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SXR
SXR
sxr Uranium One Inc. - News Release
sxr Uranium One Inc.
26 Wellington Street East, Suite 820
Toronto, Ontario M5E 1S2
Share code on the JSE: SXR & ISIN: CA87112P1062
Share code on the TSX: SXR & ISIN: CA87112P1062
("Corporation")
Trading Symbol: SXR - Toronto Stock Exchange, JSE Limited
NEWS RELEASE
July 24, 2006
Toronto, Ontario
Uranium One Files Independent Technical Report on Dominion Project
Toronto, Ontario and Johannesburg, South Africa -- sxr Uranium One Inc. (TSX
and JSE: SXR) today announced that it has filed on SEDAR (www.sedar.com) an
independent technical report prepared by SRK Consulting in accordance with
NI 43-101 in connection with the increase in uranium resources at the
Dominion Project announced on June 14, 2006.
A copy of the independent technical report is available on Uranium One"s
website at www.uranium1.com.
About sxr Uranium One
sxr Uranium One Inc. is a Canadian uranium and gold resource company with a
primary listing on the Toronto Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange. The Corporation owns the Dominion Uranium
Project in South Africa and the Honeymoon Uranium Project in South
Australia, and is actively pursuing growth opportunities in the western
United States. The Corporation holds a 79% interest in Aflease Gold
Limited, which owns the Modder East gold project in South Africa. Through a
joint venture with Pitchstone Exploration Ltd., the Corporation is also
engaged in uranium exploration activities in the Athabasca Basin of
Saskatchewan.
For further information please contact:
Neal Froneman Chris Sattler
Chief Executive Officer Vice President, Investor
Relations
Tel: + 27 11 482 3605 Tel: +1 416 350-3657
Cautionary note concerning forward-looking statements and disclosure of
mineral resources: Statements in this release that are not historical facts
are "forward-looking statements" involving known and unknown risk and
uncertainties which are beyond the ability of the Corporation to control or
predict and which could cause actual events or results to differ materially
from those anticipated in such forward-looking statements.
To receive the Corporation"s news releases by email, please register on the
Corporation"s website: www.uranium1.com
The TSX has neither approved nor disapproved of the information contained
herein.
Date: 24/07/2006 04:02:52 PM Produced by the JSE SENS Department
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