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2009 June 29

Xemplar Intersects U3O8 Mineralization Over 22 Metres at Big Yellow

Vancouver, British Columbia, Canada, June 29, 2009 – The Board of Directors of Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia: XEM) (“Xemplar” or the “Company”) is pleased to report chemical assay results for a further nineteen drill holes from the Company’s 2008/2009 drill program at the Big Yellow mineralized zones located at its 100% owned Warmbad Uranium project in southern Namibia.

Simon Tam, Chief Executive Officer states “Xemplar’s 2009 drill program continues to meet our expectations. The chemical assay results clearly demonstrate the size potential of our mineralized zones.”

Highlights of chemical assay results from the Company’s 2008/2009 drill program at Big Yellow West, East, and Center are shown in the ensuing three tables. Additional assay results for all drill holes currently reported on are available on the Company’s website www.xemplar.ca.

Big Yellow West

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYW0019
-60
2
24
22
110.1
0.011%
Including
 
13
14
1
339.0
0.034%
 
 
100
107
7
129.1
0.013%
Including
 
103
104
1
206.2
0.021%
 
 
134
141
7
147.9
0.015%
Including
 
140
141
1
303.4
0.030%
RCBYW0020
-60
143
154
11
189.8
0.019%
Including
 
145
146
1
586.7
0.059%
Including
 
147
151
4
254.7
0.025%
RCBYW0021
-90
76
87
11
180.5
0.018%
Including
 
82
86
4
309.5
0.031%
 
 
120
127
7
220.4
0.022%
Including
 
121
122
1
447.0
0.045%
RCBYW0024
-60
119
129
10
240.1
0.024%
Including
 
121
123
2
469.3
0.047%
Including
 
124
125
1
291.1
0.029%
RCBYW0025
-60
55
67
12
168.8
0.017%
Including
 
64
66
2
461.8
0.046%
 
 
80
87
7
100.0
0.010%
 
 
134
139
5
137.3
0.014%
 
 
172
177
5
101.9
0.010%
RCBYW0026
-60
45
48
3
895.5
0.090%
Including
 
45
46
1
1,824.5
0.183%
Including
 
46
47
1
766.0
0.077%
 
 
148
153
5
114.7
0.011%
RCBYW0027
-60
3
9
6
121.5
0.012%
 
 
25
38
13
152.2
0.015%
Including
 
30
32
2
249.0
0.025%
Including
 
34
35
1
213.8
0.021%
Including
 
36
37
1
207.8
0.021%
RCBYW0028
-60
67
76
9
101.3
0.010%
 
 
116
120
4
111.5
0.011%
 
 
125
134
9
101.5
0.010%
* Rounded to the nearest 1/1000th of percentile.

In addition to the above assay results reported for Big Yellow West, 40 intervals of 1 to 3 meters with grades ranging from 101.8 parts per million (PPM) (0.01%) to 337.87 PPM (0.034%) were also noted.

RCBYW0026 is of particular interest, as grades of 895.5 PPM (0.090%) U3O8 over 3 meters from 45 meters to 48 meters (including 1 meter from 45 to 46 meters at 1,824.5 PPM, or 0.182% and including 1 meter from 46 meters to 47 meters at 766.0 PPM or 0.08%) was encountered.

Big Yellow East

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYE0057
-60
86
91
5
107.2
0.011%
RCBYE0060
-60
135
149
14
105.7
0.011%
RCBYE0061
-60
66
71
5
110.2
0.011%
Including
 
69
70
1
223.4
0.022%
 
 
126
133
7
181.1
0.018%
Including
 
126
128
2
308.4
0.031%
Including
 
130
132
2
212.8
0.021%
RCBYE0062
-60
55
73
18
133.3
0.013%
Including
 
56
63
7
203.8
0.020%
Including
 
72
73
1
249.4
0.025%
 
 
122
129
7
148.8
0.015%
Including
 
123
124
1
274.5
0.027%
* Rounded to the nearest 1/1000th of percentile.

In addition to the above assay results reported for Big Yellow East, 14 intervals of 1 to 3 meters with grades ranging from 100.3 parts per million (PPM) (0.01%) to 169.1 PPM (0.017%) were also noted, and available on the Company website. This includes assay results for Hole RCBYE0059, which is not listed in the above table, but is also available on the Company website.

Big Yellow Center

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYC0031
-60
64
71
7
135.1
0.014%
Includes
 
67
68
1
309.6
0.031%
RCBYC0034
-60
7
13
6
100.3
0.010%
Including
 
11
12
1
201.4
0.020%
 
 
139
148
9
105.4
0.011%
Including
 
140
141
1
220.2
0.022%
RCBYC0035
-60
115
120
5
232.3
0.023%
Including
 
117
118
1
371.8
0.037%
 
 
136
140
4
140.3
0.014%
RCBYC0036
-90
36
40
4
165.7
0.017%
Including
 
37
38
1
268.4
0.027%
 
 
138
146
8
108.8
0.011%
Including
 
145
146
1
207.4
0.021%
RCBYC0037
-60
38
44
6
123.8
0.012%
Including
 
40
41
1
236.6
0.024%
 
 
51
57
6
109.2
0.011%
 
 
66
71
5
105.3
0.011%
 
 
103
108
5
146.5
0.015%
RCBYC0038
-60
3
9
6
117.4
0.012%
 
 
15
23
8
129.7
0.013%
 
 
116
122
6
107.6
0.011%
Including
 
119
120
1
226.9
0.023%
 
 
154
159
5
158.4
0.016%
RCBYC0039
-60
116
123
7
142.2
0.014%
Including
 
120
122
2
294.0
0.029%
* Rounded to the nearest 1/1000th of percentile.

In addition to the above assay results reported for Big Yellow Center, 30 intervals of 1 to 4 meters with grades ranging from 100.0 parts per million (PPM) (0.01%) to 631.7 PPM (0.063%) were also noted, and available on the Company website.

Two holes of particular interest are RCBYC0038,and RCBYC0039. In addition to the results shown in the table above, RCBYC0038 had one meter interval at 37 to 38 meters depth with grades of 412.4 PPM (0.041%) and at 103 meters to 104 meters depth with grades of 631.7 PPM (0.063%). RCBYC0039 had one meter interval at 87 to 88 meters with grades of 523.6 PPM (0.052%).

The 2009 drill program is well underway, with definition drilling beginning at three of the eight zones of mineralization. The objective is to begin developing uranium resources. Exploration drilling will continue with the objective of discovering new zones of mineralization and extending the size of the eight zones of mineralization that have already been discovered.

In other news, Gerard A. Pallotta was elected as Director of Xemplar on May 27th, 2009 and its wholly owned Namibian subsidiary Namura Mineral Resources (Pty) Ltd. (“Namura”) on June 4th, 2009. Peter Koep, in his desire to focus his energy on his legal practice, elected not to run for nomination as Director and as such, effective May 27th, 2009 is no longer a Director of Xemplar. As well, Mr. Koep resigned as Director of Namura on June 4th, 2009. The Board wishes to express its appreciation for Mr. Koep’s contribution during his tenure as Director of Xemplar. Mr. Koep, who is based in Namibia, has been retained by the Company as legal counsel and will continue to be the Trustee of Namura’s Warmbad Trust Fund. Lastly, Mike Magrum, Xemplar’s Technical Director, was appointed as Chief Operating Officer, formalizing his role in heading up all operational plans and activities of the company.

Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.

On behalf of the Board of Directors,
Xemplar Energy Corp.

“Simon Tam”
Simon Tam, CEO and Director
Xemplar Energy Corp.


Disclaimer and Cautionary Statement Regarding Forward-Looking Information

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.

Xemplar Energy Corp. seeks safe harbor.

Xemplar Energy Drill Results

Note: Drill Results highlighted in yellow were reported in the Press Release dated June 29, 2009.

Big Yellow West

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYW0019
-60
2
24
22
110.1
0.011%
Including
 
13
14
1
339.0
0.034%
 
 
32
33
1
107.6
0.011%
 
 
36
38
2
169.6
0.017%
 
 
100
107
7
129.1
0.013%
Including
 
103
104
1
206.2
0.021%
 
 
119
120
1
107.8
0.011%
 
 
123
124
1
187.0
0.019%
 
 
134
141
7
147.9
0.015%
Including
 
140
141
1
303.4
0.030%
 
 
153
154
1
145.6
0.015%
 
 
162
163
1
131.8
0.013%
RCBYW0020
-60
108
111
3
170.6
0.017%
 
 
109
110
1
337.8
0.034%
 
 
143
154
11
189.8
0.019%
Including
 
145
146
1
586.7
0.059%
Including
 
147
151
4
254.7
0.025%
RCBYW0021
-90
0
3
3
124.6
0.012%
 
 
13
14
1
147.8
0.015%
 
 
76
87
11
180.5
0.018%
Including
 
82
86
4
309.5
0.031%
 
 
100
103
3
160.2
0.016%
 
 
109
111
2
198.3
0.020%
Including
 
109
110
1
231.4
0.023%
 
 
120
127
7
220.4
0.022%
Including
 
121
122
1
447.0
0.045%
 
 
167
168
1
125.6
0.013%
RCBYW0022
-60
47
48
1
108.2
0.011%
 
 
49
50
1
144.5
0.014%
RCBYW0023
-60
8
9
1
129.7
0.013%
 
 
72
74
2
105.1
0.011%
 
 
82
84
2
139.2
0.014%
 
 
101
103
2
104.6
0.010%
 
 
108
109
1
115.8
0.012%
 
 
122
124
2
159.3
0.016%
RCBYW0024
-60
49
52
3
171.5
0.017%
Including
 
49
50
1
274.0
0.027%
 
 
119
129
10
240.1
0.024%
Including
 
121
123
2
469.3
0.047%
Including
 
124
125
1
291.1
0.029%
RCBYW0025
-60
55
67
12
168.8
0.017%
Including
 
64
66
2
461.8
0.046%
 
 
74
75
1
146.9
0.015%
 
 
80
87
7
100.0
0.010%
 
 
92
93
1
121.5
0.012%
 
 
98
99
1
122.0
0.012%
 
 
123
124
1
116.8
0.012%
 
 
134
139
5
137.3
0.014%
 
 
143
144
1
101.8
0.010%
 
 
159
161
2
112.8
0.011%
 
 
172
177
5
101.9
0.010%
RCBYW0026
-60
45
48
3
895.5
0.090%
Including
 
45
46
1
1,824.5
0.183%
Including
 
46
47
1
766.0
0.077%
 
 
75
77
2
106.4
0.011%
 
 
78
79
1
111.5
0.011%
 
 
115
116
1
134.2
0.013%
 
 
121
122
1
128.6
0.013%
 
 
148
153
5
114.7
0.011%
 
 
162
164
2
122.0
0.012%
RCBYW0027
-60
3
9
6
121.5
0.012%
 
 
25
38
13
152.2
0.015%
Including
 
30
32
2
249.0
0.025%
Including
 
34
35
1
213.8
0.021%
Including
 
36
37
1
207.8
0.021%
 
 
109
111
2
103.1
0.010%
 
 
113
114
1
113.4
0.011%
RCBYW0028
-60
12
13
1
128.0
0.013%
 
 
48
50
2
104.8
0.010%
 
 
58
59
1
114.2
0.011%
 
 
67
76
9
101.3
0.010%
 
 
116
120
4
111.5
0.011%
 
 
125
134
9
101.5
0.010%
* Rounded to the nearest 1/1000th of percentile.

Big Yellow East

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYE0057
-60
37
39
2
120.5
0.012%
 
 
60
63
3
114.6
0.011%
 
 
86
91
5
107.2
0.011%
 
 
124
127
3
105.9
0.011%
 
 
135
136
1
169.1
0.017%
 
 
141
142
1
116.0
0.012%
RCBYE0059
-60
28
29
1
103.4
0.010%
 
 
92
93
1
106.4
0.011%
 
 
109
111
2
102.4
0.010%
RCBYE0060
-60
114
117
3
156.2
0.016%
 
 
135
149
14
105.7
0.011%
RCBYE0061
-60
42
43
1
103.6
0.010%
 
 
44
45
1
112.0
0.011%
 
 
66
71
5
110.2
0.011%
Including
 
69
70
1
223.4
0.022%
 
 
81
82
1
100.3
0.010%
 
 
84
86
2
121.7
0.012%
 
 
116
118
2
111.4
0.011%
 
 
126
133
7
181.1
0.018%
Including
 
126
128
2
308.4
0.031%
Including
 
130
132
2
212.8
0.021%
RCBYE0062
-60
55
73
18
133.3
0.013%
Including
 
56
63
7
203.8
0.020%
Including
 
72
73
1
249.4
0.025%
 
 
122
129
7
148.8
0.015%
Including
 
123
124
1
274.5
0.027%
* Rounded to the nearest 1/1000th of percentile.

Big Yellow Center

Drill Hole
Hole
Inclination
From (meters)
To
(meters)
Width (meters)
U3O8 Grade
(parts per million)
U3O8 Grade (percentage)*
RCBYC0031
-60
30
31
1
110.5
0.011%
 
 
48
49
1
131.7
0.013%
 
 
64
71
7
135.1
0.014%
Includes
 
67
68
1
309.6
0.031%
 
 
82
83
1
105.1
0.011%
RCBYC0034
-60
7
13
6
100.3
0.010%
Including
 
11
12
1
201.4
0.020%
 
 
22
24
2
108.1
0.011%
 
 
86
89
3
165.0
0.017%
Including
 
87
88
1
237.9
0.024%
 
 
100
103
3
103.5
0.010%
 
 
105
106
1
155.3
0.016%
 
 
139
148
9
105.4
0.011%
Including
 
140
141
1
220.2
0.022%
RCBYC0035
-60
115
120
5
232.3
0.023%
Including
 
117
118
1
371.8
0.037%
 
 
136
140
4
140.3
0.014%
RCBYC0036
-90
36
40
4
165.7
0.017%
Including
 
37
38
1
268.4
0.027%
 
 
61
65
4
106.6
0.011%
 
 
71
72
1
297.3
0.030%
 
 
138
146
8
108.8
0.011%
Including
 
145
146
1
207.4
0.021%
RCBYC0037
-60
38
44
6
123.8
0.012%
Including
 
40
41
1
236.6
0.024%
 
 
51
57
6
109.2
0.011%
 
 
59
60
1
100.0
0.010%
 
 
61
64
3
106.4
0.011%
 
 
66
71
5
105.3
0.011%
 
 
83
85
2
281.5
0.028%
 
 
84
85
1
451.2
0.045%
 
 
103
108
5
146.5
0.015%
 
 
126
128
2
125.7
0.013%
 
 
144
145
1
271.8
0.027%
RCBYC0038
-60
3
9
6
117.4
0.012%
 
 
15
23
8
129.7
0.013%
 
 
31
32
1
180.5
0.018%
 
 
36
38
2
270.8
0.027%
Including
 
37
38
1
412.4
0.041%
 
 
103
105
2
451.9
0.045%
Including
 
103
104
1
631.7
0.063%
 
 
116
122
6
107.6
0.011%
Including
 
119
120
1
226.9
0.023%
 
 
127
128
1
155.3
0.016%
 
 
133
134
1
225.2
0.023%
 
 
141
144
3
116.9
0.012%
 
 
150
152
2
168.8
0.017%
 
 
154
159
5
158.4
0.016%
RCBYC0039
-60
58
59
1
155.2
0.016%
 
 
73
74
1
210.0
0.021%
 
 
87
89
2
393.1
0.039%
Including
 
87
88
1
523.6
0.052%
 
 
108
109
1
148.1
0.015%
 
 
116
123
7
142.2
0.014%
Including
 
120
122
2
294.0
0.029%
* Rounded to the nearest 1/1000th of percentile.

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