First Uranium Corporation T.FIU

RE: RE: RE: Deon on the road for promotion,why not

[lefmike1]

Is EZEE worth the hassle?   You figure it out....   I know it is....


The original Ezulwini Mine was constructed in the 1960s and reached production of 200,000 tpm the same decade. Currently the major assets and facilities associated with the Project are:

• Measured and Indicated Mineral Resources of 13.2 million tonnes grading

6.24 g/t Au and containing 2.7 million ounces of gold and 6.7 million pounds

of U3O8.

• Inferred Mineral Resources of 159 million tonnes grading 5.0 g/t Au and

containing 25.5 million ounces of gold and 189 million pounds of U3O8.

• A developed and equipped underground mine and infrastructure with

workings to over 1,000 m below surface.

• A 100,000 tpm capacity gold ore grinding circuit and a 200,000 tpm capacity

gold leaching circuit which is operating but is not yet at full capacity.

SCOTT WILSON RPA www.scottwilson.com

First Uranium Corporation – Ezulwini Preliminary Assessment

Technical Report NI43-101 – February 2, 2011

Page 1-2

• A 100,000 tpm capacity uranium ore grinding and recovery plant which is in

the commissioning stages and in the process of being re-started subsequent

to the failure of the IX column in August 2010.

• Surface facilities, management and technical staff and mine and mill

employees.

This Report reviews the progress made since the last report and presents Scott Wilson

RPA’s review of First Uranium’s plans going forward.