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Re: EnergyGuy62 post# 2

Tuesday, 10/23/2007 5:41:23 AM

Tuesday, October 23, 2007 5:41:23 AM

Post# of 48
RPT Uranium to Drill Promising New Uranium Target
in Sibley Basin -
CCN Matthews
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 17, 2007) -

Dr. Hikmet Akin, President of RPT Uranium Corp. -
(TSX VENTURE:RPT), is pleased to announce that the Company
has commenced a 2500-metre diamond drilling program on
the Frazer Creek uranium zone on its Malborne Lake claim
block near the southeastern margin of the Sibley basin
north of Thunder Bay, Ontario.

Uranium mineralization is exposed over a 35 metre by 25 metre
area, and the first eight grab samples to be analysed
averaged 0.242% U3O8. Assays of additional samples with
higher levels of radioactivity have not yet been received.

The Frazer Creek zone has been mechanically stripped over
an area measuring 110 metres by 70 metres.
It has exposed three separate uranium-bearing zones, of
which the largest measures 35 metres in an east-west
direction, parallel to the strike of the host rocks,
by 25 metres in a north-south direction.
The zone disappears under heavy overburden to the south and
east.
It terminates abruptly at its west side against a fault,
which is believed to represent the channel that allowed
mineralizing solutions to permeate the rock.
Uranium is found on hematized fractures in an Archean
metasediment, which is the basement rock underlying
the Proterozoic age Sibley sediments that have been
removed by erosion in this area.

Preliminary analyses have been received for eight grab
samples which were analysed at Accurassay Laboratories
in Thunder Bay by ICP.
Uranium contents varied from 0.076% to 0.400% U3O8, with
an average of 0.242% U3O8. Additional samples that
exceeded Accurassay's permitted radiation levels were
sent to Loring Laboratories of Calgary for assay.
Results have not yet been received for these samples.

In addition to the Frazer Creek uranium occurrence,
stripping is continuing on two similar, newly discovered
uranium zones, 300 metres and 400 metres respectively to
the north of the Frazer Creek zone.
These other zones lie on the strike extension of the
fault that appears to control the uranium zone at
Frazer Creek.

To date, 14 separate radioactive occurrences have
been identified on the Malborne Lake claim block.
They form a 4-kilometre long trend that parallels
topographic features believed to represent fault structures.
Mineralization in the Malborne Lake area, unlike that at
the Split Rapids zone 30 kilometres to the northwest,
appears to be controlled only by structure, and is
not associated with a specific rock type.

An airborne radiometric-magnetic-electromagnetic survey of
the Malborne Lake claims and the recently staked Dorion
claim block, is currently underway.

Technical information in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., vice-president of exploration for the company and a Qualified Person as defined in NI 43-101.

ON BEHALF OF THE BOARD,

Hikmet Akin, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.


FOR FURTHER INFORMATION PLEASE CONTACT:

RPT Uranium Corp.
Ken Tangen

(604) 736-5005 ext. 235

Email: nfo@rampartventures.com


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.


Source: CCN Matthews (October 17, 2007 - 7:31 AM EDT)

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