TYPICAL PROJECT 7 YEARS

PHASE 1 – DETERMINE URANIUM POTENTIAL
DESKTOP STUDIES
GEOLOGICAL / GEOPHYSICAL SURVEYS,
INITIAL TARGET DEFINITION / ASSAYING
DATA SYNTHESIS

PHASE 2 – OUTLINE MINERAL RESOURCES
IDENTIFICATION AND INVESTIGATION OF PHASE 1 ANOMALIES
DRILLING TO DETERMINE RESOURCES POTENTIAL
DELINEATION OF POTENTIAL RESOURCES.

PHASE 3 – FEASIBILITY STUDY / MINERAL RESERVES
DRILLING TO DETERMINE RESOURCES POTENTIAL
DEFINITION OF RESOURCE DIMENSION AND GRADE.
DEFINITION DRILLING TO RAISE RESOURCES TO RESERVE STATUS
BULK SAMPLING FOR METALLURGICAL AND PROCESS TECHNOLOGY
DETERMINATION
BANKABLE FEASIBILITY
PRODUCTION DECISION

PHASE 4 – MINE DEVELOPMENT AND CONSTRUCTION


July 06, 2009
URANIUM BAY TO PROCEED WITH EQUITY PRIVATE PLACEMENT TO FINANCE THE START OF THE CORPORATION’S
EXPLORATION INITIATIVES

URANIUM BAY RESOURCES INC. (TSX-V: UBR)is pleased to announce that it is proceeding with a Hard Cash brokered private placement for a minimum amount of $ 180,000 and a maximum of $ 400,500. The placement is syndicated and D&D Securities Company is acting as the Agent for the brokered private placement. As of today, the Corporation has received
enough commitment and interest from brokers and other parties to meet the minimum goals of the
placement... (more)

URANIUM DEVELOPMENT STAGES
CORPORATION HISTORY
TECHNICAL REPORTS
THE WAY FORWARD
THE RÖSSING URANIUM MODEL