Toronto, Canada (ots/PRNewswire)
- Northwestern Mineral Ventures
Inc. (WKN A0B917, ISIN CA6681301074) is pleased to update its
shareholders on activities at the Firefly Project in Utah.
As announced in a press release dated January 23, 2006,
Northwestern is currently working to obtain a permit that will allow
the company's geological team to enter the past-producing Firefly
Mine. During the ongoing application process, Northwestern has been
advised that the Bureau of Land Management (BLM) is currently
conducting a study of historical mine impacts in the La Sal Creek
mineralized district. The survey will cover the entire La Sal uranium
district in San Juan County, southeastern Utah.
"Northwestern supports the actions of the BLM as it conducts its
evaluation of the area," said Kabir Ahmed, Chairman and CEO of
Northwestern. "The results from this study will help the company
further understand and evaluate the Firefly Project property. It will
also provide additional information to assist Northwestern in
determining how the company should proceed with the Firefly option
The company will provide further updates as the results of the BLM
survey become available.
Northwestern has the right to acquire up to 100% ownership of the
Firefly Project, which contains 39 mineral claims covering 315
hectares (780 acres) and includes the past-producing uranium-vanadium
Firefly and Gray Daun Mines.
Northwestern Mineral Ventures (www.northwestmineral.com
) is an
emerging international exploration company with an experienced
management team. The company is focused on properties with uranium
and silver-gold potential and currently has interests in the United
States, Canada and Mexico. Northwestern is listed on the Frankfurt
and Berlin stock exchanges under WKN A0B917 and ISIN CA6681301074.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
This news release includes certain "forward looking statements"
within the meaning of the United States Private Securities Litigation
Reform Act of 1995. Without limitation, statements regarding
potential mineralization and resources, exploration results, and
future plans and objectives of the Company are forward looking
statements that involve various degrees of risk. The following are
important factors that could cause the Company's actual results to
differ materially from those expressed or implied by such forward
looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral
exploration, risks associated with development, construction and
mining operations, the uncertainty of future profitability and the
uncertainty of access to additional capital.
ots Originaltext: Northwestern Mineral Ventures Inc.
Im Internet recherchierbar: http://www.presseportal.ch
FURTHER INFORMATION: Investor Relations, +49-(0)40-41-33-09-50,