Adrar Emoles # 3 – Dajy Deposit

• 17,000,000 lbs U₃O₈ to date
• Structure is open for resource expansion
• Located 30 km SE of Imouraren deposit (~320 million pounds), AREVA’s most advanced new uranium project
• Japanese identified large tonnage, high grade potential through drilling a zone with mineralization up to 1,000 ppm U₃O₈: 3.5 km long x 0.4 km wide, along the major NE-SW lineament called the Azouza fault, on which is located the Teguida deposit currently being developed by China Nuclear
• Dajy uranium mineralization is hosted in three sandstone units: Tarat sandstone, same unit as AREVA’s Somair open pit mine and the Guezouman sandstone, same as AREVA’s Cominak mine and the Madouela sandstone, which hosts Goviex’s “Madouela” deposit
• Only the Tarat unit is included in the resource calculation at this time
• Next phase of drilling for infill and resource expansion

Adrar Emoles # 4 – Isakanan Deposit

• 33,000,000 lbs U₃O₈ drilled to date
• Shallow, ramp access, U/G deposit
• Located 15 km SE of the Dajy deposit
• Isakanan uranium mineralization is hosted in two sandstone units: Guezouman sandstone, same unit as AREVA’s Cominak underground mine and the Madouela sandstone, hosting Goviex’s Madouela deposit
• Only the Madouela is included along strike of a local fault called the Kakan fault
• Global completed first phase drilling in 2009 to confirm historic Japanese results

BEST HISTORICAL DRILLING
G176             3.3 metres @ 2,000 ppm
G146           2.95 metres @ 1,300 ppm

BEST CURRENT DRILLING – FEBRUARY, 2009
AE001           3.76 metres @ 2,197 ppm
AE005           4.02 metres @ 1,653 ppm