Hathor Exploration Limited

Hathor Exploration Limited

March 07, 2005 15:38 ET

Hathor Exploration Limited: Cluff Lake Uranium Property


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: HATHOR EXPLORATION LIMITED

TSX VENTURE SYMBOL: HAT

MARCH 7, 2005 - 15:38 ET

Hathor Exploration Limited: Cluff Lake Uranium Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 7, 2005) - Hathor
Exploration Limited (TSX VENTURE:HAT)

Matthew J. Mason, President of Hathor Exploration Limited (the
"Company"), announces that the Company has signed a Letter of Intent
whereby Essendon Solutions Inc. ("Essendon") may acquire a 50% interest
in the Company's Cluff Lake Uranium Property.

To earn its interest, Essendon must pay the Company $25,000, issue
200,000 common shares and expend not less than $1,100,000 on exploration
and development of the property over a four-year period.

The transaction is subject to acceptance by the TSX Venture Exchange.

Hathor Exploration Limited

Matthew J. Mason, President


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Hathor Exploration Limited
    Matthew J. Mason
    President
    (604) 684-6707
    (604) 684-9277 (FAX)
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.