Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), CirTran Corporation (OTC BB:CIRC) , SpaceDev, Inc. (OTC BB:SPDV) , Nitro Petroleum, Inc (OTC BB:NTRO) , Voyant International Corporation (OTC BB:VOYT)
Featured Stock: Bancroft Uranium Inc
(OTC BB: BCFT)
Current Price (0.95)
http://www.smallcapstockanalyst.com/
Bancroft Uranium Initial Drilling Results, Monmouth Uranium Project
Scottsdale AZ, May 29, 2008 ---- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today is pleased to announce the first drilling results from the Spring 2008 surface drill program being conducted at the Monmouth Uranium Project, near Bancroft Ontario. Noteworthy assay results from the first 13 holes are outlined below.
The 2008 Exploration Phase 1 drill program commenced on February 25th and was designed to focus on areas in and around the historical drill results from the 1969 program bringing it into modern N.I. Policy 43-101 compliance, a recognized world mining standard. The drilling is also designed to extend the known strike length of the skarn which hosts the uranium mineralization with the aim of expanding the current estimated 1,800,000 lbs U3O8 potential at Monmouth.
Initial drill assays and intervals are from holes drilled from the most southwesterly exposure of the host rock skarn (altered limestone) and are spaced approximately 100 feet apart. Significant results are as follows. Assays are noted as lb representing lbs/ton U3O8 over feet:
08-1 0.803 lb/12.5’ from 55.3 to 67.8 feet in skarn, 0.344 lb/30.5’from 182.1 to 212.6 feet in pegmatite and 0.805 lb/13.8’ from 276.2 to 290.0 feet in skarn including 1.02 lb/9.3’ from 280.7-290.0 feet. Visible uraninite was noted
08-5 0.139 lb/34.8’ from 235.6 to 270.4 feet in pegmatite
08-6 0.466 lb/10.0’ from 16.0 to 26.0 feet in pegmatite
08-7 0.291 lb/7.9’ from 44.0 to 51.9 feet in skarn with visible uraninite
08-8 0.540 lb/60.6’ from 15.0 to 75.6 feet in skarn
08-9 0.596 lb/51.9’ from 31.0 to 82.9 feet including 0.315 lb/14.9’ from 31.0 to 45.9 feet and 0.923 lb/24.5’ from 51.0 to 82.9 feet with visible uraninite, molybdenum
08-10 0.740 lb/52.2’ from 12.8 to 65.0 feet including: 0.915 lb/32.0’ from 12.8 to 44.8 feet and 0.616 lb/15.0’ from 50.0 to 65.0 feet in skarn with visible uraninite
08-12 0.513 lb/49.9’ from 6.3 to 56.2 feet in skarn with visible uraninite noted
08-13A 0.332 lb/25.1’from 9.3 to 34.4 feet with visible uraninite noted
The above holes represent testing across the initial 300 feet of historical strike length which totals 1,500 feet. Early results have verified the location, thickness and flat lying geometry of the uranium bearing skarn system intersected in the historical drilling. U3O8 assays have been returned from both uraninite bearing bright orange-colored calcite alteration in the skarn and from several pegmatite bodies in and adjacent to the skarn package. Initial assay results from the skarn rocks appear to validate the historical data. As drill holes progress through the central portion of the deposit, the historical intersected thicknesses of the uranium bearing skarn appears to increase as do grades based on limited assay data. Initial assays returned from the pegmatitic rocks are better than expected based on the historical work.
The geological modeling of the deposit is now coming into focus with the alteration zone rock package dipping at a fairly consistent 25-30 degrees, amenable to a potential open pit scenario.
All of Bancroft Uranium’s exploration programs are designed and supervised by Qualified Persons (“QP”) under the N.I. Policy 43-101, who ensure that programs are carried out using current industry “Best Practices”. The spring 2008 drilling program was supervised by Murray McGill P.Geo (QP). The NQ size core was logged by Mr. McGill and split on-site. Half core samples were analyzed using standard Delayed Neutron Counting (DNC) methods by Activation Laboratories in Ancaster, Ontario. Activation Laboratories employs rigorous in-house QA/QC procedures in the DNC process.
Bancroft will release a second series of drill results shortly.
For inquiries from the public and media concerning the Monmouth Uranium Project please contact Greenspirit Strategies at 1-877-54 GREEN or 1-877-544-7336. For shareholder and investor information please contact investor relations at 1-866-860-2995
ABOUT BANCROFT URANIUM INC. (OTCBB: BCFT)
Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft’s initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our uranium properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Bancroft Uranium Inc.
- - - - - - - - - - - - - - - - - -
P. L. Hammond, C.A.
President and Chief Executive Officer
To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at www.bancrofturanium.com.
Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995
Source: Bancroft Uranium Inc.
For an in-depth analyst report, please visit: http://www.smallcapstockanalyst.com/
CirTran Corporation
(OTC BB:CIRC)
Current Price (0.007)
www.SmallCapStockAnalyst.com
SALT LAKE CITY--May 27--The Evander Holyfield Real Deal Grill™, the new electric indoor/outdoor grill endorsed by the former world heavyweight champion and manufactured by CirTran Corporation (OTCBB: CIRC - News) (www.cirtran.com), will soon be available worldwide through a new global marketing agreement announced today. Founded in 1993, CirTran Corporation (OTCBB: CIRT - News, www.CirTran.com - News) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 9001:2000-certified, non-captive 40,000-square-foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology (www.racore.com), founded in 1983 and reorganized as Racore Technology Corporation in 1997. Continuing to grow, in 2004 CirTran formed CirTran-Asia as a high-volume manufacturing arm and wholly owned subsidiary with its principal office in ShenZhen, China. Today, CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment, and household products manufacturing, focusing on the multi-billion-dollar direct response industry.
SpaceDev, Inc.
(OTC BB:SPDV)
Current Price (0.62)
www.SmallCapStockAnalyst.com
POWAY, CA----May 27, 2008 -- SpaceDev, Inc. (OTC BB:SPDV.OB - News) announced today that it provided a wide array of hardware and instruments for the Phoenix Lander that successfully landed on Mars' north arctic plane Sunday, May 25th at 4:53 pm PDT. SpaceDev mechanical systems on the spacecraft included 16 devices supporting the Microscopy, Electrochemistry and Conductivity Analyzer (MECA) instrument, eight actuators on the Thermal Evolved Gas Analyzer (TEGA) instrument, two actuators deploying the solar arrays, two actuators pointing the Stereo Surface Imager (SSI) camera, and three actuators on the robotic arm. All in all, more than 30 SpaceDev devices are now on the surface of Mars supporting the Phoenix spacecraft. SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information please visit www.spacedev.com.
Nitro Petroleum, Inc
(OTC BB:NTRO)
Current Price (0.27)
www.SmallCapStockAnalyst.com
OKLAHOMA CITY, OKLAHOMA---May 27, 2008 -- Nitro Petroleum, Inc (OTC BB:NTRO.OB - News) -Nitro Petroleum, Inc. reports today that Scott Drilling Company moved the drilling Rig to the Quinlan Well # 3: Nitro is the Operator of the entire Quinlan project. Nitro's objective is to seek out and develop opportunities in the Oil and Natural Gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. Nitro is confident that these viable opportunities exist in a sector that holds long-term fundamental strength. Nitro intends to exploit energy exploration opportunities through various partnerships available throughout the Southern United States and in doing so build significant Oil and Natural Gas reserves and capital appreciation to its shareholders.
Voyant International Corporation
(OTC BB:VOYT)
Current Price (0.19)
www.SmallCapStockAnalyst.com
SAN FRANCISCO, CA and MOUNTAIN VIEW, CA----May 27, 2008 -- RocketStream, Inc., a subsidiary of Voyant International Corporation (OTC BB:VOYT.OB - News) and a leading provider of digital content delivery acceleration over high-bandwidth IP networks, announced today that it has been selected to power the world's largest provider of syndicated consumer research to the telecom and mobile media markets. Nielsen Mobile will use the RocketStream(TM) data transfer acceleration software suite to transport its vast amount of mobile network quality data among measurement vehicles in the field and corporate data centers. Voyant is a media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich our digital world. The company works with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer. More information can be found at www.voyant.net. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, news alerts and other pertinent information, please register at www.voyant.net/investorpass.
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