ASX ANNOUNCEMENT - InfoMine

9 th March 2010 ASX Code: UTO
ASX ANNOUNCEMENT
Drilling to Commence on
U3O8’s Clever Mary Project
U3O8 Limited ("U3O8") is pleased to announce that it will commence drilling on
the Company’s 100% owned Clever Mary project on or about the 17 th March 2010.
The Clever Mary project is located about 300 km east of Carnarvon in Western
Australia (Figure 1).
In total, 12 drill holes have been planned for an advance of approximately 1400 metres
of reverse circulation drilling. This drilling programme is partly funded by one of the
two Western Australian Government drilling grants received by the Company.
Figure1: U3O8 Limited Project Location Map

2
The Clever Mary project area lies in the Lower Proterozoic Gascoyne Province of Western
Australia and hosts the intersection of two major shear zones, the Minga and Chalba Shear
Zones. U3O8 is targeting both uranium and base metals at coincident radiometric and
electromagnetic anomalies identified by airborne surveys undertaken by the Company. The
acquisition of airborne electromagnetic data is important in prospecting for conductive bodies
in the vicinity of radiometric anomalies, a typical setting of unconformity-related uranium
mineralisation.
Of particular interest is the presence of a continuous graphitic shale and metachert which
wraps around the syncline at Clever Mary and which is intermittently exposed over a 15km
strike length and marked by gossans such as the Chance and Discovery gossans identified
by previous explorers, and known to contain grades of up to 7m @ 1.06% combined Pb/Zn
within graphitic clays.
Only one historic hole has intersected the unconformity on the project and confirmed the
presence of significant amounts of graphite within close proximity to the metamorphic
basement (Morissey Metamorphics and associated pegmatites and granites, showing strong
regional uranium anomalism).
Historical uranium exploration in the area by Agip Nucleare and Urangesellschaft was limited
to testing surficial occurrences and primary mineralisation within exposed basement. This
led to the discovery of grades up to 0.17% U 3 O 8 in drilling immediately to the north of Clever
Mary.
The Company expects the drilling to be completed by the end of March. Results will be
released as soon as available.
Further information relating to the Company and its various exploration projects can be
found on the Company’s website at: www.u3o8.com.au.
Stephen Mann 9th March 2010
Managing Director
Perth, WA
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves
is based on information compiled by S Mann, who is a Member of the Australasian Institute of Mining
and Metallurgy. S Mann has sufficient experience which is relevant to the style of mineralisation and
type of deposit under consideration and to the activity which he is undertaking to qualify as a
Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves'. S Mann consents to the inclusion in the
report of the matters based on his information in the form and context in which it appears.
U3O8 Limited
Level 3, 33 Ord Street, West Perth WA 6005
Telephone: (08) 9481 2243 Facsimile: (08) 9321 0070 Email: info@u3o8.com.au