announcement out

Tanzanian Drilling Completed / USA Drilling Commences

Glade Uranium - USA
Permitting and land access completed
RC drilling programme commenced on schedule on the 16th November.

Tanzania Uranium August Data Finalised
Drilling at Mtonya continues to define widespread uranium mineralisation at the Para, Henri, Moysten and Tahbilk Prospects.
First drilling at Moysten Prospect finds high grade uranium including:
3 metres at 863 ppm U3O8 from 46 metres
3 metres at 750 ppm U3O8 from 47 metres
2 metres at 355 ppm U3O8 from 32 metres
Trenching at the Grandfather Prospect shows high grade uranium over a 1.4 kilometre strike including:
1.2 metres at 7,723 ppm U3O8
1.2 metres at 2,393 ppm U3O8
1.2 metres at 4,773 ppm U3O8
Tanzanian Uranium October Programme Completed
· October drilling completed 41 holes for 2,795 metres at Para, Henri, Tahbilk and Moysten Prospects. Assays pending.
· Helicopter supported reconnaissance survey of South Selous, Mtonya, Songea and Ruhuhu Project areas completed.

Lukkacha Cu-Au - Peru
Follow-up geological mapping and geochemical sampling programme commenced on schedule on 5th November.