Declan identified in uranium properties Gibbons Creek numerous drill targets

9. January 2014

Vancouver, British Columbia – Declan Resources Inc. ("Declan" or the "Company") (TSX-V: LAN) und sein Optionspartner Lakeland Resources Inc. (TSX-V: LK) (ESF: 6LL) („Lakeland“) information on the current status of work on uranium project Gibbons Creek („Gibbons Creek“). The project site is located on the northern edge of the Athabasca Basin in Saskatchewan.

Main Results

• Successful completion of a RadonEx ™-ground measurement at Gibbons Creek at the maximum value of 9,93 pCi/m2/Sek. (this value is considered to be one of the highest values ​​RadonEx, which were previously recorded in the Athabasca Basin).

• Bodenschürfungen and sampling confirm the presence of a historic area of ​​radioactive boulders in the concession area Gibbons Creek. As part of the results of eight boulders with uranium values ​​were 1,0 % U3O8 bzw. up to 4,28 % Determined U3O8.

• Successful completion of a DC resistance measurement with around 38 Kilometer Long. Robust resistance trends correlate largely with historical alterations or mineralization.

"We are pleased, to present these results today. They confirm the potential for significant uranium discovery in the field of uranium properties Gibbons Creek. Of particular interest is the extremely high radon levels are, which were identified in the RadonEx measurement. As far as we know, is it here to the highest values, have ever been detected in the Athabasca Basin ", erklärt Wayne Tisdale, President und CEO von Declan Resources Inc.

Gibbons Creek is composed of five contiguous claims, together an area of 12.771 Occupy acres and less than 3 Kilometers away from the settlement Stony Rapids. The property is contiguous to the Black Lake project, jointly by Uracan Resources Ltd.. UEX Corporation and is operated. The property Gibbons Creek includes a share in Lakeland 35.463 Hectare concession Riou Lake and is located in an area, on the Lakeland previously concentrated his field work.

Declan has the opportunity, to 70 % to participate in the uranium project Gibbons Creek. For this the company has a total of over a period of four years 6.500.000 $ invest in several stages of exploration. In addition, a cash amount of 1.500.000 $ as well as the emission of 11.000.000 Shares required.


Lakeland asked the company RadonEx Ltd.., with the EIC process (Ionisation chamber) Patterson Lake South has been very successful in the discovery of uranium deposits, with the implementation of radon measurements in the concession area Gibbons Creek. There were a total of 592 Samples taken from the concession area Gibbons Creek, where the focus was mainly on an area with historic drilling and other prospective uranium targets. The measurement was performed along 200 Meters apart lines, in 50 Meter intervals, samples were taken. In the context of the measurement could be a maximum of 9,93 pCi/m2/Sek. be achieved; Nine samples were above a value of 3,2, the background value was 1,3. The maximum value of radon measurement coincided with a historically defined uranium-in-soil anomaly. With the results of one hand were current drill targets, selected on the basis of historical results, confirmed and on the other hand new high-level objectives are defined.

It should take place as soon as possible a further radon measurement, to these positive results further expand.

Trenching and sampling

Die Explorationsexperten von Dahrouge Geological Consulting Ltd. the defined zone in the past were able to demonstrate with radioactive boulders in the concession area Gibbons Creek. At that time, Eldorado Nuclear chunks found in sandstone uranium values ​​of up to 4,9 % U3O8.

As part of the recent explorations an area of ​​about was. 1,2 km x 1,0 delineated km Size, in which there were radioactive boulders. During the investigation, eight boulders were found in sandstone, the uranium values 1,0 % U3O8 had. The maximum value was 4,28 % U3O8. Additionally, 11 Samples with a uranium content of more than 0,2 % U3O8 identified. The remaining 9 Felsblöcke, which were identified in the sampling in the said zone, reported less than 0,2 % U3O8 auf. Many of the mineralized boulders containing anomalous nickel-, Arsenic, Lead- and cobalt values.

The bedrock, from which the boulders, could not be clearly identified so far. In the next exploration period glacier studies are carried out, to more accurate knowledge to win over their origin. The boulders, if one measures the longest value each, a diameter between 15 and 80 Centimeter. The altered sandstone boulders are mostly slightly edged or rounded. The relationship between sandstone blocks and bedrock is ca. 100:1, this value over the entire range of the concession fluctuations has. In the project area, two separate groups of Gletscherschliff were detected, wherein the first at an angle of approximately 235 Degree, the other in about 275 Passing grade.

Geophysical results of the soil measurement

Patterson Geophysics Inc. aus La Ronge, Saskatchewan led in the concession area Gibbons Creek a pole-dipole DC resistivity measurements on ca. 28 Kilometers through. With the data from this measurement, the extent of the alteration is in bedrock, the Eldorado Nuclear by drilling already between 1978 and 1980 was discovered, be mapped. Records, derived from historical drilling, report a "vast alteration in the bedrock of up to 72 Meter Long " (Evaluation report 74P04-0024, S. 20). According to the description is the alteration in bedrock "soft, strongly altered and with extensive hematite, Chlorit- and Toneinschlüssen interspersed ".

The determined as part of the resistance measurement data were of Livingsky Geophysics from Saskatoon, Saskatchewan evaluated. The data of the resistance measurement was processed into a 3-D model. The recording depth slice images was carried out at different levels, to so map the resistance in specific depths can. The unconformity is approximately at the north end of the measured area 70 Meters and around the southern end 120 Meter tief. At a depth of about. 100 Meters below the surface (Low cut 150 Meter a.s.l.) data show a clear running in the east-west direction trend with low resistances under 100 Ohms, correlates roughly with the historical alterations or mineralization in bedrock. This robust resistance trend is found near the surface (250 Meter a.s.l.) and extends to a depth of about. 200 Meter (50 Meter a.s.l.). Another well-defined anomaly correlates approximately with the strong radon anomalies at the northern end of the measured range. The two resistance trends are the key objectives, to be explored in the context of follow-up drilling closer.

About the Property

The property Riou Lake benefits from historical exploration work, in the above 3 Million $ were invested. Among other things 2005 on the previous owner UEX Corp.. modern geophysical measurements and also Eldorado Nuclear was active here. In addition, the project also benefits from good infrastructure, run because both power lines and roads across the Claims. Declan focuses primarily on exploring destinations like Gibbons Creek, where the distance to the unconformity is known to be low (d.h. ~50 – 250 Meter) and thus the chance of an economically meaningful exploration increases.

NI43-101 compliant publication

The technical information in this press release were prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 created. The audit was conducted on behalf of Lakeland by Neil Macallum, P.Geo., a qualified expert of Dahrouge Geological Consulting Ltd.. and Director of Lakeland, and on behalf of Declan by Garry Clark, P.Geo., a qualified expert of Clark Exploration and Consulting Inc. Director Declan von und.


All rock samples were analyzed in the laboratory by Activation Laboratories Ltd.. („Actlabs“) in Ancaster, Ontario brought. Actlabs is an ISO certified and independent of the issuer laboratory. All samples were within the ICP-MS/ICP-OES-Analyse through a part of digestion with 39 Elements and a full digestion with 49 Investigated elements. Rehearse, the one of the two outcrops a value of more than 8.000 auswiesen ppm uranium, were analyzed using the 8-U3O8 XRF method. In this method, a sample of 0,5 Grams with lithium metaborate / tetraborate fused and carried out an X-ray fluorescence analysis. The listed samples with a uranium value under 8.000 ppm were subjected to a partial digestion and the ICP-MS method. Designated samples with a uranium value over 8.000 ppm of a fluorescent X-ray analysis were subjected to. In the conversion of uranium values ​​to values ​​of the factor U3O8 1,1792 used.

All samples were performed using a 30 Gram sample weight with the help of the 1C-OES exploration method (Brandprobe) and a subsequent ICP analysis for their content of Au, Examined Pt and Pd.

Über Declan Resources Inc.

Declan Resources Inc. is an independent mineral exploration company headquartered in Vancouver, British Columbia, currently focused on exploration of mineral concession areas Nimini Hills and Baomahun in Sierra Leone and the uranium mineralization in the Athabasca Basin in Saskatchewan.

For more information, contact:
Declan Resources Inc.

Wayne Tisdale, President und CEO
T: (604) 639-4455

The TSX Venture Exchange nor its Regulation Services Provider (described in the policies of the TSX Venture Exchange Regulation Services Provider) assume no responsibility for the adequacy or accuracy of this release.

The statements in this document, are not purely historical are, are forward-looking statements and include statements, on the assumptions, Plans, Expectations or intentions regarding the future relate. Forward-looking statements contained in this press release may also include, that the RadonEx measurement is regarded as one of the highest previously recorded measurements in the Athabasca Basin; these results confirm the potential for a significant uranium deposit; all references to historical drilling reports and other positive indications of uranium deposits; that the company will carry out a further radon measurement; References to the field work the next period; and references to the depth of the unconformity in relation to an economically viable exploration.

It must be pointed out, that the Company's actual results could differ materially from those, The forward-looking statements are those expressed. Such risks and uncertainties include, among other things, economic, competition related, official, environmental and technological factors, which the operations and the markets, Could affect the company's products and prices. Among the reasons for a possible significant deviation of actual results: the misinterpretation of data material; the non-availability of required machinery and equipment or. Labor; the non-availability of financial resources to carry out the planned exploration- and development work; no issue of a Bohrlizenz; Weathering, logistical problems or hazards, that could prevent an exploration; Defects or failures in equipment and facilities; no precise or. detailed data analysis; that values ​​obtained from us or other results in certain places are not transferable to larger areas of the property; no (timely) Completion of the Environmental Impact Assessment; Market prices, do not allow commercial production at a reasonable cost; that despite the promising data situation in our concession areas not economically exploitable mineralization can be found.

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