QUEST URANIUM CORPORATION

Quest Uranium reported that a new rare earth discovery has been made on its Misery Lake property. A total of 73 grab samples were collected at Misery which ranged from trace to 8.56% Total Rare Earth oxides (TREO). Values of up to 8.56 % TREO with 42.3 % Fe2O3, 4.85 % TiO2, 7.12 % P2O5, 2.72 % Nb2O5 and 3.05 % ZrO2 were returned from grab sampling of bedrock and locally-derived boulders. Individual rare earth analyses returned up to 1.38% Nd2O3, 1.57% Y2O3, 0.41% Pr2O3, 0.144% Dy2O3, 0.15% Gd2O3 and 0.24% Yb2O3. Values in excess of 0.97% TREO represent 40% of the total samples collected on the property. Mineralization is associated with magnetite-rich magmatic segregation layers and zones of iron-enrichment within the peripheral intrusive phase of the Misery Lake intrusive complex.