18th April 2012
Quarterly Report for the three month period ending 31st March
• Diamond drilling continued on Olary Creek iron ore targets. The
current programme totalled 24 diamond drill holes for an advance of
7052.6 metres. Drilling ceased at the start of the Quarter.
• Diamond drilling will continue at Olary Creek in 2012, with a
further 10,000 metres of reverse circulation and diamond drilling
planned for the first half of 2012.
• U3O8 Limited signs Joint Venture Agreement on the Cerro Chacon
Gold Project in Argentina.
• The Company continues to pursue quality projects in Australia and
• U3O8 Limited has $4.81 million cash on hand at the end of