AGRICOLA RESOURCES - NEWS RELEASE 22nd June 2005

INITIAL RADON SURVEY COMPLETED

London: 2 June 2005 - The directors of Agricola Resources plc ("Agricola") are pleased to announce that the initial radon survey over the area adjacent to the Paukkajanvaara mine in Finland has been completed. The sensor cups from the survey have been sent to Radonlab in Oslo, Norway for reading (www.radonlab.no). The results will be returned to Agricola in early July. The objective of the survey is to pinpoint new targets and mine extensions for an early drilling campaign in the area. Scintillometer surveys at the same time as the radon survey located seven boulders with high grades of uranium. The boulders contained abundant yellowish uranophane and pitchblende. Photographs of the boulders are shown below. Discussions about a joint venture on the licences in Finland are on going. Finland, Kauhee claim Boulders from the Paukkajanvaara mine area Fig. 1. Uranium rich boulder no. 05 001. Strongly altered orthoquartzite with abundant yellowish uranophane and secondary iron oxide at surface. Original size 25 x 25 x 20 cm Fig. 2. Uranium rich boulder no. 05 002. Strongly altered ortoquartzite with abundant yellowish uranophane an ironoxide staining at surface. Original size 35 x 30 x 20 cm Fig. 3. Uranium rich boulder no. 05 005. Altered dolerite with contact to orthoquartzitic zone with pitchblende and greywhite secondary uranium mineral at surface. Original boulder size 20 x 15 x 8 cm Fig. 4. Uranium rich boulder no. 05 006. Strongly altered orthoquartzite with yellowish uranophane and abundant ironoxide staining at surface. Original boulder size 30x30x25 cm The directors of Agricola Resources plc accept responsibility for the content of this announcement. For further information contact; Dr. Robert Young Agricola Resources plc Tel: +44 (0)1353 649 701   Email this Page