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Properties Overview

Xemplar Energy’s Current Land Status, March 2009

Namibia

All properties are held by Namura Mineral Resources, a 100% wholly owned subsidiary of Xemplar Energy Corp.

  1. Namibian Mines and Energy Department has granted eight Exclusive Prospecting Licenses (EPL’s). These are located in the Aus, Garub, Cape Cross and Warmbad areas, covering nearly 7,500 km².

  2. One Exclusive Prospecting License for the Engo Valley Uranium deposit been applied for and is currently pending approval.

  3. EPLs for Aus, Cape Cross and Warmbad are valid until January 2010 and renewable at that time.

  4. EPLs for Garub are valid until August 2010.

Overview

 

 
Region
EPL Number
Area - km²
EV
Engo Valley
3574 – pending approval
980
CC
Cape Cross
3569
3570
3571
2,773
AG
Aus-Garub
3572 (Aus)
3758 (Garub)
3759 (Garub)
2,882
W
Warmbad
3567
3568
1,811
 
 
 
7,466 – granted
980 - pending

 

 
Description
Stage
Engo Valley
Sandstone conglomerate and siltston hosted epigenetic/diagnetic deposit of which the roll-front and peneconcordiant type in the US are best known.
Early stage exploration – historic resource of 6.0MM tons at 0.04% U3O8 with potential for significantly more tonnage.  EPL is pending approval.
Cape Cross
Uranium mineralization in the form of carnotite associated with the palaeochannel similar to the Langer-Heinrich mine.
Early stage exploration – large scale radon gas survey completed with additional radon gas survey to be completed; stratigraphic drilling taken place – results being condemnation drilling on areas that were once believed to be prospective; new exploration drill targets to be identified.
Aus-Garub
Uranium mineralization in the form of carnotite associated with the palaeochannel similar to the Langer-Heinrich mine.
Early stage exploration – large scale radon gas survey completed at Aus and being conducted at Garub; drill testing/trenching of anomalous targets at Aus to follow.
Warmbad
Rossing Mine and Valencia Deposit style mineralization – low grade uraniferous alaskite; some of the 14 originally identified alaskite bodies have found to be connected – 5 large bodies defined.
Exploration drill program currently underway since October 2007, with drilling activities taking place on Aluriesfontein, Big Yellow, and Gaobis. 8 zones of mineralized continuity (grades of 100PPM to 150PPM) discovered.  Combination of definition and exploration drilling to be conducted in 2009.

Canada

  1. 100% interest in the Corhill Property located 312 miles north-northwest of Yellowknife, Northwest Territories. The property, which consists of 18 mineral claims covering 30,628 acres, holds significant potential for Athabasca Basin-type uncorformity uranium deposits and the genetically related Coronation Hill (Australia)-type mineralization with associated gold and platinum group metals.

  2. Optioned Otish Uranium Property, located in Central Quebec, 310 kilometres northeast of the town of Chibougamou, a property consisting of 1,241 totaling approximately 61,194 hectares, to Santoy Resources, whereby Santoy has the option to acquire 100% interest.

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