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To: Goose94 who wrote (3304)	1/27/2014 8:24:50 AM
From: Goose94	Read Replies (1) of 202401

International Enexco (IEC-V) Jan 27, '14 proposed 13,000-metre diamond drill program on the Mann Lake uranium project has commenced under the direction of project operator, Cameco Corp. The budget for the 2014 program is $2.9-million with Enexco's portion being $870,000. The 2014 winter drill program will include up to 18 diamond drill holes evaluating three types of targets: a preliminary evaluation of the area footwall to the western axis of the C trend, the initial evaluation of the conductive features near the western margin of the Wollaston sedimentary corridor and the completion of the systematic evaluation of the remaining targets along the main C trend. The drill program will be carried out in co-ordination with Cameco's drill programs planned on adjacent projects. The Mann Lake 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 m and 5.53 per cent U308 over 0.4 m at depths of just over 500 m. Qualified person Dr. William Willoughby, PhD, PE, is the company's qualified person for the purposes of National Instrument 43-101 and has prepared or supervised the preparation of the disclosure of any scientific and technical information contained in this news release.

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