Logan Resources Ltd. - Englishman

Shell Creek Heidi Cheyenne May Creek Turn River

Englishman

Albert Creek Antler Creek Redford

Carswell Uranium Project

Englishman - Uranium
Yukon Territory, Canada

Logan has the option to earn a 100% interest subject to a 2% NSR in 16 mineral claims covering 826 acres (334.5 hectares). The property is located 160 km East of Whitehorse and 60 km NE of Teslin, Yukon Territory

The property was originally staked as the ABBA claims by Urangesellschaft and Eldorado Nuclear in 1978-1979 during follow up to a regional reconnaissance radiometric survey conducted by the company. Detailed airborne and ground radiometric surveys, mapping and sampling were conducted by Urangesellschaft in 1979. Sampling by Urangesellschaft, identified widespread stream silt uranium anomalies with silt samples returning values to 5280 ppm (0.528%) uranium and bedrock samples up to 900 ppm (0.09%) uranium with anomalous lead and molybdenum. In the same year, Eldorado Nuclear added a large block of claims to the south and conducted mapping, radiometric surveying and geochemical sampling. With the collapse of the uranium market, interest waned and the claims were allowed to lapse. In 1985, the GSC conducted a regional stream silt sampling program of the Yukon. The highest uranium value 481 ppm (0.0481%) recovered for the entire program was found on this property.

This is a very attractive exploration project because the uranium discovered to date is secondary and inferred to be structurally controlled. Streams draining the property are highly anomalous for uranium but the bedrock source has not been located yet and silt samples from the property return values to 5280 ppm U (0.5280%). Bedrock samples return values to 900 ppm U (0.09%) with anomalous lead and molybdenum.

The Company's 2007 exploration program includes prospecting, mapping, geochemistry and airborne radiometric surveys.

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