Waseco Resources is an emerging uranium exploration companyHaving selected and acquired a large and highly prospective uranium land package, management elected to bring in a partner that has both the financial and technical means to effectively develop the potential of the properties. Waseco has Areva SA as its partner, the world leader in nuclear power and the only company to cover all industrial activities in this field from exploration and development of mineral resources through to the construction of nuclear power plants, fuel treatment and recycling of reusable materials. Exploration success should lead to the creation of value and translate into significant share appreciation. [more] Featured Property:Since early 2005, Waseco has tripled in size of its uranium portfolio to 330 sq km. The lands between Blocks I and II have now been joined to form one contiguous Block. This area has been the primary focus of exploration during the past season. Airborne geophysics, consisting of radiometric and magnetometer surveys, as well as initial ground geochemistry, have confirmed that this area has multiple large zones of surface uranium. A exciting follow-up ground program, to include diamond drilling, is now planned for Block I/II. [more]
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