January 15, 2009 Reported update on exploration progress. Results were received for four diamond core holes (total 917 meters) and three RC holes (total 504 meters) drilled in the Central 50 prospect area. The better intersections in the 2008 drilling programme (Table 1) include 2 meters @ 0.21% U3O8 (Hole 209), 24 meters @ 0.07% U3O8 (Hole 210), 15 meters @ 0.10% U3O8 (Hole 212) and 21 meters @ 0.08% U3O8 (Hole 215). Insufficient information is available to determine the true widths represented by these intersections.
Results were received for four diamond core holes (total 620 meters) drilled to investigate the Two Gee Prospect. The four holes intersected only low grade uranium mineralisation within rhyolite, brecciated rhyolite and volcaniclastic sandstone. In addition, two RC holes (total 198 meters), drilled to test a radiometric anomaly east of the Apollo Fault Structure, failed to intersect anything of economic significance
December 4, 2007 Announced an updated on the Georgetown project, where 35 RC holes totaling 4,194m were drilled. Results included 19m @ 0.21% Mo from 162m hole depth in Hole 9257, 22m @ 0.34% Mo from 99m in Hole 9262, and 4m @ 0.28% Mo from 129m in Hole 9265. Also drilling of a zone of elevated molybdenum immediately south of the resource intersected 4m @ 0.11% Mo from 25m hole depth in Hole 9251, and 7m @ 0.19% Mo from 46m in Hole 9253.