Target Exploration & Mining Corp.

Target Exploration & Mining Corp.

September 26, 2007 09:15 ET

Target to Commence Drilling on Sinbad Uranium Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2007) -


TARGET EXPLORATION & MINING CORP. (TSX VENTURE:TEM) (the "Company") is pleased to announce that a 21 hole, 6,000 foot drill program has been planned on the Sinbad Property, 20 miles southwest of Green River in Emery County, Utah. Drilling is scheduled to begin by the end of October 2007 and will test the extension of known uranium mineralization along trend of the former Sinbad Uranium Mine, as well as several newly discovered radon anomalies.

The property is adjacent to the Sinbad Uranium Mine, a former producer that was shut down in 1982. The known uranium mineralization is hosted in the Chinle Formation sandstone, which hosts numerous other uranium deposits in Utah. The mineralization continues along trend onto the Company's Sinbad property where relatively shallow drill holes on the claims are reported to have intersected mineralization ranging from 4.5 feet of 0.11% eU3O8 to 2.5 feet of 0.55% eU3O8.

In addition to completing geological mapping and a radon gas survey over the property, the Company has also staked an additional 51 claims and now controls 62 claims (1190 acres) and a State Lease (640 A) in the Sinbad area. The company continues to evaluate other uranium opportunities in the area.

Maps and additional information are available on the Company website:

Stewart Wallis, P.Geo., President of the Company and Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information contained in this news release.

About Target

Target is a growing junior uranium company with projects in the US. Its flagship property in the Shirley Basin, Wyoming, is a joint venture agreement with Ur-Energy, having had significant uranium intersected on two zones in the past. A drill program on this property, to confirm the historical resources and test for expansion of the uranium zone(s) will begin following the completion of data compilation and 3D geological modeling. The company is comprised of a team of professionals with a strong track record of working together to create shareholder value through the identification and advancement of uranium and mineral exploration projects.


Mark J Morabito, Chief Executive Officer

This news release contains "forward looking information" that is based on the Company's current expectations, estimates, forecasts and predictions. This forward looking information includes, among other things, statements with respect to exploration, mineralization, business plans, outlook and intended use of proceeds. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward looking information.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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