Early in the month, core drilling and ground geophysical surveying resumed on the company’s eastern Athabasca Basin properties.  Fourteen drill holes totaling 7,000 meters are planned for the winter season on three different properties; Gumboot, Johnston Lake and Marten.

The first hole of the winter season was collared at Gumboot on January 14.  Seven holes are planned at Gumboot to follow up on significant uranium, nickel and cobalt mineralization intersected in 2009.  One hole will also be drilled on the contiguous Johnston Lake property, optioned in early 2009 from Denison Mines Corp., to follow up on the results of a detailed core review and re-sampling program completed in the summer of 2009. 

Line cutting has been completed and gravity surveying has begun on the Wolverine and Marten properties, which are under option to Japan Oil, Gas and Metals National Corporation (“JOGMEC”).  Ground electromagnetic surveying and 1,200 meters of diamond drilling are also budgeted for the winter program on Marten.