03:16 PM EST - Strateco Resources Inc. : reported early results from the 2012 drilling program on its wholly-owned Matoush uranium deposit. The goal of the 15,000-metre drilling program is to better define the mineralized zones discovered in 2010 and 2011, so as to increase the total resource in general and the Indicated resource in particular. Four holes have been drilled on the Matoush uranium deposit for a total of 2,522 metres. Two of these holes, drilled in early April on the southern extension of the new MT-34A lens, intersected very high grades over substantial widths. Hole MT-12-003 intersected 2.19% eU3O8over 6.7 metres and Hole MT-12-004 intersected 0.50% eU3O8over 25.5 metres, including 2.76% eU3O8over 2.8 metres. These holes were drilled within a radius of about 50 metres of Hole MT-11-032, which had intersected 0.36% U3O8 over 27.5 metres in 2011. Strateco Resources Inc.
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