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Resource World - July 2013 - Vol 11 Iss 7 - Complimentary Edition

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At Rook 1, a ground gravity survey has been carried out and a resistivity survey is planned. Other geophysical surveys are planned for Rook 1, Bishop 1 and 2 and Meanwell Lake. See Forum Uranium item for more information. Powertech Uranium Corp. [PWETSX] has uranium land holdings covering over 60,000 acres in the Western US that include the Dewey-Burdock uranium deposit in South Dakota, the Centennial Project in Colorado and the Dewey Terrace and Aladdin projects in Wyoming. The Centennial and Dewey-Burdock projects are at an advanced stage. Purepoint Uranium Group Inc. [PTUTSXV] has completed the winter exploration program at the Hook Lake joint venture project in the Athabasca Basin. The program focused on the Patterson Lake corridor which is the same conductive trend along which the Fission/Alpha joint venture has intersected high-grade uranium mineralization. Purepoint has nine uranium projects in the Athabasca Basin. Skyharbour Resources Ltd. [SYHTSXV] is conducting an exploration program at its Patterson Lake uranium prospects in the western Athabasca Basin. The company recently signed two option agreements for its Athabasca property package wherein Lucky Strike Resources Ltd. [LKY-TSXV] and Noka Resources Inc. [NX-TSXV] each have options to earn a 25% interest into seven uranium properties. Skyharbour has formed a joint venture syndicate with Lucky Strike, Noka and Athabasca Nuclear to explore the Patterson Lake area. U3O8 Corp. [UWE-TSXV] has defined NI 43-101 compliant uranium resources in Colombia, Argentina and Guyana, including positive initial metallurgical results from each of the projects. In Argentina, the Laguna Salada Project is a near surface, freedigging uranium, vanadium deposit that is potentially amenable to low-cost mining. UEX Corp. [UEX-TSX] is involved in 17 uranium projects, either 100%-owned or joint ventured, totaling 264,363 hectares located in the eastern, western and northern perimeters of the Athabasca Basin. The company reports that the updated uranium resource estimate for the four Shea 12 www.resourceworld.com JULY 2013

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