Hathor Exploration Limited - Russell Lake 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

Russell Lake 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

Hathor has a 100% interest in his large property (26,745 hectares (66,087 acres)) located in the heart of the Athabasca Uranium Corridor. Bordered to the west by Denison's Wheeler River property, Russell Lake is only 12 kilometres south of McArthur River, the world's largest uranium mine.

Russell Lake Property, 2008

Aerial View of Russell Lake Camp, February 2008