U3O8 Corp. is a Toronto-based exploration company, focused on uranium exploration and resource expansion in South America - a promising new frontier for uranium exploration and development. U3O8 Corp. has one of the most advanced portfolios of uranium projects in the region comprising NI 43-101 compliant resources in Guyana to significant historic resources in Colombia and near-resource and discovery potential in Argentina.
Additional information on U3O8 Corp., each material project and technical reports are available on the company's web site at www.u3o8corp.com and on SEDAR at www.sedar.com.
(1) Based on a cut-off grade of 0.05% U3O8, a NI 43-101 resource estimate of 5.8 million pounds indicated at an average grade of 0.10% (2.0 lbs/st) U3O8 and 1.3 million pounds inferred at an average grade of 0.09% (1.9 lbs/st) U3O8 has been reported on the Aricheng North and Aricheng South structures in the Kurupung Batholith. For further information, refer to the technical report dated January 14, 2009 titled "A Technical Review of the Aricheng North and Aricheng South Uranium Deposits in Western Guyana for U3O8 Corp. and Prometheus Resources (Guyana) Inc.", available on U3O8 Corp's web site at www.u3o8corp.com and on SEDAR at www.sedar.com.
(2) Geologically similar albitite-hosted uranium deposits worldwide including the Valhalla deposit (Australia) and Michelin deposit (Canada), typically host resources in the 50 to 130 million pound range with typical grades of 0.06% to 0.10% U3O8, within multiple mineralized structures. These deposits have not been independently verified by U3O8 Corp. and information regarding these deposits is drawn from publicly available information. Comparisons of U3O8 Corp's uranium resource and exploration targets with other uranium deposits are conceptual in nature. There is no certainty that further exploration of U3O8 Corp's uranium resource or other targets will result in the delineation of a similar mineral resource.