Xemplar
Energy
Just a quick
note to let you know about the Company's latest news release:
Xemplar
Intersects U3O8 Mineralization Over 22 Metres at Big
Yellow
Vancouver, British Columbia, Canada, June 29, 2009 � The Board of
Directors of Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia:
XEM) (�Xemplar� or the �Company�) is pleased to report chemical assay results
for a further nineteen drill holes from the Company�s 2008/2009 drill program
at the Big Yellow mineralized zones located at its 100% owned Warmbad Uranium
project in southern Namibia.
Simon Tam, Chief Executive Officer states �Xemplar�s 2009 drill program
continues to meet our expectations. The chemical assay results clearly
demonstrate the size potential of our mineralized zones.�
Highlights of chemical assay results from the Company�s 2008/2009 drill program
at Big Yellow West, East, and Center are shown in the ensuing three tables.
Additional assay results for all drill holes currently reported on are
available on the Company�s website www.xemplar.ca.
Big Yellow West
|
Drill Hole
|
Hole
Inclination
|
From (meters)
|
To
(meters)
|
Width (meters)
|
U3O8 Grade
(parts per million)
|
U3O8 Grade (percentage)*
|
|
RCBYW0019
|
-60
|
2
|
24
|
22
|
110.1
|
0.011%
|
|
Including
|
|
13
|
14
|
1
|
339.0
|
0.034%
|
|
|
|
100
|
107
|
7
|
129.1
|
0.013%
|
|
Including
|
|
103
|
104
|
1
|
206.2
|
0.021%
|
|
|
|
134
|
141
|
7
|
147.9
|
0.015%
|
|
Including
|
|
140
|
141
|
1
|
303.4
|
0.030%
|
|
RCBYW0020
|
-60
|
143
|
154
|
11
|
189.8
|
0.019%
|
|
Including
|
|
145
|
146
|
1
|
586.7
|
0.059%
|
|
Including
|
|
147
|
151
|
4
|
254.7
|
0.025%
|
|
RCBYW0021
|
-90
|
76
|
87
|
11
|
180.5
|
0.018%
|
|
Including
|
|
82
|
86
|
4
|
309.5
|
0.031%
|
|
|
|
120
|
127
|
7
|
220.4
|
0.022%
|
|
Including
|
|
121
|
122
|
1
|
447.0
|
0.045%
|
|
RCBYW0024
|
-60
|
119
|
129
|
10
|
240.1
|
0.024%
|
|
Including
|
|
121
|
123
|
2
|
469.3
|
0.047%
|
|
Including
|
|
124
|
125
|
1
|
291.1
|
0.029%
|
|
RCBYW0025
|
-60
|
55
|
67
|
12
|
168.8
|
0.017%
|
|
Including
|
|
64
|
66
|
2
|
461.8
|
0.046%
|
|
|
|
80
|
87
|
7
|
100.0
|
0.010%
|
|
|
|
134
|
139
|
5
|
137.3
|
0.014%
|
|
|
|
172
|
177
|
5
|
101.9
|
0.010%
|
|
RCBYW0026
|
-60
|
45
|
48
|
3
|
895.5
|
0.090%
|
|
Including
|
|
45
|
46
|
1
|
1,824.5
|
0.183%
|
|
Including
|
|
46
|
47
|
1
|
766.0
|
0.077%
|
|
|
|
148
|
153
|
5
|
114.7
|
0.011%
|
|
RCBYW0027
|
-60
|
3
|
9
|
6
|
121.5
|
0.012%
|
|
|
|
25
|
38
|
13
|
152.2
|
0.015%
|
|
Including
|
|
30
|
32
|
2
|
249.0
|
0.025%
|
|
Including
|
|
34
|
35
|
1
|
213.8
|
0.021%
|
|
Including
|
|
36
|
37
|
1
|
207.8
|
0.021%
|
|
RCBYW0028
|
-60
|
67
|
76
|
9
|
101.3
|
0.010%
|
|
|
|
116
|
120
|
4
|
111.5
|
0.011%
|
|
|
|
125
|
134
|
9
|
101.5
|
0.010%
|
* Rounded to the nearest 1/1000th of
percentile.
In addition to
the above assay results reported for Big Yellow West, 40 intervals of 1 to 3
meters with grades ranging from 101.8 parts per million (PPM) (0.01%) to 337.87
PPM (0.034%) were also noted.
RCBYW0026 is of particular interest, as grades of 895.5 PPM (0.090%) U3O8
over 3 meters from 45 meters to 48 meters (including 1 meter from 45 to 46
meters at 1,824.5 PPM, or 0.182% and including 1 meter from 46 meters to 47
meters at 766.0 PPM or 0.08%) was encountered.
Big
Yellow East
|
Drill Hole
|
Hole
Inclination
|
From (meters)
|
To
(meters)
|
Width (meters)
|
U3O8 Grade
(parts per million)
|
U3O8 Grade (percentage)*
|
|
RCBYE0057
|
-60
|
86
|
91
|
5
|
107.2
|
0.011%
|
|
RCBYE0060
|
-60
|
135
|
149
|
14
|
105.7
|
0.011%
|
|
RCBYE0061
|
-60
|
66
|
71
|
5
|
110.2
|
0.011%
|
|
Including
|
|
69
|
70
|
1
|
223.4
|
0.022%
|
|
|
|
126
|
133
|
7
|
181.1
|
0.018%
|
|
Including
|
|
126
|
128
|
2
|
308.4
|
0.031%
|
|
Including
|
|
130
|
132
|
2
|
212.8
|
0.021%
|
|
RCBYE0062
|
-60
|
55
|
73
|
18
|
133.3
|
0.013%
|
|
Including
|
|
56
|
63
|
7
|
203.8
|
0.020%
|
|
Including
|
|
72
|
73
|
1
|
249.4
|
0.025%
|
|
|
|
122
|
129
|
7
|
148.8
|
0.015%
|
|
Including
|
|
123
|
124
|
1
|
274.5
|
0.027%
|
* Rounded to the nearest 1/1000th of
percentile.
In addition to the above assay results reported for Big Yellow East, 14
intervals of 1 to 3 meters with grades ranging from 100.3 parts per million
(PPM) (0.01%) to 169.1 PPM (0.017%) were also noted, and available on the
Company website. This includes assay results for Hole RCBYE0059, which is not
listed in the above table, but is also available on the Company website.
Big
Yellow Center
|
Drill Hole
|
Hole
Inclination
|
From (meters)
|
To
(meters)
|
Width (meters)
|
U3O8 Grade
(parts per million)
|
U3O8 Grade (percentage)*
|
|
RCBYC0031
|
-60
|
64
|
71
|
7
|
135.1
|
0.014%
|
|
Includes
|
|
67
|
68
|
1
|
309.6
|
0.031%
|
|
RCBYC0034
|
-60
|
7
|
13
|
6
|
100.3
|
0.010%
|
|
Including
|
|
11
|
12
|
1
|
201.4
|
0.020%
|
|
|
|
139
|
148
|
9
|
105.4
|
0.011%
|
|
Including
|
|
140
|
141
|
1
|
220.2
|
0.022%
|
|
RCBYC0035
|
-60
|
115
|
120
|
5
|
232.3
|
0.023%
|
|
Including
|
|
117
|
118
|
1
|
371.8
|
0.037%
|
|
|
|
136
|
140
|
4
|
140.3
|
0.014%
|
|
RCBYC0036
|
-90
|
36
|
40
|
4
|
165.7
|
0.017%
|
|
Including
|
|
37
|
38
|
1
|
268.4
|
0.027%
|
|
|
|
138
|
146
|
8
|
108.8
|
0.011%
|
|
Including
|
|
145
|
146
|
1
|
207.4
|
0.021%
|
|
RCBYC0037
|
-60
|
38
|
44
|
6
|
123.8
|
0.012%
|
|
Including
|
|
40
|
41
|
1
|
236.6
|
0.024%
|
|
|
|
51
|
57
|
6
|
109.2
|
0.011%
|
|
|
|
66
|
71
|
5
|
105.3
|
0.011%
|
|
|
|
103
|
108
|
5
|
146.5
|
0.015%
|
|
RCBYC0038
|
-60
|
3
|
9
|
6
|
117.4
|
0.012%
|
|
|
|
15
|
23
|
8
|
129.7
|
0.013%
|
|
|
|
116
|
122
|
6
|
107.6
|
0.011%
|
|
Including
|
|
119
|
120
|
1
|
226.9
|
0.023%
|
|
|
|
154
|
159
|
5
|
158.4
|
0.016%
|
|
RCBYC0039
|
|
116
|
123
|
7
|
142.2
|
0.014%
|
|
Including
|
|
120
|
122
|
2
|
294.0
|
0.029%
|
* Rounded to the nearest 1/1000th of
percentile.
In addition to the above assay results reported for Big Yellow Center, 30
intervals of 1 to 4 meters with grades ranging from 100.0 parts per million
(PPM) (0.01%) to 631.7 PPM (0.063%) were also noted, and available on the
Company website.
Two holes of particular interest are RCBYC0038,and RCBYC0039. In addition to
the results shown in the table above, RCBYC0038 had one meter interval at 37 to
38 meters depth with grades of 412.4 PPM (0.041%) and at 103 meters to 104
meters depth with grades of 631.7 PPM (0.063%). RCBYC0039 had one meter
interval at 87 to 88 meters with grades of 523.6 PPM (0.052%).
The 2009 drill program is well underway, with definition drilling beginning at
three of the eight zones of mineralization. The objective is to begin developing
uranium resources. Exploration drilling will continue with the objective of
discovering new zones of mineralization and extending the size of the eight
zones of mineralization that have already been discovered.
In other news, Gerard A. Pallotta was elected as Director of Xemplar on May
27th, 2009 and its wholly owned Namibian subsidiary Namura Mineral Resources
(Pty) Ltd. (�Namura�) on June 4th, 2009. Peter Koep, in his desire to focus his
energy on his legal practice, elected not to run for nomination as Director and
as such, effective May 27th, 2009 is no longer a Director of Xemplar. As well,
Mr. Koep resigned as Director of Namura on June 4th, 2009. The Board wishes to
express its appreciation for Mr. Koep�s contribution during his tenure as Director
of Xemplar. Mr. Koep, who is based in Namibia, has been retained by the Company
as legal counsel and will continue to be the Trustee of Namura�s Warmbad Trust
Fund. Lastly, Mike Magrum, Xemplar�s Technical Director, was appointed as Chief
Operating Officer, formalizing his role in heading up all operational plans and
activities of the company.
Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has
approved the technical content of this news release.
On behalf of the Board of Directors,
Xemplar Energy Corp.
�Simon Tam�
Simon Tam, CEO and Director
Xemplar Energy Corp.
Disclaimer
and Cautionary Statement Regarding Forward-Looking Information
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release.
This news release shall not constitute an offer to sell or the solicitation of
an offer to buy securities in any and all jurisdictions.
All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as �seek�, �anticipate�,
�believe�, �plan�, �estimate�, �expect� and �intend� and statements that an
event or result �may�, �will�, �should�, �could� or �might� occur or be
achieved and other similar expressions. Forward-looking statements are subject
to business and economic risks and uncertainties and other factors that could
cause actual results of operations to differ materially from those contained in
the forward-looking statements. Forward-looking statements are based on
estimates and opinions of management at the date the statements are made. The
Company does not undertake any obligation to update forward-looking statements
even if circumstances or management�s estimates or opinions should change.
Investors should not place undue reliance on forward-looking statements.
Xemplar Energy
Corp. seeks safe harbor.
_____________________
Thank you for
your interest in Xemplar Energy Corp.
_____________________
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