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Thursday, 06/03/2010 8:23:14 PM

Thursday, June 03, 2010 8:23:14 PM

Post# of 51
Coso - Uranium, Inyo County, California
Over $20 Million spent developing project
Completed technical report for project
AEF holds exploration permit from State of California for the COSO State leases
189 Federal lode mining claims totaling over 3700 acres and 2 State leases totaling 838 acres.
Up to 5.5 million pounds of reserves at an average grade of 0.07% U3O8 (not 43-101 verified)
Excellent potential of at least doubling the ore reserves
Engineered pit design containing 3.6 million pounds U3O8
Project is amenable to leach with a 90% average recovery
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