Hathor Exploration* (HAT : TSX-V : $1.87), Net Change: -0.04, % Change: -2.09%, Volume: 83,214
Multiple-trick pony. Hathor announced Monday that planning is now underway for summer exploration on its Russell Lake
Project in the Athabasca Basin, Saskatchewan (located immediately adjacent to Denison's (DML) exciting new Wheeler River
discovery). A dedicated exploration team has been assembled for Russell Lake, compilation of all previous exploration data
is underway and modelling of recent airborne geophysics has started. Drilling is anticipated by late summer. The Russell Lake
Project covers the Russell Lake and South Russell properties. Combined, the properties cover approximately 71,670 ha in one
contiguous block of 23 claims. Hathor controls 100% of the Russell Lake property (45,742 ha), following the successful
acquisition of Northern Continental Resources. The South Russell property is owned 90% by Hathor, with a cumulative 10%
interest held by two parties, and carried to completion of a feasibility study. Hathor highlights that there is excellent
infrastructure and proven world-class uranium endowment in the Russell Lake area. The south end of the property is 15 km
northeast of the Key Lake mine/mill complex. The northern end is 12 km southeast of the McArthur River mine. Denison's
recent discovery at Wheeler River (the Phoenix deposit) is on the immediate west-central boundary of the property. The
McArthur River-Key Lake haul road runs along the western margin of the property