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  • RPT - ma 2 cents

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    Hi Guys,

    I was gonna say SGX - Sage Gold @ .12 cents but Goldiecents beat me.

    So-

    RPT - Rampart Uranium @ .42 cents.

    Drilling Sibley Basin
    - 1st mover
    - 1st results, ahh, da heck wit it, here's posting from ma blog
    what I donna understand, is why no coverage anywhere? Under radar?
    ---------------------------------------------
    Rock Notes - RPT - Uranium - Double Barrel

    RPT just had 4.7 million warrants @ .40 cents expire today, April 20, 2007.

    The sky is now clear and der is a double barrel being loaded as we write.

    RPT's recent uranium results of 4.68% U3O8 over 0.72 metres in Sibley basin drilling has prompted the company to extend the drilling program. See first PR below.

    Also, RPT had previously announced drilling in the Athabasca basin, see second PR below.

    Just a word ta da wise.

    HardRock

    ---------------------------------------------------------------------------------------

    Thu Apr 12, 2007
    Rpt Uranium Extends Split Rapids Drilling Program Sibley Basin-Northeast Of Thunder Bay, Ontario

    --------------------------------------------------------------------------------

    Dr. Hikmet Akin, President, announces that RPT Uranium Ltd. (RPT.TSX-V). is extending its winter diamond drilling program in the Split Rapids area of the Black Sturgeon uranium property in the Sibley basin northeast of Thunder Bay, Ontario. The decision to expand the drill program to 6,750 metres follows on the intersection of high grade uranium mineralization: 4.68% U3O8 over 0.72 metres in drill hole BSE07-03 (see news release dated April 2nd, 2007).

    Dr. Akin stated that, "with these high uranium grades intersected near surface, a relatively small deposit can contain a lot of pounds of uranium. We therefore need to drill at a close spacing to fully test the target area." To date, 20 drill holes totalling 4,258 metres have been completed in the 2007 program. An additional 15 to 20 holes are planned, for a program total of 6,750 metres.

    The Split Rapids uranium zones occur in or adjacent to an Archean iron formation which has been traced over a length of 900 metres. Seven uranium-bearing zones have been found by prospecting and mechanical stripping and consist of clusters of narrow but high grade pitchblende-bearing veins. The area was once covered by Sibley Group sediments which have now been removed by erosion and the unconformity at the base of the Sibley Group lies an unknown distance above the present land surface.

    The following is a list of all drill intercepts giving assays over 0.05% U3O8 from the 2005 and 2007 programs at Split Rapids.



    Hole
    From
    To
    length (m)
    U3O8%

    BS05-09
    11.05
    11.35
    0.30
    0.563

    BS05-10
    8.00
    8.30
    0.30
    0.082

    BS05-11
    10.57
    10.87
    0.30
    0.179

    BS05-12
    5.64
    5.94
    0.30
    1.990

    and
    10.55
    11.19
    0.64
    0.110

    BS05-14
    18.73
    19.03
    0.30
    0.105

    and
    19.40
    19.70
    0.30
    0.070

    BS05-15
    16.14
    16.44
    0.30
    0.088

    and
    16.87
    17.17
    0.30
    0.065

    and
    17.17
    17.56
    0.39
    0.169

    and
    22.32
    22.92
    0.60
    0.230

    BS05-16
    32.33
    36.99
    4.66
    0.098

    including
    32.33
    35.85
    3.52
    0.120

    including
    34.83
    35.85
    1.02
    0.224

    BS05-22
    8.74
    9.04
    0.30
    0.064

    and
    27.16
    27.46
    0.30
    0.213

    BS05-24
    10.95
    11.25
    0.30
    0.046

    BS05-25
    25.80
    26.10
    0.30
    0.293

    BS05-26
    21.34
    21.64
    0.30
    0.052

    BS05-28
    33.34
    33.64
    0.30
    0.110

    and
    33.76
    34.06
    0.30
    0.067

    and
    52.60
    52.90
    0.30
    0.543

    BS05-29
    45.80
    46.10
    0.30
    0.068

    BS05-30
    37.09
    38.59
    1.50
    2.994

    BSE07-02
    46.70
    47.00
    0.30
    0.362

    BSE07-03
    70.67
    71.39
    0.72
    4.680



    Additional samples from holes BSE07-07, 09, 14 and 16 have been sent for assay.

    RPT Uranium is also pleased to report that over 8.2 million warrants have been exercised, raising over CDN$2.9 million to date. These warrants were attached to shares issued as part of the March 2006 financing. Additional funds will enable RPT Uranium to continue its exploration programs both in the Sibley basin in Ontario and in the Athabasca basin of northern Saskatchewan.

    The Black Sturgeon uranium property lies in the Sibley Basin between 75 and 110 kilometres north and northeast of Thunder Bay, Ontario and can be viewed on the Company's website www.RPTuranium.ca. Infrastructure is excellent, with all parts of the property accessible by logging roads and the property can be explored on a year round basis.

    Technical information in this news release has been reviewed by Colin Bowdidge, Ph.D., P.Geo., vice-president of exploration for the company and a Qualified Person as defined in National Instrument 43-101. Assays from the 2005 drilling were performed by SRC Geoanalytical Laboratories of Saskatoon. The 2007 assays were performed by Loring Laboratories Ltd. of Calgary. Sample lengths quoted are core lengths; the geometry of the zones as a whole is not understood and no estimate can be made of true widths.

    ON BEHALF OF THE BOARD,

    Hikmet Akin
    President
    ----------------------------------------------------------------------------------------

    Tue Feb 27, 2007
    RPT Uranium To Drill Anomalies In Athabasca Basin

    --------------------------------------------------------------------------------

    Dr. Hikmet Akin, President of RPT Uranium Corp. (RPT.TSX-V) is pleased to announce the results of the 2006 exploration program on the company's 25,000-acre, wholly-owned Richards Lake uranium property in the northern part of the Athabasca basin, Saskatchewan. In September 2006, a program of boulder and outcrop sampling, subsequent analysis and reflectance spectroscopy was successfulle in identifying an area of anomalous uranium and pathfinder elements with associated kaolinite and illite clay alteration coincident with conductive trends and interpreted faults defined by an airborne Megatem(r) survey. As a result of the surface sampling program, several target areas for unconformity-type uranium mineralization have been defined on the property and the Company has made plans for a late winter or early summer diamond drill program to test these targets.

    A program of prospecting rock sampling in the fall of 2006 collected 1095 samples (157 from outcrop and 938 from angular boulders in till) along the 30 kilometre long by 2 kilometre wide property, which covers a regional-scale structure with a well-defined topographic expression. This structure may be the Grease River shear, or a parallel fault system. The rock samples were analysed for uranium and the various pathfinder elements. Anomalous uranium contents up to 2.40 ppm (against a median value of less than 0.10 ppm) were returned from the analysis. Anomalous values were also found in the commonest pathfinder elements with arsenic up to 2.8 ppm (median less than 1.0 ppm), boron up to 30.8 ppm (median less than 1.0 ppm), cobalt up to 32.7 ppm (median 3.6 ppm), nickel up to 66.4 ppm (median 5.0 ppm) and lead up to 11.8 ppm (median less than 1.0 ppm).

    Clay alteration of the type associated with unconformity-related uranium mineralization is also present in the rock samples. The normal background clay mineral is dickite; illite was identified as the main clay mineral in two samples, and kaolinite in 58 samples. Mineral identification was done by infra-red/visible reflectance spectroscopy.

    The geochemically anomalous rock samples and the samples with clay alteration are strongly concentrated near the east end of the property where depths to basement are in the 200 metre range. They are closely associated with a cluster of conductors defined by an airborne Megatem(r) survey, and also with a pair of low-angle cross-faults that are readily apparent from the airborne magnetic survey data. The airborne survey data are currently being processed for interpretation purposes by Condor Consulting Inc. A second airborne survey using the VTEM(r) system was also carried out during the winter over the shallower, eastern part of the property, with a view to refining the conductor locations to better define drill targets.

    Dr. Akin stated that, "it is unusual for these features - rock chemistry, clay alteration, airborne geophysics and interpreted geological structures - to all come together and define a target area so closely. We are extremely encouraged by these developments."

    A second definite Megatem(r) conductor system about 5 kilometres to the west is also coincident with a low-angle cross-fault interpreted from airborne magnetics. It also has associated geochemical anomalies in uranium, boron and lead, as well as kaolinite alteration; the clustering of these anomalies is somewhat looser, perhaps because of the greater depth to basement. This conductor trend will also be tested by the planned drill program A third Megatem(r) conductor 14 km west of the first group of anomalies is poorly defined, probably due to greater basement depths in the 400 metre range. It is associated with a loose cluster of anomalous uranium values only, and kaolinite-bearing samples. It will require confirmation with a time-domain ground EM survey before being classed as a drill target.







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