Hathor Exploration Limited - North Russell Project

Hole 116: 2.5 Metres Grading 70.34% U3O8 Hole 94: 5.5 Metres Grading 12.62% U3O8 Hole 80: 18.5 Metres Grading 3.43% U3O8 Hole 79: 12 Metres Grading 10.18% U3O8 Hole 12: 11.9 metres grading 5.29% U3O8 Hole 19: 2.1 metres grading 4.11% U3O8 Hole 20: 15 metres grading 10.02% U3O8 including 2 metres grading 43.85% U3O8 Hole 21: 9 metres grading 10.06% U3O8 including 3 metres grading 22.72% U3O8 Hole 22: 6.5 metres grading 2.27% U3O8 Hole 28: 9.5 metres grading 2.60% U3O8 including 2 metres at 10.39% U3O8 Hole 30: 69 metres grading 2.33% U3O8 Hole 32: 6.5 metres grading 20.41% U3O8 Hole 37: 18 metres grading 4.15% U3O8 Hole 40: 23 metres grading 11.23% U3O8 Hole 42: 3.5 metres grading 5.92% U3O8 Hole 44: 13.5m grading 2.6% U3O8 Hole 56: 15 metres grading 12.03% U3O8 including 0.5 metres grading 70.7% U3O8 Hole 79: 12 Metres Grading 10.18% U3O8 Hole 80: 18.5 Metres Grading 3.43% U3O8 Hole 94: 5.5 Metres Grading 12.62% U3O8 Hole 116: 2.5 Metres Grading 70.34% U3O8

Projects

North Russell Project

Athabasca Basin Map Midwest Northeast (Roughrider) Russell Lake Project Grayling Project North Russell Project South Russell Project Henday Property Hatchet Lake and North Hatchet Projects Vedette Lake Project Milliken Creek Project Carswell Project Wollaston NorthEast Project Hornby Bay (North West Territories) Eskay Creek - MAX Minerals

The North Russell Project is situated in the Wollaston Trend, the most prospective geological domain within the Athabasca Basin for high grade uranium deposits. This trend hosts all of the current uranium mine and mill complexes in the Athabasca Basin. The claim totals 13,526 hectares (33,423 acres) and is situated approximately 15 kilometres northeast of the historic Key Lake Mine.