Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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Message: NR- Lots more upside

in the gold space some use the rule of thumb that for a decent drill result, the product of the length (in meters) X the intercept (in grams) exceeds 100 (ie. 10m of 10g/t or 25m of 4 g/t).

7.75% U308 is equivalent to 189 g/t of gold (at U308 $50/pound and Au $1350/oz)

189g/t X 63.5m= 12,000!

not too shabby...

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