Extract from New Zealand Herald21 April 2007Those looking for...

Extract from New Zealand Herald
21 April 2007

Those looking for the next big thing in uranium mining will find plenty of minnows on the ASX but one which at least one New Zealand broker keeps a regular eye on is Glengarry Resources.

The Perth company trades at just A18c a share but it has a number of exploration properties in well-mineralised but relatively unexplored provinces of Australia including strategic land holdings adjacent to two world-class deposits - Kidston (gold) and Cannington (silver-lead-zinc).

And just this week the company announced it has been granted two exploration licences "considered highly prospective for uranium" in the northwest of Western Australia.

The licences cover the northern part of Glengarry's, 1700sq km Citadel Project 100km north of Telfer in the Paterson Province. The Paterson Province hosts the world-class Kintyre uranium deposit (36 Kt U308) currently being assessed by Rio Tinto.