Yellow Cat Uranium Plc
Yellow Cat Uranium Plc: COMMENCEMENT OF DRILLING IN UTAH
Yellow Cat Uranium Plc / Miscellaneous/Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- COMMENCEMENT OF DRILLING IN UTAH The Board of Directors of Yellow Cat Uranium plc ('Yellow Cat Uranium' or the 'Company') is pleased to announce that it commenced drilling on the Big Flat property in Utah on Monday 19th November. The Company plans to drill an initial 5 hole programme on the Big Flat property to test a radiometric anomaly encountered during the drilling of a gas well in August 1956. The drilling programme is expected to take about one week. All holes will be radiometrically logged on-site and any anomalous zones will be sampled and sent for analysis with results due in approximately 6 weeks. George Heard, Managing Director of Yellow Cat Uranium, said: ‘We are pleased to be starting on the drilling programme in Utah and look forward to the results early in the New Year. About Yellow Cat Uranium plc: Yellow Cat Uranium plc holds a lease on five claim groups and three Utah State Mineral Leases comprising four mineral properties situated in south-eastern Utah and the immediately adjacent part of south-western Colorado. The four properties - referred to as the Yellow Cat, the Sharp Canyon, the Harts Point, and the Big Flat-Bull Canyon properties - cover an area of approximately 10,500 acres. The Company also has a 25,000 hectare exploration licence in Paraguay. The Directors of Yellow Cat Uranium plc accept responsibility for this announcement. For further information, please contact: George Heard Managing Director Yellow Cat Uranium plc Telephone: +1 604 377 0489 Bo Olsson Weavering Corporate Finance Ltd, Corporate Adviser to the Company Email: bo@weaveringcf.com Telephone: +44 (0)20 7355 4070 23.11.2007 Financial News transmitted by DGAP ----------------------------------------------------------------------
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