11:25 AM EST - Waseco Resources Inc. : announced that an initial diamond drilling program will start on June 29th, on its Du Portage uranium claims in the Quebec Labrador Trough. The drilling is part of the $1.1-million 2009 exploration program being funded by the AREVA group. Significant surficial uranium was first reported by Waseco in 2007, following a high resolution geophysical survey. Uranium zones extending up to 4 kilometres, with widths of 500 metres to 1 kilometre, were reported, with the smallest of the six zones being approximately 800 by 400 metres in size. Several of the areas have potential for iron formation hosted gold and copper, as well as uranium. Waseco Resources Inc.
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