drill results!!

The Plumbush Prospect is located less than 5km south of the Blackbush Prospect (Figure 1) within the
Mullaquana Uranium Project, in a similar geological setting. The company has now drilled 16 rotary
mud drill holes along two east-west traverses and a third traverse is in progress (Figure 2). Results to
date are extremely encouraging with well mineralised holes indicating a footprint of mineralisation
within the Plumbush Prospect extending across an area of approximately 2.0 km east-west and 1.5
north-south the system is predominantly closed off to the north but remains open to the south into
the Joint Venture ground. Drilling highlights include:
MRM109: 8.3m @ 142ppm eU3O8
o Grade Thickness (GT) = 0.118m% eU3O8
MRM111: 3.0m @ 474ppm eU3O8 including 2.1m @ 614ppm eU3O8.
o Grade Thickness = 0.142m% eU3O8
MRM115: 2.6m @ 488ppm eU3O8
o Grade Thickness = 0.127m% eU3O8
MRM116: 5.8m @ 246ppm e U3O8
o Grade Thickness = 0.143m% eU3O8
MRM098: 12.9m @ 294ppm eU3O8 including 5m @ 581ppm eU3O8
o Grade Thickness = 0.380m% eU3O8 (Previously reported, 20 August 2009)
Drillhole details are provided in Table 1
The results from Plumbush Prospect continue to validate the uranium potential in this unexplored
region and offer strong encouragement for further drilling. The drill crew will break for the summer
season with drilling recommencing late January/February. Drilling in the New Year will continuing
along the southern boundary of the UraniumSA tenement and extend south into the Stellar Resources
Limited Joint Venture ground, EL4242.