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International Ranger Corp. Reports on Work Conducted by the Alberta Geological Survey on Its Whiskey Gap Project
2007-12-05
Successful Radon Survey Identifies Four High Priority Targets
2007-10-30
International Ranger Corp. Provides Corporate Update
2007-07-30
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Update: Foghorn-Rexspar 43-101 Complete

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     Update: Whiskey Gap Uranium Drilling Report

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International Ranger Corp.

 

International Ranger Corp. is an active Uranium Exploration Company with five uranium projects, trading on the Pink Sheets under the symbol (IRNG)

Four Corners Uranium Project:

 

The Four Corners Uranium project  which consists of 2,027 unpatented load claims covering 47,120 acres (190 square miles) located east of the San Rafael Reef mining District

 

The general geographic area of the project lies north of Interstate 70 in Emery County, Utah, about 15 miles west of the City of Green River, Utah, at the base of the San Rafael Swell and to the east of the San Rafael Reef. In the past numerous Uranium mines were worked by Atlas Corporation and others in the past to the south of the Project area.


Hot Rocks Uranium Prospect:

The Hot Rocks Uranium Prospect is located 18 miles south-southeast of the Town of Hanksville in the Orange Cliff Mining Area of the Henry Mountains mining district, in Garfield County, Utah.


The Prospect comprises 7 separate assemblages of properties in the same geologic and geographic environment, all within 10 miles of one another. The total acreage of the present claims and pending leases is 5,661 acres, or 8.85 square miles. Six of the assemblages are outside the historic Hot Rocks site.


“A report by the US Bureau of Mines, date 4, April 1974, speaking of the vicinity of the Hot Rocks site, stated: Fourteen prospects and mines    not including the Hot Rock claim group area were reported to the Utah Geological Survey in 1974.  Ten of… these areas reported what was then considered reserves, based on private exploration to include drilling,
indicating a total of 166,625 tons with an average grade of 0.2% U308 totalling over 630,000 pounds of uranium in the ground. The fourteen prospect and mines mentioned in the US Bureau of Mines report, as well as the prospects being acquired by International Ranger, are both in the Monitor Butte formation in the Orange Cliff mining area.

At the time the report was written, the properties being acquired by International Ranger had not yet been identified as containing radioactive resources”.

These reserves were estimated prior to the implementation of NI 43-101 and have not been verified by the company. 

They are quoted as historical reference. but the company believes they are relevant to the exploration potential of the project and is planning an exploration program to investigate the mineralization.


Koorsharem Uranium Prospect:

The Koorsharem Uranium Prospect consist of six mining claims located east of the Marysvale Mining District in Piute County, Utah approximately 195 miles south of Salt Lake City. The Prospect is covered with volcanic rocks, locally known as the Bullion Canyon Volcanics and contain many zones of pervious tuffs and volcanic debris.

Importantly, this area shows similarity to the zone of uraniferous rocks,
also in the Bullion Canyon Volcanics less than six miles to the west, in the
Central Mining District east of Marysvale, Utah, where Phillips uranium drilled and radiometricly logged over 190 exploratory holes between 1978-1981.

The Bullion Canyon Volcanics are found in the Marysvale Volcanics Field, and historically, these volcanics produced high-grade uranium with values ranging as high as 10% U308. The anomalous readings on the Project claims ranged from 0.03 MR/HR to 0.085 MR/HR covering large areas.

Background readings for the area average at 0.015 to 0.0185 MR/HR
(equivalent to an average grade of 0.04%  to 0.17% U3O8). These reserves were estimated prior to the implementation of NI 43-101 and have not been verified by the company. 


They are quoted as historical reference, but the company believes they are relevant to the exploration potential of the project and is planning an exploration program to investigate the mineralization.

 

Whiskey Gap Uranium Property:

The Whiskey Gap Property consists of 2 metallic mineral permits, each containing approximately an area of 36 square miles of favorable fluvial sandstone.

The Whiskey Gap property is underlain by a series of permeable fluvial sandstones of Cretaceous age similar to sandstones in Wyoming that host significant roll front Uranium deposits. Preliminary sampling of water sources defines several very strong radon and uranium anomalies,
which compare favorably with studies conducted near sandstone hosted Uranium ore bodies in South Texas and Wyoming. These water samples indicate that Uranium is present.

Extensive exploration and drilling is currently underway on the Whisky Gap uranium project in Southern Alberta. Situated along the Alberta Montana border, the easily accessible Whiskey Gap Property contains an approximate area of 36 square miles (44,400 acres) of sandstone which has the geological profile known to host sandstone style Uranium deposits.
International Ranger has expanded this immediate area of interest to over 240,000 acres with joint venture partner North American Gem.

Sandstone deposits presently constitute about 18% of current world Uranium resources. These ore bodies are commonly low to medium grade (0.05 - 0.4% U3O 8) and are small to medium in size (ranging up to a maximum of 50,000 t U3O 8). The primary uranium minerals discovered
are uraninite and coffinite. When permeable sandstone exists within such ore bodies, large conventional mining/milling operations have consistently been replaced by less expensive In Situ Leach (ISL) mining methods.


Foghorn Polymetallic Project :

Consists of 3,129.5 hectares Mineral Claims in 40 parcels of "Crown Granted Titles". The Uranium Deposit is an advanced historic property located in the Kamloops Mining Division 130 kilometres north of the city of Kamloops British Columbia and more specifically immediately south of the Village of Birch Island on the North Thompson River. The property is accessible via the main transcontinental line of the Canadian National Railway and B.C highway No. 5, both of which pass by the Village of Birch Island.

The "Rexspar" Deposit was first discovered to have fluorite in 1918 and in 1926 Smuggler Hill Development Company explored a lead/silver deposit. The Uranium deposit was discovered first in 1949 and an extensive drilling and underground workings outlined three zones of uranium mineralization of "A", "B", and "BD" or "Black Diamond" zones.

"Feasibility study on the uranium deposit was assembled by Kilborne Engineering  in May of 1977, These reports pre date NI-43-101 and therefore are not 43-101 compliant and have to be viewed
as historical information."


The 100% owned "Foghorn Polymetallic Project" consists of 7,733 acres (3,129.5 hectares) located 80 miles (130 kilometres) north of Kamloops, British Columbia. A polymetallic deposit with with rare earth values.

International Ranger intends to expand the known mineralized zones and to establish new areas of mineralization on the property.

(This is based on historical data derived from Kilborn report dated May 1977, Which is Prior to the implementation of NI 43-101)

 

Cautionary and Forward Looking Information;


No regulatory authority has approved or disapproved the information contained in this website. This website includes certain statements that may be deemed "forward-looking statements". All statements in this website, other than statement of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors should be cautious that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.