Scottsdale, Arizona 8/22/2008 10:44:09 PM
News / Finance

QualityStocks News – Advanced Work at Tanzania Mining Site Underway For Uranium Hunter Corp. (URHN.OB)

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We would like to highlight Uranium Hunter Corp. (OTCBB: URHN). The company is a natural resource corporation devoted to the exploration and development of deposits of Uranium and Gold in East Africa. The company website can be found at www.UraniumHunterCorp.com.

 

In the company’s news yesterday,

 

Uranium Hunter Corp announced that ground targets have been mapped by a field crew now in place at its Ruhuhu exploration site in Tanzania. Previously a helicopter survey identified targets based on the geophysics of the land.

 

“Much has been completed to finally be at this stage of the project,” said Ghaith Qamheiah, president of Uranium Hunter, “and we are anxiously awaiting results of the field program. With the recent strengthening of the price of uranium, and the progress of our projects, we feel the future is bright for Uranium Hunter shareholders.”

 

The advanced field work at the Ruhuhu site includes systematic sampling, followed by pitting and trenching of specific targets to reveal uranium outcropping of Karoo sediments underlying the area. When they become available, the company stated that it will release the field program test results.

 

Photos from the Ruhuhu exploration site have now been posted at www.uraniumhuntercorp.com, under the “Investor Relations” tab.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.