The radiometric component of the airborne geophysics provides the location of surface uranium anomalies. One outcrop of Los Adobes conglomerate and sandstone was identified using the geophysics and rocks from the outcrop and yielded a chemical assay of 15.70 lbs U3O8/short ton. American Assay Laboratories Inc. of Sparks, Nevada conducted the chemical analysis for the samples reported using XRF method (X-ray fluorescence).
Drilling on the Cerro Solo properties by the Company during 2008 showed that faults exhibited some control on uranium mineralization. Planning for the 2009 drilling program will utilize this geophysical information to aid in the identification of new uranium targets.
About Urex Energy Corporation
Urex Energy Corp. is focused on actively exploring and developing uranium properties in Argentina and New Mexico. Urex owns a 99.8% interest in the Rio Chubut property comprised of 170,000 hectares of land which is adjacent to the Cerro Solo Uranium deposit located in Chubut Province within Patagonia of southern Argentina.
Urex also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico. The La Jara Mesa Extension property lies adjacent to Laramide Resources Ltd.'s La Jara Mesa deposit. Between 1950 and 1978 the Grants Mining District produced 270 million pounds of uranium oxide which ranks it as the most prolific uranium district in the United States.
Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Urex Energy Corporation
Mr. Al Kau, 888-795-3166
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