Hathor Exploration Limited (HAT–TSX.V) is pleased to announce that it has received geochemical results for basement-hosted mineralization encountered in diamond drill hole MWNE-08-12 at the Roughrider Zone on its 90%-owned Midwest NorthEast project. Significant intersections, listed below, include nickel (Ni) values up to 17.22%, cobalt (Co) to 1.92%, molybdenum (Mo) to 2.35% and copper (Cu) to 0.34%. These results occur within the 46.4 metre zone of uranium mineralization (having U₃O₈ assay results of up to 40.2%) intersected in drill hole MWNE-08-12 (see Hathor News Release dated March 3, 2008).

Metals such as nickel, cobalt, lead and arsenic are commonly associated with unconformity-associated uranium deposits in the Athabasca Basin.

For example, at the planned open-pit Midwest mine of AREVA Resources Canada Inc., Denison Mines Corp. and OURD Canada Co. Ltd., report NI 43-101 compliant Probable Ore Reserves of 345,500 tonnes at an average grade of 5.47% U₃O₈, 4.37% Ni, and 0.33% Co. This sandstone-hosted ore deposit, located about 5 km southwest of Hathor’s Roughrider Zone, consists primarily of uranium oxides (uraninite and pitchblende) with a suite of Ni-Co arsenides, sulphides and sulpharsenides in a clay matrix.

All samples were analysed by ICP-ES at the Geoanalytical Laboratories of the Saskatchewan Research Council (SRC). The facilities used for the analysis operate in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration Laboratories. All metal intervals reported below have been taken to a 0.1% cut-off.

Hathor Exploration’s Senior Project Geologist, Dr Alistair McCready, commented: “These high metal values within the basement, emphasize the potential for significant unconformity-style mineralization to occur at/or above the unconformity such as seen at the AREVA’s Mae Zone located 1,800 m to the southwest.”

Terra Ventures Inc. (TAS‐TSX.V) owns a 10% production carried interest in the Midwest NorthEast property.

Benjamin Ainsworth, P.Eng., a director of the company and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

Hathor continues to aggressively advance its portfolio of Athabasca region uranium exploration projects. This area accounts for approximately 25% of the world's annual mine production of uranium. All of this production comes from unconformity-style uranium ore deposits, the highest-grade uranium ore deposits in the world.

For more information on Hathor, please visit the company's website: www.hathor.ca.

Hathor Exploration Limited (HAT–TSX.V) is pleased to announce the preliminary results from the last eight holes drilled on its Midwest NorthEast Project in the eastern Athabasca Basin of Saskatchewan. These holes now complete the winter drilling program at the Project. Since January, 2008, two diamond drills contracted from Boart Longyear Inc. have completed 29 NQ-sized diamond drill holes totalling 10,654 metres. The successful program included the discovery of the Roughrider Zone in drill hole MWNE-08-12 which intersected uranium mineralization including 11.9 metres grading 5.29 per cent U₃O₈ .

Preliminary scintillometer results for four of the holes are set out below. Natural gamma emission radiation in drill core is measured in counts per second (cps) using an Exploranium GR-110G gamma-ray scintillometer. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. Because of the length of time before laboratory assay results are available, Hathor uses scintillometer readings as a reliable guide for its continuing drill program. As an example, off-scale scintillometer readings in hole MWNE-08-12 returned laboratory assay results grading as high as 40.20 per cent U₃O₈ over a 20-centimetre core interval.

Scintillometer results of greater than 999 cps are presented in the tables below. Also, please refer to the map or at www.hathor.ca for scintillometer results relating to diamond drill holes in the vicinity of the Roughrider Zone.

Drill hole MWNE-08-22, collared from the same set-up as MWNE-08-20, was an angle hole drilled at – 73^O at an azimuth of 135^O to a total depth of 324metres. Scintillometer results >999 cps are:

Drill hole MWNE-08-23, collared from the same set-up as MWNE-08-21, was an angle hole drilled at – 77^O at an azimuth of 135^Oto a total depth of 354metres. Scintillometer results >999 cps are:

Drill hole MWNE-08-24 was an angle hole drilled at – 71^O at an azimuth of 135^Oto a total depth of 342 metres. Scintillometer results >999 cps are:

Drill hole MWNE-08-25 was an angle hole drilled at – 70^O at an azimuth of 135^Oto a total depth of 354metres. This drill hole did not intersect any anomalous radioactivity. However, from 185 to 229m, the drill hole intersected a zone of strong alteration (bleaching, argillization, desilicification, secondary hematite, limonite) and structure (locally up to 50% core loss) that are comparable to that seen in MWNE-08-10. The drill core observations, coupled with the current understanding of the area, suggest that this drill hole may have overcut the mineralized structures that control the Roughrider Zone.

Drill hole MWNE-08-26, collared from the same set-up as MWNE-08-24, was an angle hole drilled at– 79^O at an azimuth of 135^Oto a total depth of 381metres. Scintillometer results >999 cps are:

Drill hole MWNE-08-27, collared from the same set-up as MWNE-08-25, was an angle hole drilled at – 60^O at an azimuth of 135^Oto a total depth of 315metres. This drill hole did not intersect any anomalous radioactivity. However, from 142-164m and 240-257m, the drill hole intersected multiple brittle structures with up to 70% core loss locally. The drill core observations, coupled with the current understanding of the area, suggest that this drill hole may have overcut the mineralized structures that control the Roughrider Zone.

Drill hole MWNE-08-28 was an angle hole drilled at – 70^O at an azimuth of 135^Oto a total depth of 318metres. Scintillometer results >999 cps are:

Drill hole MWNE-08-29 was a vertical hole drilled approximately 1.5km from the Roughrider Zone, to a total depth of 351metres. This drill hole was designed to increase the geological knowledge in that area of the property.

The following is a summary of the holes drilled earlier in the winter drill program:

Diamond drill holes MWNE-08-0