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ExploratION PROGRAM

AUGUST 3, 2010

UTS and Teck recently completed a successful field program during the 2009/2010 winter season, with the objective of acquiring additional data in support of the planned regulatory application for the Frontier Project. The program included the drilling of 68 core holes for the purposes of resource delineation, and the completion of an extensive geotechnical and hydrogeological program for development of the detailed mine plan. A further 15 core holes were drilled on lands outside the Frontier Project leases to determine the suitability of potential locations for placement of facilities. The following summary table excludes such data.

Core Holes
Drilled Prior to 2009/2010
Season
Cores Holes Drilled During2009/2010
Season


Total Core Holes Drilled
 
WEST OF THE ATHABASCA RIVER
Equinox Project
(Lease 14)
124
124
 
Frontier Project
(Lease 311, 468, 470, 477, 610 & 840)



398



68



466
 
Leases 513 & 514

20

-

20
 
Leases 469 & 471

1

-

1
 
Leases 003, 611, 614, 615 & 915


4


-


4
 

EAST OF THE ATHABASCA RIVER
Lease 509, 510, 511, & 837

15

-

15
 
Leases 422 & 423

8

-

8
 
TOTAL
570
68
638


 

For further details please see UTS’ Annual Information Form (as at March 23, 2010)