Plateau Uranium Negotiates First Access Agreement with Chaccaconiza Community and Announces New Prospecting Discovery - Seite 3

The Company is currently following up this new discovery at Falchani with a 4-6 diamond drill hole program as an initial drill test.

Sampling Methodology and QA/QC

Natural gamma radiation from outcrop prospecting reported in this news release was measured in counts per second (cps) using Exploranium GR-135 gamma-ray scintillometer/spectrometers. The reader is cautioned that total count gamma scintillometer measurements may not be directly or uniformly related to uranium contents in the samples measured; they should be used only as an indication of the presence of radioactive minerals.

Outcrop samples were collected using geological hammer at/near surface. Samples were labelled, bagged and sealed and submitted to Certimin's sample analytical laboratory in Lima for sample preparation, processing and ICP-MS/OES multi-element analysis. Certimin is an ISO 9000 certified assay laboratory. The program was designed to include a comprehensive analytical quality assurance and control routine comprising the systematic use of Company inserted standards, blanks, field duplicate samples and internal laboratory standards.

Qualified Persons

Mr. Ted O'Connor, P.Geo., CEO and a Director of Plateau Uranium and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Plateau Uranium

Plateau Uranium Inc. is a Canadian uranium-lithium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. The Company controls all reported uranium resources known in Peru, significant and growing lithium resources and mineral concessions covering over 91,000 hectares (910 km²) situated near significant infrastructure. Plateau Uranium is listed on the TSX Venture Exchange under the symbol 'PLU', quoted on OTCQB under the symbol "PLUUF" and on the Frankfurt Exchange under the symbol 'QG1'. The Company has 58,043,354 shares outstanding.

Forward Looking Information

This news release includes certain forward-looking statements concerning possible future mining and production. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks and uncertainties relating to the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; the potential for delays in exploration or development activities; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which we operate; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the certainty of title to our properties; risks related to the uncertain global economic environment; and other risks and uncertainties related to our prospects, properties and business strategy, as described in more detail in Plateau Uranium's recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and Plateau Uranium cautions against placing undue reliance thereon. Neither Plateau Uranium nor its management assume any obligation to revise or update these forward-looking statements.