Hathor Exploration Limited - Roughrider Update March 2009

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

Roughrider Update March 2009

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

The following series of level (horizontal) plans, each +/- 10 metres in depth, illustrates the spatial and grade variation of uranium mineralization intersected in diamond drill holes from the Roughrider Zone as reported to date (March 17, 2009). Of particular note are:

Uranium mineralization occurs at depths of 200 to 300 metres vertically below surface;
Uranium mineralization occurs over a northeast-southwest strike length of approximately 120 metres;
Multiple zones of uranium mineralization are present;
The highest grade zone (up to 70.7% U3O8) trends northeast-southwest;
Uranium mineralization dips to the northwest;
The potential for sandstone-hosted mineralization (where the mineralized structures intersect the unconformity) is greatest in the southeast of the Roughrider Zone and this area will be tested during the current Winter-09 program;
The mineralization is still open to the northeast and the southwest, which will be drill tested during the Winter-09 program.

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