News
TRIBUNE TERMINATES OPTION AGREEMENT TO ACQUIRE A 26% INTEREST IN LEASES COVERING SOME 34,000 HECTARES IN THE ATHABASCA BASIN, SASKATCHEWAN
February 26, 2008
Tribune Uranium Corp. (TSX-V: TCB) (Frankfurt: S8QA) (the “Company” ) (“Tribune”) announces, that it has terminated the Option Agreement with Thunder Sword Resources Inc. (THU) and 10107351 Saskatchewan Ltd. (Sask Co.) pursuant to which Tribune had the right to acquire a 26% interest in certain mineral claims covering some 34,374 hectares (the “Claims”) along the southern edge of the Athabasca Basin in Northern Saskatchewan.
The Claims areas included in the option agreement were as follows:
|
Location
Virgin Lake
Dufferin Lake - East
American/Botham Lake
TOTAL |
|
Area (ha.)
1,985 ha.
12,290 ha.
19,099 ha.
34,374 ha. |
The Company has terminated its option to acquire an interest in the Claims in order to focus its financial resources on other projects.
Tribune Uranium Corp. is a Canadian exploration company committed to the strategic acquisition of drill ready projects. Led by an experienced management team, the Company plans to aggressively explore its current portfolio of highly prospective properties. The Company headquarters are in Vancouver, BC and shares are traded on the TSX Venture Exchange (TCB) and the Frankfurt Exchange (S8QA).
To find out more about Tribune Uranium Corp., please contact Graham Harris, Chairman and CEO, at 604-662-8183 or email investor@tribuneuranium.com. You may also visit our website at www.tribuneuranium.com.
TRIBUNE URANIUM CORP.
“Graham Harris”
Graham Harris
Chairman and CEO
“The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.”
