DENVER--(Business Wire)--Endeavor Uranium (OTCBB - EDVU) announced today that is has
applied with the Colorado Division of Reclamation, Mining and Safety
to receive the necessary permit to begin drilling the Baboon Basin
properties.
Endeavor Interim CEO, Marvin Mitchell, commented by saying "We are
pleased to have submitted our application. This is the first step in
our plan to begin drilling and working the properties. The Baboon
Basin is of high importance as the claims are ready for drilling and
are in close proximately to the other projects. We look forward to
receiving the permit and to begin drilling as early as February."
In addition, the company is pleased to announce the appointment of
Professor Hans Bocker to an advisory position with the firm. Dr.
Bocker is highly regarded in the natural resources industry and he
will be of significant value to Endeavor going forward.
"We are very excited about Dr. Bocker's affiliation with our
company," said Mr. Mitchell. "He brings an immense amount of expertise
and international know-how to Endeavor, and his strong expertise
enhances our management. By representing our company in the European
market, Dr. Bocker hopes to attract commercial opportunities as well
as strengthen our visibility to investors."
About Endeavor: Endeavor Uranium was established to acquire and
develop quality uranium projects both in the United States and abroad.
The focus of the company is to seek out and selectively acquire the
most favorable deposits and advanced stage, drill-ready uranium
projects. Additional information can be found at
www.endeavoruranium.com.
Safe Harbor Statement: A number of statements contained in this
press release are forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995.
These forward-looking statements involve a number of risks and
uncertainties, including the successful consummation of the
transaction, the successful completion and integration of prospective
acquisitions, exploration activities, industry production, commodity
demand and pricing, currency exchange rates, and, but not limited to,
general economic factors. The actual results Endeavor may achieve
could differ materially from any forward-looking statements due to
such risks and uncertainties. Endeavor encourages the public to read
the information provided here in conjunction with its most recent
filings which may be viewed at www.sec.gov.
Endeavor Uranium
Marvin Mitchell, 303-357-4877
Fax 303-446-9111
info@endeavoruranium.com
Copyright Business Wire 2008
