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Makena Resources Inc
Symbol MKN
Shares Issued 128,366,783
Close 2016-08-12 C$ 0.025
Market Cap C$ 3,209,170
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Makena Resources starts drilling at Patterson

2016-08-12 07:51 ET - News Release

Ms. Negar Adam reports

MAKENA BEGINS ITS LARGEST ATHABASCA URANIUM DRILLING PROGRAM TO DATE

Makena Resources Inc. has commenced the next phase of drilling at the Patterson prospect in the southwestern Athabasca basin of Saskatchewan. Makena anticipates this next phase of drilling to consist of a minimum of three to five holes. This prospect is located in between Fission's Patterson discovery, the Pure Point discovery and NexGen Energy, which recently discovered a new high-grade zone of mineralization northeast of its Arrow deposit.

Makena has also recently acquired 4,060 hectares prospective for diamonds in the Athabasca region of Saskatchewan in the direct vicinity of the De Beers's diamond option from Canalaska Uranium Ltd.

Negar Adam, president of Makena, stated: "We are very excited to have commenced on the single-largest drill program that Makena has undertaken in many years. Makena's previous drilling on the Patterson prospect has indicated that there is anomalous uranium mineralization in the target area. We expect this drilling will vector towards a larger uranium target in the centre of a prominent gravity anomaly. With drilling now under way, we are optimistic about what this program may uncover and we look forward to potentially game-changing weeks ahead."

Makena has an option agreement with Canalaska on the Patterson prospect and looks forward to utilizing its uranium expertise on this drill program.

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