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Declan Resources Inc
Symbol LAN
Shares Issued 175,095,209
Close 2015-05-28 C$ 0.01
Market Cap C$ 1,750,952
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Declan runs 13.9 line km ground survey at Davidson

2015-06-02 08:18 ET - News Release

Mr. David Miller reports

DECLAN ANNOUNCES COMPLETION OF DAVIDSON RIVER WORK PROGRAM

Declan Resources Inc. has provided an update on the winter exploration program completed at the company's wholly owned Davidson River property. The property consists of five claims totalling 25,351 hectares along the southern margin of the Athabasca basin, located between 18 and 38 kilometres due west of Fission Uranium's Patterson Lake South uranium discovery and about 25 kilometres southwest of the Shea Creek uranium deposits.

Historic exploration for uranium in the greater region surrounding the property included a lake sediment survey, whereby over 300 samples were collected within the southwestern portion of the Athabasca basin and outlying basement regions in 1978. The highest uranium value detected (21 parts per million) is located on the property. The property remained unexplored until 2006 when Titan Uranium conducted a regional MEGATEM survey on a portion of the property. This survey revealed several parallel magnetic trends with associated conductive features classified as exploration corridors.

In the first quarter of 2015, Declan conducted a ground gravity survey on the property. The program covered targets whereby a total of 13.90 line kilometres (including 292 gravity stations) were surveyed over the duration of the program. The purpose of the survey was to further investigate areas with previously discovered linear magnetic trends or exploration corridors, and try to identify low gravity anomalies, which can be associated with uranium mineralization.

The gravity survey was conducted in two separate grids, roughly five kilometres apart, one located on the northern end of the property, and the second one covering a portion of the centre/southern end of the property. The gravity survey identified linear trends on each of the grids that crosscut previously identified exploration corridors. The characteristic Bougeur response on both grids is a roughly north-northeast-south-southwest-striking gradient that bisects both grids, with higher gravity on the west-northwest side and lower gravity on the east-southeast side of the grids.

On the northern grid, the crosscutting structure is at right angle to the conductor axis and is located up-ice of the highly anomalous lake sediment sample (21 parts per million uranium) recovered from previous exploration. Likewise, on the southern grid, a linear structure identified by the gravity survey, crosscuts the conductor axis and is also located near an anomalous lake sediment sample of five parts per million uranium. Follow-up exploration work will further investigate these targets, in order to define ultimate drill targets.

David Miller states: "Successful exploratory work at Davidson River continually demonstrates that the property exhibits several key elements that are fundamental to unconformity-style uranium mineralization, such as linear magnetics with conductors, crosscut structures identified by gravimetry and uranium geochemical anomalies. Declan will use the latest data in conjunction with historical work to further develop this highly prospective property."

Mr. Miller, president and chief executive officer, is a qualified person by the standards of National Instrument 43-101, has reviewed the technical data described above and approves the contents of this news release.

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