Athabasca Uranium Drilling Begins

·         Drilling to target mineralized zones at Darby-Candle and Gumboot

·         Drilling also resumes at Dome Property, Namibia

Pitchstone Exploration Ltd. (TSX-V: PXP; “Pitchstone”) has initiated its 2009 winter drilling program in the eastern Athabasca Basin.  Uranium targets on the Candle, Darby and Gumboot properties will be drilled.  The work will primarily follow up on mineralization discovered at the 97G zone on Candle (1.91% U₃O₈ over 0.5 m; May 21, 2008 News Release) and a 40 meter zone of moderate to intense alteration and fracturing with intervals of strong radioactivity intersected in drill hole GB-04 on Gumboot (Sept. 8, 2008 News Release). 

Bryson Drilling Ltd. and Pitchstone personnel mobilized to the site early in January and drilling has commenced.  The winter program will total approximately 6,000 meters of diamond drilling.  Pitchstone has sufficient cash on hand for significant exploration throughout 2009 and 2010.

Also, drilling has resumed on the Dome property in Namibia.   The initial focus on Dome is a Rössing style, granite-hosted, uranium target.

Steve Blower, P.Geo., President of Pitchstone, is the Qualified Person for the purposes of NI 43-101 with respect to the technical information in this news release. 

Pitchstone is well funded and actively exploring for uranium in four proven districts. The property portfolio features ten projects in the eastern Athabasca Basin, Saskatchewan, five of which are joint ventured with Uranium One and five being 100% owned.  In addition, there are four joint venture projects with Triex in the Hornby Bay Basin, Nunavut, an exploration partnership with Cameco and Motapa Diamonds in the Franceville Basin, Gabon, and an option on two projects in Namibia.  Pitchstone has a unique group of geologists with extensive uranium exploration and production experience.

On behalf of the Board,

E.A.G. (Ted) Trueman, CEO & Chairman

For further information contact Claire Stewart at 604 630 5563, Mark Brown, CFO, at 604 687 3520, or visit  www.pitchstone.net.

 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.  This news release may contain assumptions, estimates, and other forward-looking statements regarding future events.  Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond Pitchstone’s control, that may cause actual results or performance to differ materially from those currently anticipated in such statements.