Endeavor Uranium Applies for Drilling Permit
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
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