Don Lake Uranium Project - Uranium City, Saskatchewan, Canada
OTC:BB Symbol: EAVR
Berlin WKN Number: A0M9U0
BELLINGHAM, WA, Aug. 20 /PRNewswire-FirstCall/ - Endeavor Explorations Inc. (EAVR) is pleased to announce that EAVR has been granted all the necessary permits to commence its previously announced diamond drilling in the Don Lake Uranium project (see news release dated June 18, 2008).
The permits include Forestry Product Permit allowing immediate road rehabilitation to the drill sites, Aquatic Habitat Protection Permit for protection of the indigenous fish population and the Exploration Permit for EAVR's twin drilling program.
The Company's President, Mr. Stunder will be traveling to Uranium City to conduct a site visit to finalize manpower and equipment, as well as, finalize contracts with the drilling contractor. While in Uranium City, Mr. Stunder will travel to the EAVR's other Uranium properties (The Leonard Uranium Mine, St Michael Uranium Mine, The Cayzor Athabasca Mine, and The Smitty Mine) to determine future exploration programs for these projects.
About Endeavor Explorations Inc.
Endeavor Explorations Inc. is a publicly trading junior resource exploration and development company, focused on its Uranium Properties near Uranium City, Saskatchewan, Canada. Seven former producing Uranium Mines are located on the Company land holdings. These former producing mines were closed abruptly in the 1960's due to depressed uranium prices which management believes is not the case today or the foreseeable future. These high potential properties and experienced management will help to position this Company for success.
EAVR continues to aggressively advance its portfolio of Athabasca region uranium exploration projects. This area accounts for approximately 25 per cent of the world's annual mine production of uranium. All of this production comes from unconformity-style uranium ore deposits - the highest-grade uranium ore deposits in the world.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's mineralized uranium materials, timing of receipt of mining permits, production capacity of mining operations planned for properties in planned dates for commencement of production at such properties, revenue, cash generation and profits are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits from regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No Stock Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of this release.
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