Northern Continental Resources Inc.

Northern Continental Resources is exploring the Russell Lake Uranium Project situated south of Cameco's McArthur River Mine (the highest grade uranium property in the world) and north of the Key Lake processing facility (formerly a producing uranium mine). The all-weather road and power line servicing McArthur River transect the Russell Lake Project. NCR's 5,000 metre, $2.5m drilling program will be under way at Russell by the end of June 2007. Extensive geophysical work has been conducted to qualify targets on seven zones.