Strategy

Strong Partners

Industry - Canyon Resources Corporation, Energy Metals Corporation – now part of Uranium One Corporation

Financial – Haywood Securities, International Royalty Corporation

Acquisition of  Derivative Properties

Colorado Property under Investigation – large historic data base

Argentina – Investigating large area position in new emerging area

Other – Continuing and new investigations in Wyoming, Colorado, Utah, New Mexico and Texas

Control of Large Prospective Area in Wyoming

Converse Uranium Project – Canyon Resources Corporation

Sand Creek  JV – Converse and High Plains

Methodology

Look for Acquisition of Leases, Option properties, Claims based on:

Data/historic files

Utilize knowledge of regional uranium districts and historic production to
identify targets in:

Colorado Plateau (Colorado, Utah), the Wyoming Powder River Basin, New Mexico Grants District, the Texas Coastal Region, Canada (Athabasca & Quebec) and Argentina uranium districts.

Drill for pounds.

Develop Near-term Production Play/Cash Flow for selected projects:

Underground mines requiring mine development costs, minimum environmental disturbances

Mines in proximity to existing mining and trucking distance to licensed mill

Look for Additional Mid-stage large exploration plays:

Rapid value generation

Drill–ready upon financing

Large Blue-sky potential on multiple properties in Argentina and other North American locations using:

The New Horizon team with extensive contacts and experience in Argentina

The New Horizon team working on investigations of additional major uranium plays in key areas as result of IRC relationship and the team has extensive industry contacts and involvement in the uranium industry