Mongolian Resource Play

[Tackler]

Western Prospector acquires Mongolian uranium prospect

2004-09-21 13:16 ET - News Release

Mr. John Brock reports

WESTERN PROSPECTOR ACQUIRES URANIUM PROJECT IN MONGOLIA

Western Prospector Group Ltd. has reached agreements in principle for the acquisition of exploration licences within the Saddle Hills uranium basin, located in eastern Mongolia. The exploration licences total more than 500 square kilometres and cover known deposits and ground that holds potential for the discovery of additional deposits.

The management of Western Prospector is currently in Mongolia and will provide further information regarding this corporate development upon its return to Vancouver next week.

In addition to the Saddle Hills uranium project, Western Prospector has initiated an exploration program on the Yalbag gold project and continues to finance a program of mineral project acquisition and exploration in Mongolia.