Hathor Exploration Limited

Published : April 16th, 2008

CLAIM INSPECTION CONFIRMS THAT THE ROUGHRIDER ZONE IS ENTIRELY ON HATHOR’S GROUND

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CLAIM INSPECTION CONFIRMS THAT THE ROUGHRIDER ZONE IS ENTIRELY ON HATHOR’S GROUND

 

Hathor Exploration Limited (HAT–TSX.V) is pleased to report that it has received the Field Inspection Report from the Saskatchewan Government’s Ministry of Energy and Resources with respect to Hathor’s 90%-owned Midwest NorthEast Property located in the Athabasca Basin region of northern Saskatchewan.  Terra Ventures Inc. (TAS–TSX.V) owns a 10-per-cent production carried interest in the Midwest Northeast property.

 

The report confirms that:

 

  • The recently discovered Roughrider Zone uranium mineralization occurs completely within Hathor’s original Midwest NE claim (Disposition S-107243);

 

  • The location of claim posts in the field determines claim boundaries and the closing times for staking determines priority of claims;

 

  • Hathor’s Disposition S-107243 has priority over the nearest claims held by Fission Energy Corp. (“Fission”);

 

  • Hathor’s recent staking has successfully acquired 100% of the “open ground” fractions between Hathor’s original property and claims held by Fission; and

 

  • Fission’s recent attempt to stake fractional open ground was rejected because Hathor’s staking had priority.

 

Hathor considers the report as vindication of its unwavering position that its recent Roughrider Zone discovery is securely within the Midwest NE property boundaries, and is pleased to report that it has now further buttressed its property position by successfully acquiring all of the open ground in the area.

 

 

For more information on Hathor, please visit the company's website: www.hathor.ca or contact Stephen Stanley at 604-684-6707 or Tony Nunziata, Investor Relations, at 403-560-7040.

 

Hathor Exploration Limited

Stephen G. Stanley, Director

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

 

 

Cheers,

 

Natasha Dutra, Office Manager

Hathor Exploration Limited

Suite 1910 - 925 West Georgia St.

Vancouver, BC V6C 3L2

T 604-684-6707

F 604-684-9277

 

www.hathor.ca

 

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Hathor Expl. is a silver and gold exploration company based in Canada.

Hathor Expl. holds various exploration projects in Canada.

Its main exploration properties are ELSIAR (LCR), RUSSELL LAKE, CARSWELL, OLD FORT BAY, VEDETTE LAKE, MILIKEN CREEK, HATCHET LAKE / NORTH HATCHET, HORNBY BAY, RUSSELL SOUTH, MIDWEST NORHTEAST, HENDAY, WOLLASTON NE, RUSSEL LAKE URANIUM and ABO (HARRISON) in Canada.

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