AllPennyStocks.com News: Miner Announces Doubling Of Indicated Mineral Resources On Wholly-Owned Uranium Property (RSC.TO)

MISSISSAUGA, Ontario, September 18, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Miner Announces Doubling Of Indicated Mineral Resources On Wholly-Owned Uranium Property."

Companies mentioned in this article include Strateco Resources Inc. (TSX:RSC).

Article Excerpt:

As we no longer possess the luxury of a strong economy, it's important to go back and reassess what our strengths are as Canadians, among them: the vast natural resources the country still possesses, as well as the talents to bring those resources to the surface and to market.

It was just another spark of hopeful news -- in a period when more good news was needed and being reported more frequently - when Montreal-based uranium producer Strateco Resources (TSX:RSC) said what lurked beneath the surface at its Matoush property in Quebec was richer and more prominent than the company or industry experts initially thought.

Located about 300 kilometres north of the town of Chibougamau in Quebec's Otish Mountains, Matoush, wholly-owned by RSC, was found to house 436,000 tonnes grading 0.78% uranium, containing 7.46 million pounds of the element. The results, announced in mid-September, sent the company's stock price sharply higher, as we will see.

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special_reports/061/Miner-Announces-Doubling-Of-Indicated-Mineral-Resources-On-Wholly-Owned-Uranium-Property.htm

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