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                  From           To         Interval               Grade
Hole                (m)          (m)              (m)        (Kg/T eU3O8)(i)
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VAL-152         179.80       236.70            56.90               0.088
Including       196.00       212.30            16.30               0.132
Including       221.70       236.30            14.60               0.124
                253.00       330.40            77.40               0.101
Including       258.60       266.10             7.50               0.198
Including       304.50       310.10             5.60               0.183
                352.80       450.10            97.30               0.140
Including       363.90       379.80            15.90               0.191
Including       382.30       388.60             6.30               0.136
Including       416.50       431.00            14.50               0.270
                491.80       499.70             7.90               0.179
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Table 1 - Selected Drilling Highlights From Diamond Drill Hole VAL-152

(i) The results in this news release are reported as equivalent U308
    ("eU308"). The Company has calculated a correlation between grade
    thickness product of gamma counts (counts per second) collected by down
    hole geophysical methods and the grade thickness product of chemical
    assays from the Company's drill hole library (otherwise known as GT Chem
    and GT Rad). That correlation has been established with over 100 GT
    intervals and is used to calculate eU308 in the percussion drill holes
    from gamma probe survey with a resulting correlation coefficient of
    0.99 (estimation of confidence level).