A high grade intersection of 1mt grading 13.87% U3O8 from 230mt to 231mt is included in this interval. WAT10-063A is the second hole of the winter 2010 drill program and is the first hole to intersect the newly identified J-Zone.

The hole WAT10-063A intersected two zones where the intersections met the minimum grade of 0.05% U3O8. Both zones contained anomalous mineralization within a 29mt wide zone of alteration and elevated radioactivity from 206.5mt to 235.5mt directly below the unconformity (206.5mt). Core recovery was generally 100%, but narrow intervals of core loss within the altered zone occurred, notably 215.0mt to 218mt (87% recovery) and 221mt to 224.0mt (72% recovery).

Split core samples for geochemical analysis were taken continuously from 206.5mt to 240.0mt at 0.5mt intervals. Samples were analyzed for U3O8 (wt%) at SRC geoanalytical laboratories (an SCC ISO/IEC 17025: 2005 accredited facility) of Saskatoon. The laboratory method of quality control included the insertion of CANMET certified reference material applicable for the range of mineralization encountered every 20th sample.

Repeat assays were carried out on six samples, with acceptable reproducibility (less than +/- 2% relative variation for samples with >0.01 wt% U3O8). All samples sent for analysis include 63 element ICP-OES, uranium by fluorimetry (partial digestion) and boron. Samples within the mineralized interval are also being analyzed for gold, platinum and palladium.