A total of 106 holes have been completed since the drilling program was initiated on 8 November 2010.

The scope of the program is to verify and expand the NI 43-101 historic resource of 1.5 million pounds of U3O8 as reported on 19 July 2010.

Upon completion of the phase-one program this month, the company plans to have its current NI 43-101 technical report.

It also plans to continue with additional delineation drilling, and metallurgical and other tests to confirm that the mineralization could be produced using in-situ recovery methods.