Hathor Exploration Limited

Hathor Exploration Limited

September 11, 2007 12:13 ET

Hathor Identifies Uranium Geochemical Anomalies on Hatchet Lake Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - Hathor Exploration Limited (TSX VENTURE:HAT) announces that during the summer of 2007, 420 lake sediment samples were collected from its wholly-owned Hatchet Lake uranium property. These samples have now been analyzed by the Geoanalytical Laboratories of the Saskatchewan Research Council in Saskatoon, Saskatchewan. This facility operates in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration laboratories and has been providing high-quality analysis to the exploration and mining industry since 1972.

Samples were taken at a sample density of one sample per 1.5 square km. Analytical results indicate that nine of the samples contain highly-anomalous uranium values (greater than the 98th percentile being greater than 35.6 ppm U), with the 4 highest samples returning uranium values of 110, 52, 43, and 43 ppm. Most of the highly-anomalous results are clustered together into 3 distinct groups and are also spatially-related to EM conductors identified by recent airborne geophysics undertaken by Hathor (see Hathor news release of September 5, 2007). Many of these samples also have geochemically anomalous contents of Cu (up to 68 ppm), Ni (up to 46 ppm) and Pb (up to 15 ppm). This is of particular note given that, quite often, Athabasca Basin area unconformity style uranium deposits exhibit an association with other metals including copper, nickel, lead and gold.

The Hatchet Lake geochemical program is part of an extensive, helicopter-supported regional lake sediment sampling program undertaken by Hathor in 2006 and 2007. During the last two summers, Hathor has collected 2,619 samples from 7 of its uranium projects located in the Athabasca Basin area. The geochemical data gathered from these projects are allowing Hathor's geological team a more significant understanding of uranium metallogeny in the region and will help to better define target areas for further exploration.

For more information on Hathor, its subsidiary Roughrider Uranium Corp. and their uranium projects located primarily in the Athabasca area of mining-friendly Saskatchewan and Alberta; the world's premier region for high-grade uranium deposits, please visit the company's website: www.hathor.ca or contact Stephen Stanley at 604-684-6707.

Hathor Exploration Limited

Stephen G. Stanley, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information

  • Hathor Exploration Limited
    Stephen G. Stanley
    (604) 684-6707
    (604) 684-9277 (FAX)
    Website: www.hathor.ca