Matoush Uranium Project | Longitudinal

The Matoush uranium exploration project, located in the Otish Mountains, approximately 275 km north of Chibougamau, is spearheading the Company’s pursuit of its objectives, which includes the delineation of sufficient resources for minimum uranium production of 2,000,000 pounds of U₃O₈ per year for at least 10 years.

The projet consists of the Matoush, Matoush Extension, Eclat and Pacific Bay properties. The Matoush project extends over 23 km on its north-south axis. It presently covers 590 claims for a total area of 31,213 hectares. The property is accessible by air and in winter by the Eastmain winter road, which runs about seven kilometres to the west of the property.

In all, 226,367 metres (492 drillholes) have been drilled on the Matoush Project since exploration began in 2006. The holes drilled to date clearly demonstrate the high-grade potential of this sector.

LONGITUDINAL SECTIONS OF THE MATOUSH PROJECT

2012 Resource

Results - April 26, 2011

Sections (AM-15 / MT-22 / MT-34 / MT-36)

Eclat – North Zone

Matoush – North Zone

Matoush – Main Zone

Matoush – South-Center Zone

Matoush – MT-36 Zone

Matoush – South Zone

Eclat South – North Zone

Eclat South – North-Center Zone