RPT Uranium Corp.
TSX VENTURE : RPT

RPT Uranium Corp.

April 12, 2007 13:10 ET

RPT Uranium Extends Split Rapids Drilling Program Sibley Basin-Northeast of Thunder Bay, Ontario

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 12, 2007) - Dr. Hikmet Akin, President, announces that RPT Uranium Ltd. (TSX VENTURE:RPT) is extending its winter diamond drilling program in the Split Rapids area of the Black Sturgeon uranium property in the Sibley basin northeast of Thunder Bay, Ontario. The decision to expand the drill program to 6,750 metres follows on the intersection of high grade uranium mineralization: 4.68% U3O8 over 0.72 metres in drill hole BSE07-03 (see news release dated April 2nd, 2007).

Dr. Akin stated that, "with these high uranium grades intersected near surface, a relatively small deposit can contain a lot of pounds of uranium. We therefore need to drill at a close spacing to fully test the target area." To date, 20 drill holes totalling 4,258 metres have been completed in the 2007 program. An additional 15 to 20 holes are planned, for a program total of 6,750 metres.

The Split Rapids uranium zones occur in or adjacent to an Archean iron formation which has been traced over a length of 900 metres. Seven uranium-bearing zones have been found by prospecting and mechanical stripping and consist of clusters of narrow but high grade pitchblende-bearing veins. The area was once covered by Sibley Group sediments which have now been removed by erosion and the unconformity at the base of the Sibley Group lies an unknown distance above the present land surface.

The following is a list of all drill intercepts giving assays over 0.05% U3O8 from the 2005 and 2007 programs at Split Rapids.



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Hole From To length (m) U3O8%
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BS05-09 11.05 11.35 0.30 0.563
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BS05-10 8.00 8.30 0.30 0.082
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BS05-11 10.57 10.87 0.30 0.179
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BS05-12 5.64 5.94 0.30 1.990
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and 10.55 11.19 0.64 0.110
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BS05-14 18.73 19.03 0.30 0.105
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and 19.40 19.70 0.30 0.070
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BS05-15 16.14 16.44 0.30 0.088
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and 16.87 17.17 0.30 0.065
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and 17.17 17.56 0.39 0.169
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and 22.32 22.92 0.60 0.230
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BS05-16 32.33 36.99 4.66 0.098
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including 32.33 35.85 3.52 0.120
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including 34.83 35.85 1.02 0.224
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BS05-22 8.74 9.04 0.30 0.064
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and 27.16 27.46 0.30 0.213
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BS05-24 10.95 11.25 0.30 0.046
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BS05-25 25.80 26.10 0.30 0.293
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BS05-26 21.34 21.64 0.30 0.052
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BS05-28 33.34 33.64 0.30 0.110
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and 33.76 34.06 0.30 0.067
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and 52.60 52.90 0.30 0.543
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BS05-29 45.80 46.10 0.30 0.068
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BS05-30 37.09 38.59 1.50 2.994
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BSE07-02 46.70 47.00 0.30 0.362
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BSE07-03 70.67 71.39 0.72 4.680
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Additional samples from holes BSE07-07, 09, 14 and 16 have been sent for assay.

RPT Uranium is also pleased to report that over 8.2 million warrants have been exercised, raising over CDN$2.9 million to date. These warrants were attached to shares issued as part of the March 2006 financing. Additional funds will enable RPT Uranium to continue its exploration programs both in the Sibley basin in Ontario and in the Athabasca basin of northern Saskatchewan.

The Black Sturgeon uranium property lies in the Sibley Basin between 75 and 110 kilometres north and northeast of Thunder Bay, Ontario and can be viewed on the Company's website www.RPTuranium.ca. Infrastructure is excellent, with all parts of the property accessible by logging roads and the property can be explored on a year round basis.

Technical information in this news release has been reviewed by Colin Bowdidge, Ph.D., P.Geo., vice-president of exploration for the company and a Qualified Person as defined in National Instrument 43-101. Assays from the 2005 drilling were performed by SRC Geoanalytical Laboratories of Saskatoon. The 2007 assays were performed by Loring Laboratories Ltd. of Calgary. Sample lengths quoted are core lengths; the geometry of the zones as a whole is not understood and no estimate can be made of true widths.

ON BEHALF OF THE BOARD,

Hikmet Akin, President

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

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