Mega Uranium Ltd.

Mega Uranium Ltd.

September 24, 2009 09:22 ET

Mega Uranium Ltd.: Wide Drill Intersections in the Salaki Uranium Prospect in Cameroon

- In the initial drilling of the Salaki prospect, intersections include 54.1 meters @ 206ppm eU3O8, 14.7 meters @ 258ppm eU3O8 and 12.6 meters @ 461ppm eU3O8. - A follow-up 2000 meter drill program will begin in October.

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2009) - Mega Uranium Ltd. (TSX:MGA) ("Mega") is pleased to announce that it has obtained encouraging downhole gamma probe eU3O8 results in its initial drilling of the Salaki prospect in the Kitongo Project in northern Cameroon. Intersections include 54.1 meters @ 206ppm eU3O8, 14.7 meters @ 258ppm eU3O8 and 12.6 meters @ 461ppm U3O8. Drilling to date indicates that the mineralisation occurs as steeply dipping to vertical zones extending from exposures in trenches to a depth of 110 meters.

Title to the property is held by Mega Uranium Cameroon plc (Mega 92%, local shareholders 8%). A map showing the locations of Mega's three project areas in Cameroon, Kitongo, Lolodorf and Teubang (total area 3858 km2) can be found on Mega's website

The Salaki prospect is one of several prominent radiometric anomalies that were identified in an airborne magnetic-radiometric survey of the Kitongo Project area in mid 2007. The prospect is situated 22 kilometers WSW of the Kitongo prospect from which Mega reported significant drill intersections in its news release of March 3 2009. In the first half of 2009, Mega investigated the prospect by means of geological mapping, ground radiometrics, trenching and rock chip sampling. The work delineated a 1.2 kilometer long, NW-trending zone of elevated radiometric values within microdiorite, syenite and basic volcanics along a regional lineament.

The drilling program comprised seven diamond drill holes (total 796 meters) on a NE orientation on five lines along a 600 meter strike length of the NW-trending zone. The first two holes, SAL1 and SAL1B, were drilled from the same location at -45 degrees and -60 degrees, respectively. Holes SAL2 and SAL4 were drilled on lines respectively 75 meters and 200 meters SE of SAL1/SAL1B. Hole SAL5 was drilled on a line 200 meters NW of SAL1/SAL1B. Two other holes, SAL3 and SAL3B, were drilled on a line 375 meters SE of SAL1/SAL1B, but failed to intersect the main mineralised zone as they were drilled by error from an incorrect location.

The uranium mineralisation intersected to date occurs mainly as disseminations in the form of steeply-dipping to vertical zones hosted predominantly by albitised, locally brecciated microdiorite.

In October Mega will commence a 2000 meter drill program to investigate the mineralized zone along its entire 1.2 kilometer strike length.

(TABLE 1: Salaki - Intersections of greater than I meter at a 100ppm eU3O8

Hole Angle E of H From To Width ppm eU3O8
(m) (m) (m) (m)
SAL1 -45 degrees 119 51.6 63.5 11.9 196
86.1 87.8 1.7 184
SAL1B -60 degrees 142 46.4 100.5 54.1 206
115.1 129.8 14.7 258
SAL2 -45 degrees 80 40.6 53.2 12.6 461
72.8 74.0 1.2 217
SAL3 -45 degrees 116 69.3 70.6 1.3 196
89.2 90.7 1.5 172
SAL3B -60 degrees 109 NSM
SAL4 -45 degrees 129 43.1 67.5 24.4 163
92.9 93.9 1.0 362
SAL5 -45 degrees 101 5.8 9.6 3.8 628


1. All holes were gamma logged with a Geotron T163 total count gamma probe
supplied by Geotron Systems Pty Ltd of Potchefstroom, South Africa. The
instrument was calibrated at the Pelindaba calibration facility in South
Africa, which is (approved by the IAEA. Data were converted from raw
counts per second of natural gamma rays to equivalent U3O8 (grades)
("eU3O8") using the calibration factors derived from the Pelindaba
facility. Daily checks were carried out to validate the) accuracy of the
gamma probe using a reference hole in the Kitongo prospect.

2. NVM indicates no intersections of greater than I meter @ greater than
100ppm eU3O8

3. True widths of the intersections in the -45 degrees holes are estimated
to be approximately 80% of the intersection width. The true width in
the -60 degrees hole is estimated to be approximately 60% of the
intersection width.

Stewart Taylor, Mega's President and Qualified Person under NI43-101, is responsible for this release and has verified the contents disclosed.

About Mega Uranium

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Canada, Argentina, Bolivia, Colombia, Mongolia and Cameroon. Further information on Mega can be found on the company's website at Mega Uranium's Ben Lomond and Maureen uranium resources are subject to a Queensland State Government policy that presently prohibits the mining of uranium.

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