10:13 AM EST - Mega Uranium Ltd. : and Forum Uranium Corp. announced the completion of a geophysical program on the NW Athabasca uranium project which is under option from Cameco Corporation. The project is located along the northwest edge of the Athabasca Basin and is considered to have good potential for unconformity and basement-style uranium mineralization. The Maurice Bay deposit (with a historical resource(i) of 1.5 million pounds uranium grading 0.6% U3O8), Zone 2A, with grades of up to 5.68% over 8.5 metres and three other areas of surface mineralization show the project's potential for further discoveries. Mega Uranium Ltd.
shares V.MGA are trading down $0.015 at $0.40.
