HathorIntersects 81.5 m of 1.59% U3O8 at Roughrider Zone East, Including a13.5 m Interval of 6.52% U3O8 With Assays as High as 68.1% U3O8

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2010) - Hathor Exploration Limited (TSX VENTURE: HAT.V)is pleased to announce assay results from drill hole MWNE-10-607, thefirst complete set of drill hole assays from the ongoing 2010 winterdrill program at the Company's Midwest NorthEast project in theAthabasca Basin, Saskatchewan. Highlights include:

- A composite interval of 81.5 m grading 1.59% U3O8.

- The composite interval includes 41 m of 2.61% U3O8, which itselfincludes 13.5 m of 6.52% U3O8 with individual assays as high as 68.1%U3O8 (Table 1 below).

- Alteration is pervasive throughout thecomposite interval; all core pieces are both altered and anomalous inradioactivity. For example: in the 13.5 metre interval, there are 26half metre samples, of which only one is less than 500 ppm U3O8, and itis well above background. A full list of assay data is available on theCompany's website at www.hathor.ca.

- Similar to Roughrider, arsenic and selenium contents are low.

- Mineralization spans a vertical extent of 100 m down from the unconformity.

- There is no preferred host rock to mineralization and alteration; ALLbasement rock types are affected, including both the Wollaston Grouppelitic gneisses and the overlying hanging wall of granites andpegmatites.

Table 1: Summary assay data for the 81 metre composite intersection in Drill
Hole MWNE-10-607(i)
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From        To Interval  U3O8     As     Ni    Se     Mo     Co    Cu     V
(m)         (m)      (m)   (%)  (ppm)    (%) (ppm)    (%)    (%)   (%)   (%)
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259.50  341.00    81.50  1.59  30.98  0.007 14.28  0.021  0.003 0.400 0.159
282.50  323.50    41.00  2.61  48.52  0.009 26.13  0.034  0.004 0.649 0.186
293.00  306.50    13.50  6.12 113.56  0.012 50.67  0.043  0.006 1.386 0.194

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(i) All intersections are down-hole; core-length intervals are best
interpreted with respect to geometry of the zone on drill fence
diagrams.

Dr. Alistair McCready, Hathor's Exploration Manager,said: "These assays confirm the uranium potential that originallyexcited our exploration team in the field; seeing core box after corebox of altered and radioactive core delivered from hole after hole atthe new RRZE discovery. I am excited about once again intersecting highgrade mineralization associated with massive to semi-massivepitchblende, but the fact that we are now intersecting broad andcontinuous sections of altered and radioactive rock with provenelevated uranium content throughout gives us something entirely new tobe excited about; namely, the potential for broad and continuouscomposite sections of mineralization, and in three dimensions, largevolumes of continuously mineralized rock."

This News Releaseprovides assay data for previously released geology and radioactivitydata for drill hole MWNE-10-607 (NR dated February 25, 2010). DrillHole MWNE-10-607 is shown on both plan maps (Figures 1 & 2) andcross sections (Figure 5) which accompanied the previous release andare posted on the Company's website at www.hathor.ca.As is shown on Figure 2, drill hole MWNE-10-607 is part of the firstalong-strike step-out drill fence of four holes which is located 25 malong strike to the west of the original discovery at Roughrider ZoneEast (RRZE) in 2009 at hole MWNE-09-170 (28 m of 12.8 % U308; NewsRelease dated 12 November 2009). Overall, there is the potential for400 m of along-strike continuity along the controlling 070o structurebetween RRZE and the western end of the original Roughrider deposit(see Figure 1).

The Midwest Northeast Property is locatedalong strike to the north of the Midwest and Midwest A uraniumdeposits. The Roughrider deposit is accessed by a 6 km winter roadconnected to Highway 955. The property is approximately 8.5 km north ofthe community of Points North, the main service hub for northereasternSaskatchewan (see regional plan map on the Company's website at www.hathor.ca).

Samples were analyzed for U3O8 at the Geoanalytical Laboratories of theSaskatchewan Research Council (SRC). The facilities used for theanalysis operate in accordance with ISO/IEC 17025:2005 (CAN-P-4E). Thesamples were analyzed using ISO/IEC 17025:2005-accredited U3O8 method.The samples were analyzed for a suite of other base metal elementsincluding nickel, cobalt, copper and lead by ICP-ES. Select sampleswill be analysed for precious metals including gold, platinum,palladium and rhenium. These results will be released upon receipt ofall results. Dry bulk density determinations will also be carried outon the drill core.

Terra Ventures Inc. owns a 10-per-centinterest, carried until a decision is made to go to production, in theMidwest NorthEast property.

Benjamin Ainsworth, P.Eng., aqualified person as defined by National Instrument 43-101, has reviewedand approved the technical disclosure contained in this news release.

For more information on Hathor, please visit the company's website: www.hathor.ca.

Hathor Exploration Limited

Stephen G. Stanley, President