Hathor Exploration* (HAT : TSX-V : $1.90), Net Change: -0.02, % Change: -1.04%, Volume: 173,828
Almost done counting sheep? Over the past year, Hathor has time-after-time delivered results that most companies can only
dream of, and is now putting together a high-grade uranium project that oozes world-class potential. However, the stock
continues to hibernate. Whether it is the weak uranium price or the lingering bitter taste left from a negative analyst that has
recently bowed out, the hibernating bear that is Hathor's share price could sooner than later wake up with a roar and start
kicking butt and taking numbers. On Thursday morning, Hathor provided another update on drilling of its 90%-owned Midwest
NE project in Saskatchewan. The winter drill program is now complete with 77 holes amounting to 26,928 m drilled, of which
47 were drilled on the Roughrider zone and 30 were drilled on Roughrider East. The latest results from Roughrider infill and
expansion program are from 13 holes drilled in Area 2, the core of the zone. Drilling again successfully encountered high-grade
mineralization (based on preliminary logging) in areas previously designated as low-grade (<5% U3O8) in the initial resource
and outside of the initial resource shell. Canaccord Adams Senior Mining Analyst Eric Zaunscherb highlights two holes or
particular interest: Hole MWNE-10-209 (11.2 m of off-scale, >9,999 cps) and Hole MWNE-10-204 (6.1m of off-scale, >9,999
cps). Additionally, on March 5, Hathor released the results from the first two of six fences drilled on Roughrider East. Another
release of preliminary results is expected for the next four of six fences drilled on Roughrider East early next week. This will be
followed by a round of releases of final assays as they become available. Zaunscherb notes that two drills have been left on site
for the summer drill program, and highlights that the continuous news flow should take us right up to commencement of
summer drilling.