Athabasca Basin Properties

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Pitchstone Exploration Ltd. (Pitchstone) has a 41 - 100% interest in
twelve properties, Darby, Candle, Weasel, Waterfound, Moon Lake, Lynx Lake, Fireweed, Gumboot,
Johnston Lake, Fisher, Wolverine and Marten. The properties are located in the heart of the eastern Athabasca Basin, the most productive uranium region in the world. As a result of significant consolidation in land holdings in the Athabasca Basin prior to 2003, Pitchstone was able to acquire most of these well-located, highly prospective properties by staking, most prior to the recent staking rush. |