Wave Uranium Commences 2008 Fieldwork on Grand County Properties
LAS VEGAS (Business Wire EON/PRWEB ) July 8, 2008 --
Wave Uranium (OTCBB:WAVU) today announced it has commenced 2008 field
work on its Grand County, Utah properties.
The objectives of this spring’s field work
include mapping sandstone-to-shale ratios in the basal Chinle Formation
and paleochannel directions in both the basal Chinle and Black Ledge
sandstone (informal nomenclature) within its claims.
Results of the mapping will be used to guide a drilling program later
this year. Wave holds 1237 mining claims and several thousand acres of
State leases in the inter-river district of Grand County, Utah.
About Wave Uranium:
Wave Uranium is a Las Vegas, Nevada based exploration and development
uranium company. The Company is actively acquiring world class uranium
properties in prolific mining areas in North America.
Wave Uranium has assembled a team of geologists and directors with
proven track records in areas of mineral exploration, mining programs
and accessing global capital markets.
Safe Harbor: Except for the historical information contained
herein, the matters set forth in this press release, including
the description of the Company and its product offerings, are
forward-looking statements within the meaning of the "safe harbor"
provision of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties that
may cause actual results to differ materially, including the historical
volatility and low trading volume of our stock, the risk and
uncertainties inherent in the early stages of growth companies, the
Company's need to raise substantial additional capital to proceed with
its business, risks associated with competitors, and other risks
detailed from time to time in the Company's most recent filings with the
Securities and Exchange Commission. These forward-looking statements
speak only as of the date hereof. The Company disclaims any intent or
obligation to update these forward-looking statements.
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