Khan Resources Issues Update on Mongolia and the Dornod Uranium Project

Khan Resources Inc. (TSX: KRI) is pleased to provide an update on the political situation in Mongolia as it relates to the mining industry. On October 1, 2008, President Nambaryn Enkhbayar in his opening speech to the Mongolian Parliament said "It is the reality that Mongolians cannot invest in deposit independently, introduce advanced technology and provide qualified experts. Therefore, there is no other way than attracting major investors, their financial resources, technology and experts. Investors would want to calculate their investment returns and control expenditures of their investment. They would aspire to recover their investment and make profit. This is natural." President Enkhbayar continued, "Therefore, there is no other way than for all parties concerned to accept market principles of allowing the investors to own more than 51% of the deposit". An excerpt of the translated speech can be found at www.khanresources.com.

The Mongolian government has recently established a new Ministry of Mines and Energy. Mining was previously a division of the Ministry of Industry and Trade.

Khan Resources has demonstrated its confidence in Mongolia by launching a US$5 million project to build a power line and a sedimentation pond for the Dornod Uranium Project as announced on September 18, 2008.

"These recent developments in Mongolia are encouraging and we look forward to progressing in our discussions with the Mongolian government. Khan Resources has a strong financial position and a world-class uranium deposit. Therefore, regardless of market conditions, we feel that the Company is significantly undervalued" stated Martin Quick, President and CEO of Khan Resources.

Forward-Looking Statements

This press release may contain forward-looking statements, which are subject to certain risks, uncertainties and assumptions. A number of factors could cause actual results to differ materially from the results discussed in such statements, and there is no assurance that actual results will be consistent with them. Such forward-looking statements are made as at the date of this news release, and Khan Resources assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances, except as may be required under applicable securities law.

Khan Resources (TSX: KRI) is a Canadian company engaged in the acquisition, exploration and development of uranium properties. Its current activities are focused on the Dornod area in north eastern Mongolia, the site of a former Russian open-pit uranium mine. Khan holds interests in the Main Dornod Property, licensed for mining, and in the Additional Dornod Property, licensed for exploration. The Company's website is www.khanresources.com.

Contacts: Investor Relations Contacts: Khan Resources Inc. Martin Quick, President & CEO Office: (416) 360-3405 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.khanresources.com The Buick Group Jon Ruby Office: (416) 915-0915, Ext. 301 Toll Free: 1-877-748-0914 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE: Khan Resources Inc.

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Published: 03 October 2008
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Hathor Drills 46 Metres Grading 3.25% U3O8 at Midwest NorthEast Property

Hathor Exploration Limited (TSX-V: HAT) is pleased to announce more significant assay results for basement-hosted uranium mineralization in diamond drill holes MWNE-08-33, MWNE-08-34 and MWNE-08-35.

For a complete list of assay results for drill holes MWNE-08-33 through MWNE-08-35, all recently completed during the summer 2008 drill program on Hathor's 90%-owned Midwest NorthEast project, and a drill hole location map, please visit Hathor's website at: www.hathor.ca.

Highlights from U3O8 assayed core-length intervals(i) (using a 0.05 % U3O8 cut-off grade) include:

Published: 02 October 2008
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Read more: Hathor Exploration Limited ( HAT )

UEX reports N.I. 43-101 compliant mineral resource for Horseshoe Deposit containing 18.693 million pounds of U(3)O(8) in the indicated category, and 1.426 million pounds U(3)O(8) inferred at a 0.05% cut-off, with positive metallurgical results

UEX Corporation ("UEX") is pleased to announce that it has received a National Instrument 43-101 ("N.I. 43-101") compliant mineral resource estimate report from Golder Associates Ltd. ("Golder") of Saskatoon, SK, for UEX's Horseshoe Uranium Deposit. The Horseshoe Deposit ("Horseshoe") is located within UEX's 100%-owned Hidden Bay Project in the eastern Athabasca Basin uranium district of northern Saskatchewan, Canada. The September 2008 mineral resource estimate contains 3.578 million tonnes grading 0.237% U(3)O(8) in the indicated category containing 18.693 million pounds of U(3)O(8), and 0.311 million tonnes grading 0.208% U(3)O(8) in the inferred category containing 1.426 million pounds of U(3)O8 at a cut-off of 0.05% U(3)O(8).

Published: 29 September 2008
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Read more: UEX Corporation ( UEX )

Quest Uranium Returns up to 25.4% U3O8 on James Bay Area Uranium Option Properties, Quebec

- Prospectors have discovered high U3O8 grades of between 2.3% - 25.4% from grab sampling of newly-discovered mineralized boulders and in historical trenches on Quest's Sannon-Seggau option property in the LG4 reservoir area - Earlier-completed airborne geophysical surveys in the area show the occurrence to be associated with a two-kilometre long radiometric anomaly - Prospectors recently completed follow-up evaluation of this and other occurrences on Quest's option properties in the area, with additional favourable results

Quest Uranium Corporation ("Quest") (TSX VENTURE: QUC) and exploration partner Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) are pleased to announce that recent prospecting over their Sannon-Seggau properties, James Bay area, Quebec, have returned high uranium grades of up to 25.41% U3O8 from grab sampling of newly-discovered uraniferous boulders and from historical trenches observed on their claims (see Table 1).

Published: 25 September 2008
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Read more: Quest Uranium Corporation ( QUC )

Strateco Resources/Matoush: NI 43-101 Available on SEDAR

Strateco Resources Inc. ("Strateco") (TSX: RSC) (OTCBB: SRSIF) (FRANKFURT: RF9) is pleased to announce that the updated NI 43-101 resource estimate, prepared by Scott Wilson Roscoe Postle Associates ("Scott Wilson RPA"), for the Matoush uranium project is now available on SEDAR and on our website (www.stratecoinc.com). The wholly-owned Matoush property is located 300 km north of Chibougamau in the Otish Mountains, Quebec.

The updated NI 43-101 resource estimate for the Matoush uranium project showed Indicated Mineral Resources estimated to total 250 thousand tonnes grading 0.68% U3O8 containing 3.73 million pounds U3O8 and Inferred Mineral Resources estimated to total 1.3 million tonnes grading 0.44% U3O8 containing 13.07 million pounds U3O8.

Published: 23 September 2008
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Read more: Strateco Resources Inc ( RSC )
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