Company Overview

Cue Resources Ltd. is a Vancouver, Canada based exploration company focused on developing the Yuty Uranium Project in Paraguay. Run by a team of experienced industry professionals, Cue is rapidly becoming one of the leading junior companies in the uranium sector.

The main activities of Cue are focused on the Yuty Uranium project in southeastern Paraguay. This property was extensively explored in the late 1970's and early 1980's, leading to the discovery of significant uranium mineralization in a roll-front environment. Activities then ceased with the global fall in uranium prices. Worldwide, deposits of this nature are commonly recoverable through the use of in situ leach technology. Two major drilling campaigns have now been completed by CUE. Phase 1 (30 holes, 3672m) and Phase 2 (100 holes, 12 000m) have led to the completion of a new NI 43-101 compliant resource report.

The new resource report was announced in April, 2009. Compared to the previous independent resource estimate, the contained uranium on the Indicated category has increased by 77% and the associated grade by 40%.

Indicated Resource	9.0M tonnes @ 0.042 % eU3O8	containing 8.3M lbs eU3O8
Inferred Resource	1.1M tonnes @ 0.050 % eU3O8	containing 1.2M lbs eU3O8