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[QUOTE]Originally posted by joeyisthebest: [QB] United Carina Resources Corp. Quick Quote: UCA 0.46 (-0.02) Acquires an Option to Earn a 100% Interest in Two Claim Blocks 11/9/04 in Northern Saskatchewan United Carina Resources Corp. is pleased to announce that it has acquired, subject to TSX Venture Exchange acceptance, an option to earn a 100% interest in two claim blocks in northern Saskatchewan. The claims are located midway between Cameco's Rabbit Lake mine and the recent discovery at the Moore Lake property of JNR Resources Inc. The claims comprise a total of 18,273 acres and are located along the eastern edge of the Athabasca Basin, which hosts the world's largest and most prolific uranium deposits, including Cigar Lake, McArthur River, McLean Lake, and Rabbit Lake. The property is underlain by metasediments of the Wollaston Group. Several conductors have been identified historically on the property, accompanied by anomalous uranium and pathfinder geochemistry. The Company is currently reviewing data and is planning an exploration program for the property. The option on the claims calls for a $20,000 payment and the issuance of 100,000 shares of United Carina Resources Corp. during the first year and the same during the second year. At the end of the second year, the Company will have earned a 100% interest in the property. Mr. Dave Billard, of Saskatoon, Saskatchewan, will be the Qualified Person for this project. ON BEHALF OF THE BOARD Rick Walker, President Capitalization Report for United Carina Resources Corp Shares Issued: 18158102 Shares Escrow: 42188 CONTACT: TEL: (306) 664-3828 United Carina Resources Corp. FAX: (306) 244-0042 [/QB][/QUOTE]
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