available on the Company’s website www.xemplar.ca.
Big Yellow East
| Drill Hole |
Hole Inclination |
From (metres) |
To (metres) |
Width (metres) |
U3O8 Grade
(parts per million) |
U3O8 Grade
(percentage)* |
| RCBYE0030 |
|
5 |
13 |
8 |
129.6 |
0.013% |
includes |
|
9 |
10 |
1 |
241.0 |
0.024% |
| |
|
151 |
158 |
7 |
102.2 |
0.010% |
| RCBYE0064 |
|
30 |
56 |
26 |
116.9 |
0.012% |
includes |
|
32 |
33 |
1 |
262.2 |
0.026% |
| RCBYE0065 |
|
72 |
91 |
19 |
125.5 |
0.013% |
includes |
|
89 |
91 |
2 |
378.2 |
0.038% |
| RCBYE0067 |
|
16 |
38 |
22 |
117.6 |
0.012% |
includes |
|
29 |
31 |
2 |
348.5 |
0.035% |
| |
|
191 |
200 |
9 |
100.2 |
0.010% |
| RCBYE0068 |
|
159 |
164 |
5 |
132.3 |
0.013% |
* Rounded to the nearest 1/1000th of percentile.
In addition to the above assay results reported for Big Yellow East, 25 intervals of 1 to 4 meters with grades ranging from 101.0 parts per million (PPM) (0.01%) to 295.0 PPM (0.030%) were also noted, and available on the Company website. This includes assay results for RCBYE0028, RCBYE0063 and RCBYE0066, which are not listed in the above table, but are also available on the Company website.
Big Yellow West
| Drill Hole |
Hole Inclination |
From (metres) |
To (metres) |
Width (metres) |
U3O8 Grade
(parts per million) |
U3O8 Grade
(percentage)* |
| RCBYW0031 |
|
4 |
14 |
10 |
107.5 |
0.011% |
| RCBYW0034A |
|
53 |
78 |
25 |
104.4 |
0.010% |
includes |
|
53 |
54 |
1 |
279.4 |
0.028% |
includes |
|
60 |
61 |
1 |
209.3 |
0.021% |
includes |
|
63 |
64 |
1 |
212.0 |
0.021% |
| |
|
123 |
133 |
10 |
100.0 |
0.010% |
| |
|
188 |
196 |
8 |
112.1 |
0.011% |
includes |
|
188 |
189 |
1 |
314.9 |
0.031% |
| RCBYW0036 |
|
56 |
66 |
10 |
135.4 |
0.014% |
includes |
|
57 |
58 |
1 |
211.7 |
0.021% |
includes |
|
62 |
64 |
2 |
240.5 |
0.024% |
| RCBYW0037 |
|
36 |
43 |
7 |
109.6 |
0.011% |
| |
|
49 |
67 |
18 |
103.3 |
0.010% |
| RCBYW0038 |
|
44 |
50 |
6 |
100.5 |
0.010% |
| RCBYW0039 |
|
0 |
9 |
9 |
105.5 |
0.011% |
| |
|
51 |
57 |
6 |
125.6 |
0.013% |
includes |
|
54 |
55 |
1 |
200.7 |
0.020% |
| RCBYW0044 |
|
91 |
96 |
5 |
136.6 |
0.014% |
* Rounded to the nearest 1/1000th of percentile.
In addition to the above assay results reported for Big Yellow West 70 intervals of 1 to 4 meters with grades ranging from 100.3 parts per million (PPM) (0.01%) to 211.0 PPM (0.021%) were also noted, and available on the Company website. This includes assay results for RCBYW0029, RCBYW0030 and RCBYW0032, RCBYW0033, RCBYW0034, RCBYW0040, RCBYW0041, RCBYW0042 and RCBYW0043 which are not listed in the above table, but are also available on the Company website.
Drilling Update
The 2009 drill program is well underway; the objective is to begin developing uranium resources. Exploration drilling continues with the objective of discovering new mineralization zones and further extending the size of the eight zones of mineralization that have already been discovered.
Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.
On behalf of the Board of Directors,
Xemplar Energy Corp.
“Simon Tam”
Simon Tam, CEO and Director
Xemplar Energy Corp.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither 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. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Xemplar Energy Corp. seeks safe harbor.
Xemplar Energy Drill Results
Note: Drill Results highlighted in yellow were reported in the Press Release dated August 17, 2009
Big Yellow East
| Drill Hole |
Hole Inclination |
From (metres) |
To (metres) |
Width (metres) |
U3O8 Grade
(parts per million) |
U3O8 Grade
(percentage)* |
| RCBYE0028 |
|
79 |
80 |
1 |
104.0 |
0.010% |
| RCBYE0030 |
|
5 |
13 |
8 |
129.6 |
0.013% |
includes |
|
9 |
10 |
1 |
241.0 |
0.024% |
| |
|
125 |
129 |
4 |
106.1 |
0.011% |
| |
|
151 |
158 |
7 |
102.2 |
0.010% |
| RCBYE0063 |
|
48 |
51 |
3 |
111.8 |
0.011% |
| |
|
58 |
59 |
1 |
111.4 |
0.011% |
| |
|
60 |
61 |
1 |
111.5 |
0.011% |
| |
|
70 |
73 |
3 |
191.0 |
0.019% |
includes |
|
70 |
71 |
1 |
307.7 |
0.031% |
includes |
|
72 |
73 |
1 |
237.2 |
0.024% |
| RCBYE0064 |
|
30 |
56 |
26 |
116.9 |
0.012% |
includes |
|
32 |
33 |
1 |
262.2 |
0.026% |
| |
|
53 |
54 |
1 |
204.6 |
0.020% |
| |
|
97 |
98 |
1 |
131.3 |
0.013% |
| |
|
106 |
107 |
1 |
101.9 |
0.010% |
| RCBYE0065 |
|
72 |
91 |
19 |
125.5 |
0.013% |
includes |
|
89 |
91 |
2 |
378.2 |
0.038% |
| |
|
107 |
108 |
1 |
126.6 |
0.013% |
| |
|
110 |
111 |
1 |
120.0 |
0.012% |
| |
|
169 |
173 |
4 |
107 |
0.011% |
| RCBYE0066 |
|
54 |
55 |
1 |
112.1 |
0.011% |
| |
|
149 |
150 |
1 |
295.9 |
0.030% |
| RCBYE0067 |
|
16 |
38 |
22 |
117.6 |
0.012% |
includes |
|
29 |
31 |
2 |
348.5 |
0.035% |
| |
|
75 |
76 |
1 |
124.4 |
0.012% |
| |
|
111 |
112 |
1 |
147.7 |
0.015% |
| |
|
116 |
120 |
4 |
104.0 |
0.010% |
| |
|
167 |
168 |
1 |
118.9 |
0.012% |
| |
|
172 |
175 |
3 |
135.3 |
0.014% |
includes |
|
173 |
174 |
1 |
268.1 |
0.027% |
| |
|
191 |
200 |
9 |
100.2 |
0.010% |
| RCBYE0068 |
|
30 |
31 |
1 |
101.0 |
0.010% |
| |
|
58 |
61 |
3 |
111.7 |
0.011% |
| |
|
77 |
78 |
1 |
178.4 |
0.018% |
| |
|
127 |
128 |
1 |
178.7 |
0.018% |
| |
|
145 |
146 |
1 |
118.2 |
0.012% |
| |
|
148 |
149 |
1 |
116.8 |
0.012% |
| |
|
159 |
164 |
5 |
132.3 |
0.013% |
* Rounded to the nearest 1/1000th of percentile.
Big Yellow West
| Drill Hole |
Hole Inclination |
From (metres) |
To (metres) |
Width (metres) |
U3O8 Grade
(parts per million) |
U3O8 Grade
(percentage)* |
| RCBYW0029 |
|
49 |
50 |
1 |
101.8 |
0.010% |
| |
|
109 |
111 |
2 |
106.7 |
0.011% |
| |
|
178 |
180 |
2 |
154.9 |
0.015% |
| RCBYW0030 |
|
12 |
13 |
1 |
103.3 |
0.010% |
| |
|
18 |
19 |
1 |
106.5 |
0.010% |
| |
|
23 |
24 |
1 |
104.3 |
0.010% |
| |
|
77 |
78 |
1 |
100.3 |
0.01% |
| |
|
86 |
87 |
1 |
114.3 |
0.01% |
| RCBYW0031 |
|
4 |
14 |
10 |
107.5 |
0.01% |
| |
|
23 |
24 |
1 |
107.2 |
0.01% |
| |
|
32 |
33 |
1 |
109 |
0.01% |
| |
|
48 |
52 |
4 |
101.7 |
0.01% |
| |
|
63 |
64 |
1 |
105.2 |
0.01% |
| |
|
89 |
91 |
2 |
101.6 |
0.01% |
| |
|
107 |
108 |
1 |
211 |
0.02% |
| |
|
116 |
117 |
1 |
105.2 |
0.01% |
| RCBYW0032 |
|
6 |
7 |
1 |
125 |
0.01% |
| |
|
15 |
16 |
1 |
127.2 |
0.01% |
| |
|
20 |
21 |
1 |
144.2 |
0.01% |
| |
|
32 |
33 |
1 |
172.3 |
0.02% |
| |
|
62 |
63 |
1 |
112.9 |
0.01% |
| RCBYW0033 |
|
3 |
7 |
4 |
127.4 |
0.01% |
| |
|
37 |
39 |
2 |
134.4 |
0.01% |
| |
|
82 |
85 |
3 |
145.9 |
0.02% |
includes |
|
82 |
83 |
1 |
224.9 |
0.02% |
| |
|
101 |
102 |
1 |
105.8 |
0.01% |
| |
|
105 |
106 |
1 |
128.4 |
0.01% |
| |
|
112 |
113 |
1 |
106.6 |
0.01% |
| |
|
117 |
119 |
2 |
110.6 |
0.01% |
| |
|
130 |
113 |
3 |
152.6 |
0.02% |
| |
|
142 |
144 |
2 |
120 |
0.01% |
| |
|
161 |
162 |
1 |
103.3 |
0.01% |
| |
|
166 |
168 |
2 |
126.7 |
0.01% |
| RCBYW0034 |
|
36 |
39 |
3 |
113.3 |
0.01% |
| |
|
48 |
49 |
1 |
125.9 |
0.01% |
| RCBYW0034A |
|
41 |
42 |
1 |
144 |
0.01% |
| |
|
53 |
78 |
25 |
104.4 |
0.01% |
includes |
|
53 |
54 |
1 |
279.4 |
0.03% |
includes |
|
60 |
61 |
1 |
209.3 |
0.02% |
includes |
|
63 |
64 |
1 |
212 |
0.02% |
| |
|
123 |
133 |
10 |
100 |
0.01% |
| |
|
134 |
135 |
1 |
114.8 |
0.01% |
| |
|
137 |
138 |
1 |
100.5 |
0.01% |
| |
|
148 |
149 |
1 |
146.2 |
0.02% |
| |
|
180 |
181 |
1 |
148.0 |
0.015% |
| |
|
188 |
196 |
8 |
112.1 |
0.011% |
includes |
|
188 |
189 |
1 |
314.9 |
0.031% |
| RCBYW0035 |
|
70 |
73 |
3 |
102.7 |
0.010% |
| RCBYW0036 |
|
56 |
66 |
10 |
135.4 |
0.014% |
includes |
|
57 |
58 |
1 |
211.7 |
0.021% |
includes |
|
62 |
64 |
2 |
240.5 |
0.024% |
| |
|
100 |
101 |
1 |
112.5 |
0.011% |
| RCBYW0037 |
|
36 |
43 |
7 |
109.6 |
0.011% |
| |
|
49 |
67 |
18 |
103.3 |
0.010% |
| |
|
87 |
88 |
1 |
120.1 |
0.012% |
| |
|
123 |
125 |
2 |
106.7 |
0.011% |
| RCBYW0038 |
|
44 |
50 |
6 |
100.5 |
0.010% |
| |
|
51 |
52 |
1 |
101.7 |
0.010% |
| |
|
125 |
129 |
4 |
115.3 |
0.012% |
| |
|
152 |
155 |
3 |
103.5 |
0.010% |
| |
|
168 |
169 |
1 |
106.4 |
0.011% |
| RCBYW0039 |
|
0 |
9 |
9 |
105.5 |
0.011% |
| |
|
51 |
57 |
6 |
125.6 |
0.013% |
includes |
|
54 |
55 |
1 |
200.7 |
0.020% |
| |
|
127 |
128 |
1 |
104.2 |
0.010% |
| RCBYW0040 |
|
35 |
36 |
1 |
103.8 |
0.010% |
| |
|
51 |
53 |
2 |
106.3 |
0.011% |
| |
|
54 |
58 |
4 |
102.4 |
0.010% |
| RCBYW0041 |
|
40 |
44 |
4 |
122.5 |
0.012% |
| |
|
80 |
82 |
2 |
139.2 |
0.014% |
| |
|
141 |
142 |
1 |
109.1 |
0.011% |
| RCBYW0042 |
|
29 |
31 |
2 |
127.1 |
0.013% |
| |
|
89 |
93 |
4 |
101.9 |
0.010% |
| |
|
122 |
123 |
1 |
124.7 |
0.012% |
| |
|
129 |
130 |
1 |
100.6 |
0.010% |
| |
|
145 |
146 |
1 |
122.8 |
0.012% |
| |
|
150 |
153 |
3 |
127.6 |
0.013% |
| |
|
155 |
157 |
2 |
101.3 |
0.010% |
| RCBYW0043 |
|
153 |
154 |
1 |
150.8 |
0.015% |
| |
|
157 |
161 |
4 |
137.1 |
0.014% |
| |
|
166 |
167 |
1 |
105.3 |
0.011% |
| |
|
184 |
187 |
3 |
160.3 |
0.016% |
| RCBYW0044 |
|
61 |
62 |
1 |
101.6 |
0.010% |
| |
|
91 |
96 |
5 |
136.6 |
0.014% |
| |
|
104 |
106 |
2 |
107.4 |
0.011% |
| |
|
187 |
191 |
4 |
105.2 |
0.011% |
| |
|
194 |
195 |
1 |
124.6 |
0.012% |
| |
|
199 |
200 |
1 |
135.2 |
0.014% |
* Rounded to the nearest 1/1000th of percentile.
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