Hathor Exploration Limited (HAT: TSX-V) and Forum Uranium Corp. (FDC: TSX-V) announce that the 2011 winter diamond drill program is now underway on the Henday uranium project in the northeastern Athabasca basin, Saskatchewan.

A total of 3,750 metres of diamond drilling is planned. Drilling will first test the large area of prospective alteration and local uranium mineralizatin discovered in 2010 at Mallen Lake. New targets farther to the west will also be tested for the first time (Figure 2). Named King and Crimson, they are located along the inferred northeastern extension of the prolific Midwest Trend (Figure 1). The Midwest trend hosts the Midwest deposit (Areva/Denison), the Roughrider deposits of Hathor, and the nearby J Zone (Fission).

Mallen Lake Zone

Drilling will commence on the Mallen Lake Zone, where a large alteration system extending well into the overlying sandstones and down into the basement rocks was discovered in the 2010 drill season. The depth to unconformity is only 100 m in the Mallen Lake area. Several drillholes intersected weak uranium mineralization, with 0.5 metres at 723 ppm U in RL-66 and 0.5 metres of 0.16% U in RL-68, both within basement lithologies. Monometallic geochemistry (very minor arsenic and nickel) returned from this zone suggests that the uranium mineralization model is similar to Hathor's Roughrider Deposit or Cameco's Millennium Deposit.

A series of drill holes are planned to intersect a graphitic unit within the basement rocks, just below the unconformity and approximately 80 metres below the unconformity on either side of the mineralization intersected in 2010. Any further uranium mineralization will be followed up immediately.

Other Priority Targets

The two other targets to be tested are located along the interpreted northern extension of the Midwest fault where it is intersected by cross-cutting structures; the Mallen Lake structure and the Moonlight structure. These areas have never been drill tested and show a combination of electromagnetic conductors, and both gravity and resistivity lows (indicative of alteration). A soil sampling survey completed in the summer of 2010 returned elevated uranium values in these areas.