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To: Goose94 who wrote (2430)	11/13/2013 8:42:55 AM
From: Goose94	Read Replies (1) of 202423

International Enexco (IEC-V) Mann Lake exploration drill program will begin January, 2014 Nov 13, '13 International Enexco Ltd.'s 2014 Mann Lake exploration drill program will begin January, 2014. Cameco Corp. is the project operator. The proposed budget for the 2014 program will be $2.9-million with Enexco's portion being $870,000. The 2014 drill program will consist of up to 18 diamond drill holes and will evaluate three types of targets: a preliminary evaluation of the area footwall to the western axis of the C trend, the completion of the systematic evaluation of the remaining targets along the main C trend and the preliminary evaluation of the conductive features near the western margin of the Wollaston sedimentary corridor. The 2014 drill program will be carried out in co-ordination with Cameco's drill programs planned on adjacent projects. The Mann Lake uranium project is located in the heart of what is undisputedly the most prolific and highest grade uranium region in the world, the Athabasca basin in Saskatchewan. Mann Lake is 25 kilometres southwest of Cameco's McArthur River mine and is 20 km northeast of Cameco's Millennium deposit. High-grade basement-hosted uranium mineralization was discovered at Mann Lake during a 2006 drill program. The two highest grade intervals are 7.12 per cent U308 over 0.25 metre and 5.53 per cent U308 over 0.4 m at depths of just over 500 m. "We are very pleased with the continued enthusiasm our joint venture partners have shown on Mann Lake and are approaching the 2014 program with great expectations," commented Arnold Armstrong, president and chief executive officer. Enexco is a 30-per-cent partner in a joint venture with Cameco (52.5 per cent) and Areva (17.5 per cent) to explore the Mann Lake uranium project in the Athabasca basin in Saskatchewan. We seek Safe Harbor.

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