program 1st qtr 2012

-October 2011 :

Commenced pre feasability study to determine most appropriate methodolgy and economics of bringing the project into production.


-5 conventional uranium mines permitted in Colorado during the past 4 yrs

-Energy Corp resources has obtained virtually all permits required to build the first new conventional Uranium processing facility in the USA in the past 25yrs - in Colorado





-Hansen/Taylor Ranch Uranium Project –
Summary

- Consolidation of ownership completed.

- One of the largest uranium resources in the USA – a
country that consumes more uranium than any other
country, yet imports >85% of its uranium.

- One of the highest grade resources on the ASX.

- Thick, high grade mineralisation that is readily
amenable to mining.

- Previously permitted for mining.

- Drilling program completed to acquire additional
technical data required for a pre-feasibility study.

- Update of previous feasibility study in progress.

- High-quality development opportunity in a pro uranium
jurisdiction