Dejour Enterprises Ltd.

Dejour Enterprises Ltd.

July 25, 2005 18:54 ET

Dejour Becomes SEC Reporting Issuer; Increases its 2005 Exploration Budget to $2.5 Million and Launches MEGATEM Surveys in Athabasca Basin

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 25, 2005) - Dejour Enterprises Ltd. (TSX VENTURE:DJE) -

Robert L. Hodgkinson, Chairman & CEO, provides this shareholder update regarding corporate and exploration activities.

Located in the Athabasca Basin of Northern Saskatchewan, the Company owns a 100% interest in 15 uranium projects consisting of 870,745 acres (352,386 ha.) representing the 5th largest mineral holding in the Basin. The Basin is recognized as a highly prospective area to explore for uranium. Cameco and Cogema recently announced significant results from two drill holes on properties nearby Dejour's property. Dr. Lloyd Clark, Company director, selected Dejour's property based on proprietary knowledge of the area. Dr. Clark is an internationally recognized authority on Saskatchewan uranium mineralization and was previously the Exploration Manager of SMDC (now Cameco), leading the team responsible for the McArthur River discovery.

The Company reports that its registration statement on Form 20-F has been declared effective by the US Securities and Exchange Commission. As a result, the Company is now a reporting issuer in the United States. US broker dealers may execute trades (where authorized), by accessing the symbol assigned to the Company by the NASD: "DJEEF" or by executing trades directly on the TSX-Venture Exchange.

As a result of the encouraging results from the Company's GEOTEM survey program earlier this year, the Company also reports its 2005 uranium exploration budget is increased to $2.5 million which Dejour is funding 100%.

Mr. Hodgkinson is pleased to report that Fugro Airbourne Surveys has commenced its MEGATEM II electromagnetic survey consisting of 5500 kilometres to be flown over six (6) project areas. Fugro's surveys utilize state of the art equipment and are designed to confirm and extend known conductive horizons and, similar to our GEOTEM surveys conducted earlier this year on the Sand Hill Lake and Meanwell Lake projects, are expected to delineate new conductors not identified by earlier, lower powered equipment.

By the end of August 2005 the Company expects it will have concluded 7,500 km. of airborne surveys and completed a programme of boulder lithogeochemical sampling to follow up and extend geochemical anomalies defined by previous operators. This and other work completed is expected to lead to identification of targets to be tested by diamond drilling in early 2006.

This comprehensive program has been developed by the Company's Allan McNutt, P. Geo., M.A. Sc., Manager of Mineral Exploration, Keith Metcalfe, B. Sc. (Adv.) P. Eng., P. Geo., Senior Geologist in conjunction with Dr. Clark and will provide a solid base for our 2006 drilling program.

About the Athabasca Basin

The Athabasca Basin in Northern Saskatchewan, Canada is the largest mineral production camp in North America accounting for 1/3 of the world's annual uranium supply, a figure which is expected to increase significantly by the end of the decade. The Basin hosts the McArthur River mine, the world's largest and highest grade uranium deposit. Exploration and uranium production in the Basin has support from all levels of governments, institutions, and organizations.

About Dejour

Dejour Enterprises Ltd. is a Canadian energy exploration and development company whose mission is to provide superior shareholder value by acquiring and developing unique and rewarding opportunities within today's burgeoning energy markets. The Company is listed on the TSX Venture Exchange under the symbol (DJE.V). Refer to for company details or contact Doug Cannaday, President.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Corporations' periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not assume the obligation to update any forward-looking statement.

Robert L. Hodgkinson, Chairman & CEO


Shares Issued: 25,728,058

Last Close: 7/25/2005 - $0.49

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