The majority of these holes were drilled into the previously identified ‘main shoot’ and as expected they demonstrate a considerable increase in both thickness and grade from earlier results reported for holes outside of the main shoot area.

These positive results provide comfort that a thick high grade zone exists in this section of the A238 anomaly.

During this first phase of drilling, the company’s primary focus has been on defining the strike extent of the A238 mineralization, however the disparity in width and grade of this main shoot above that of the remainder of the anomaly is such that this shoot will likely contain the bulk of the total uranium contained within the A238 structure.

Over 7000m of RC drilling has been completed on A238, with approximately 1500m of diamond drilling expected to be completed soon.

The company has planned to assess this data and construct 3-dimensional models of the mineralized body after the completion of this drilling, so that a second phase of drilling can then undertaken in the remaining weeks of the Mauritanian field season specifically targeting the main shoot.