Saturday 3 March 2012

URU Metals LSE:URU See UrAmerica Begin Extensive Drill Campaign

URU Metals LSE:URU, One of London AIM's few uranium exploration and development companies with large scale exploration stage uranium assets, is buoyed by the news UrAmerica a company that URU holds a 7.2% stake in and the largest private uranium exploration company in South America and strategic partner of Cameco, announces that it has begun a 30,000 meter drill campaign across its highly prospective uranium properties in Argentina's San Jorge Basin.

UrAmerica is looking to IPO on a major exchange over the next twelve months in a move that has potential to deliver a value realisation to URU and their shareholders.

www.urumetals.com
www.uramerica.co.uk