RUHUHU

IBI Corporation, today issued a regional geological perspective report related to the company’s Ruhuhu Tanzania property on which the company is exploring for uranium. The Ruhuhu leases of IBI Corporation Limited cover both Achaean basement rocks and much younger Karoo sedimentary sequences of late Permian age located within the faultbounded Ruhuhu Basin of SW Tanzania.

IBI Corporation announces final closing on the company’s Definitive Option Agreement, with Trimark Explorations Ltd. regarding Trimark’s Ruhuhu Uranium property in Tanzania.

Trench sampling update. In total, 82 trench samples (previously reported February 23rd, 2009 as 120 samples, as originally estimated), including 3 standards, 3 blanks and 2 duplicates, have been submitted by GFT to ALS Chemex Lab for analysis. Results of multi-element analysis utilizing Inductivity Coupled Plasmid Mass Spectrometry will be used to help guide further ground investigation, including ground spectrometry, trenching and mapping.