Ditem Explorations

Ditem Explorations is an uranium exploration and development company listed on the Venture Exchange of the Toronto Stock Exchange (TSX-Vx) under the symbol DIT.

The company has been publicly listed since 1995. The company’s main objective is to maximize return to shareholders through exploration and development success.

Ditem is presently exploring three high potential uranium properties. Of the three, one is situated in the Otish Basin in north-central Quebec (Otish Uranium Property, 320 km²) and two (the Beartooth Project and the Cree Lake Property totaling respectively 230 km² and 830 km²) are situated in the Lake Athabasca Basin in Saskatchewan. Other properties and exploration projects in Quebec and the Athabasca Basin are being reviewed for acquisition and earn-in as part of the company’s on-going activities.

The company has put together two experienced and dynamic regional exploration groups for each of the two Basins.  Two financings for a total of $3 M are to be completed in December 2006 and will be used to undertake the proposed uranium exploration programs. The company hopes to undertake drilling on the Beartooth and Otish Uranium properties in the first quarter of 2007. The work program on the Cree Lake Project is expected to be completed during the first half of 2007.

Ditem Explorations Uranium Properties

Clickable Map showing:
Ditem Explorations
properties in Canada

Ditem Lists In Frankfurt

Ditem Explorations has listed on the Frankfurt Stock Exchange under the symbol D8X, allowing our European investors to trade more easily.

Exploration Underway at Cree Lake, and Beartooth Island in the Athabasca Basin

Ditem Explorations has commenced geophysical data acquisition on its two exploration blocks in the uranium rich Athabasca Basin of Northern Saskatchewan.

At Cree Lake, we have contracted Geotech of Aurora, Ontario to conduct a high-res airborne V-TEM survey over the 83,070 Ha block. in order to map the occurrence of Athabaska group sediments in the area. The survey is underway and we expect that the results will be delivered early enough for us to plan further work in the spring, on those areas of the block that are lake covered. We are considering the deployment of a shallow seismic, sub-bottom profiler in order to accomplish this.

At Beartooth Island : the final results of las August`s MEGATEM survey have been received and will be combined with the MT logger survey that is underway, in order to define targets for this summer`s drilling program. As at Cree lake, the deployment of a shallow marine seismic spread is being considered.

Ditem Highlights

Strong growth potential in 2007

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