Angilak Uranium Project Geophysical Survey Successfully Increases Depth Extent at Lac 50 Deposit to >1 Km; Identifies New 25 Km Trend Associated With Historic Unconformity-Type Alteration and Mineralization With Grades Up to 5.6% U3O8 

Extends for an interpreted 31 km under the cover of the Angikuni Basin;

• Along the western margin, historic drilling by prior operators at the RIB Discovery intersected shallow mineralization (<25m depth) with grades up to 5.6% U₃O₈ ^1,2,3, hosted within graphitic pelitic rocks with Athabasca-style alteration. Two areas proximal to the Rib Discovery will have ground gravity and EM surveys completed prior to drill testing this summer;

• Inside of the basin, along the northern margin, historical trench sampling at the KU Discovery have returned grades up to 30.7% U₃O₈ ^4,5,6 - KU remains untested at depth via diamond drill, ground gravity at KU will aid in vectoring targets which will be tested early this summer;

• On the eastern margin, historical sampling of surface outcrops near the Nine-Iron Discovery have returned grades up to 30.3% U₃O₈ ^5,6 and remain untested at depth by drilling;

• Numerous similar structural targets have now been identified along this trend, extending under the cover of the Angikuni Basin; and