Hathor Drills 23 Metres of 11% U3O8 at Midwest NorthEast Property

Hathor Exploration Limited (TSX-V: HAT) is pleased to announce the final set of U3O8 assay results from its summer drill program on the Roughrider Zone at the Midwest NorthEast property, northern Saskatchewan.

Highlights from U3O8 assayed core-length intervals(i) (using a 0.05% U3O8 cut-off grade) include:

Drill hole MWNE-08-40:
- 23 metres grading 11.23% U3O8, from 295 m to 318 m core length, including:
- 12.5 metres grading 18.05% U3O8 from 295.0 to 307.5 m core length; or - 7.0 metres grading 28.14% U3O8 from 296.5 to 303.5 m core length; or - 2.0 metres grading 50.51% U3O8 from 296.5 to 298.5 m core length
- 10 metres grading 0.32% U3O8, from 326.5 m to 336.5 m core length; and
- 2 metres grading 0.33% U3O8, from 343 m to 345 m core length

Western Uranium Announces Significant Gold Intercepts in Preliminary Results From the Regional Drill Program at Kings Valley, Nevada

Western Uranium Corporation (the "Company") (TSX VENTURE: WUC.V) is pleased to announce preliminary results from the 2008 drilling program at Kings Valley, Nevada. The drill program was focused on a number of uranium targets identified from previous geophysical and geochemical surveys in the Bull Basin and Old Man Springs areas. Preliminary results to date have outlined zones of anomalous radioactivity occurring near the contact between the overlying altered sediments and the underlying volcanic units similar to the style of uranium mineralization in the nearby Aurora deposit. Of particular interest is drill hole AB-04 at the northern end of the target area that intercepted 12 grams of gold over 1.5 metres from 103.7 m to 105.2 m. In addition the hole intercepted another interval 41 metres in width from 154.0 m to 195.1 m that averaged 0.66 grams. This interval included, 1.03 grams over 1.5 metres from 155.5 m to 157.0 m, and 1.94 grams over 7.62 metres from 170.7 m to 178.3 m.

Uranium One to Place Dominion Operations on Care and Maintenance

Uranium One Inc. ("Uranium One") today announced that its board of directors has decided to place the Dominion Uranium Project on care and maintenance.

The decision to place Dominion on care and maintenance reflects the significant deterioration in the Project's economics associated with the continuing decline in uranium prices over the last year and significant inflation-related increases in Project costs, together with a slower than expected ramp-up in development and production.

The decision follows the completion of the Company's detailed life of mine planning process and budget for the Project, which has shown that the Project would require a sustained recovery in uranium prices, as well as significant additional capital investment, in order to become economically viable.

Uranium One Establishes Australian Joint Ventures with Mitsui

Uranium One Inc. today announced that it has reached agreement with Mitsui & Co., Ltd. of Japan to create joint ventures in relation to the Australian assets of Uranium One. Under the agreement, Mitsui will acquire a 49% interest in the Honeymoon project and the company's Australian exploration portfolio. This includes the Goulds Dam and Billeroo projects, as well as other prospective tenements on the Stuart Shelf and the Eyre Peninsula.

The total minimum cash commitment from Mitsui will be approximately A$104 million for its share of Uranium One Australia's business. The majority of these funds will be used to advance the development of the Honeymoon project through to commercial production.