Six More Drill Holes Intersect Uranium Mineralization at Midwest NE Property

Further to its news release dated March 3, 2008, Hathor Exploration Limited (HAT–TSX.V) is pleased to announce gamma ray scintillometer results from an additional seven drill holes completed on its Midwest NorthEast Property, Saskatchewan, in the immediate vicinity of its discovery drill hole MWNE-08-12, which intersected uranium mineralization including 11.9 metres grading 5.29 per cent U₃O₈.

Six drill holes (MWNE-08-16 through MWNE-08-21) have extended the uranium mineralization that was intersected in hole MWNE-08-12. This area of basement-hosted mineralization is now referred to as the “Roughrider Zone”.

Natural gamma emission radiation in drill core from these holes was measured in counts per second (cps) using a hand-held Exploranium GR-110G gamma-ray scintillometer.  Individual zones (ranging from 20 cm to 2.8 metres) of highly-radioactive (5,000 cps to greater than 9,999 cps (off-scale)) mineralization were encountered within broader zones of elevated radioactivity (>500 cps), of up to 14.9 metres, in drill holes MWNE-08-16 through MWNE-08-21. Scintillometer results of >999 cps are presented below. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials.  Because of the length of time before laboratory assay results are available, Hathor uses scintillometer readings as a reliable guide for its on-going drill program.  As an example, off-scale scintillometer readings in hole MWNE-08-12 returned laboratory assay results grading as high as 40.20% U₃0₈ over a 20 cm core interval.

Drill hole MWNE-08-12 was drilled at an azimuth of  N320^oE and a dip of -70^o to a total depth of 333 metres.

Drill hole MWNE-08-16 was a vertical hole collared 79 metres at a bearing of N320^oE from drill hole MWNE-08-12 and drilled to a total depth of 416 metres.  Scintillometer results >999 cps are:

Drill hole MWNE-08-17 was a vertical hole collared 81 metres at a bearing of N306^oE of drill hole MWNE-08-12 and drilled to a total depth of 306 metres.  Scintillometer results >999 cps are:

Drill hole MWNE-08-18 was a vertical hole collared 79 metres at a bearing of N335^oE from drill hole MWNE-08-12 and drilled to a total depth of 408 metres.  Scintillometer results >999 cps are:

Drill hole MWNE-08-19 was drilled from the same collar location as MWNE-08-18, had a dip of -85^o at an azimuth of N315^oE and drilled to a total depth of 444 metres.  Scintillometer results >999 cps are:

Drill hole MWNE-08-20 was collared 167 metres at a bearing of N314^oE from drill hole MWNE-08-12. It had a dip of -70^o at an azimuth of N135^oE and was drilled to a total depth of 357 metres.  Scintillometer results >999 cps are:

Drill hole MWNE-08-21 was collared 167 metres at a bearing of N320^oE from drill hole MWNE-08-12. It had a dip of -73^o at an azimuth of N135^oE and was drilled to a total depth of 348 metres.  Scintillometer results >999 cps are:

Drill core samples from the latest holes completed in the Roughrider Zone will be submitted for assay analyses to the Geoanalytical Laboratories of the Saskatchewan Research Council (SRC), with facilities operating in accordance with ISO/IEC 17025:2005 (CAN-P-4E) general requirements for the competence of mineral testing and calibration laboratories.  No anomalous scintillometer readings were reported from hole MWNE-08-14.  Holes MWNE-08-13 and MWNE-08-15 were not drilled in the vicinity of the Roughrider Zone and did not produce anomalous scintillometer readings.

Assay results (together with mineralized intervals, geological synopses and pertinent downhole, gamma-ray radiometric probe results including eU₃O₈ grades) will be released following their receipt from the SRC. The reader is cautioned that assay results are not expected for a period of at least eight weeks from the delivery of core samples to the SRC laboratory in Saskatoon.

The current winter exploration program, utilizing two diamond drills contracted from Boart Longyear Inc., is expected to continue for another 2  weeks depending on the continuance of safe ice conditions required for drilling.

Brian Reilkoff, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

Hathor's 90-per-cent-owned Midwest Northeast project is located in northern Saskatchewan's Athabasca basin, immediately adjacent to the Midwest property of AREVA Resources Canada Inc., Denison Mines Corp. and OURD Canada Co. Ltd.  There, subject to regulatory approvals, mine site construction is slated to begin in mid-2009 and open-pit mining of a shallow orebody that grades 5.47 per cent uranium oxide is planned for early 2010.  Terra Ventures (TAS-TSX.V) owns a 10% production carried interest in the Midwest Northeast Property.

Points North Landing, a regional service centre to the region, is located about eight kilometres from Hathor's Midwest NorthEast property and the modern AREVA-operated McClean Lake uranium mill facilities are located approximately 10 kilometres to the east.

Hathor continues to aggressively advance its portfolio of 11 Athabasca region uranium exploration projects. This area accounts for approximately 25 per cent of the world's annual mine production of uranium. All of this production comes from unconformity-style uranium ore deposits, the highest-grade uranium ore deposits in the world.

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