asx announcement

Fast Scout looking at three additional uranium tenements

09:50, Tuesday, 11 October 2005

Sydney - Tuesday - October 11: (RWE Aust Business News) - Fast
Scout Ltd (ASX:FSL) has now secured three additional tenement
applications in Western Australia prospective for uranium, including
applications that cover ground previously explored by AGIP Nucleare
(Australia) Pty Ltd (AGIP), where 0.14pc uranium or equivalent of
0.16pc uranium oxide as uraninite in a diamond drill hole was discovered
by AGIP in the 1970s.
Fast Scout also said the due diligence, the subject of its market
announcement dated 20 September 2005, is continuing.
Part of such due diligence has included further examination of
various tenements prospective for uranium mineralisation proposed to be
acquired under the agreement with Hume Mining NL.
These tenements are the Mt James Exploration Licence application
ELA 09/1253 in the Gascoyne region and the Canning Well Exploration
Licence EL 46/629 and Little Sandy Desert Exploration Licence application
ELA 46/585 in the East Pilbara region.