Windhoek — Pitchstone Exploration Ltd has announced the continuation of exploration on the Dome property in Namibia.

The project is a uranium exploration joint-venture between Pitchstone (60%) and private company Manica Minerals Ltd, (40%) through Manica's wholly-owned subsidiary Cheetah Minerals Exploration Ltd. The property location is relative to the Rossing and Langer Heinrich uranium mines, and other uranium occurrences in the western Namibian uranium district.

Detailed electromagnetic surveying and radiometric prospecting are underway under the direction of Remote Exploration Services, a geological consulting group based in South Africa.

This exploration is designed to follow up on uranium mineralization discovered by prospectors and intersected in recently completed drill holes in the Dome North area. Mineralization is calcrete-hosted similar to that at the Langer Heinrich uranium mine, 70 kilometers to the northeast. The current program is designed to define paleochannels and will be followed with additional drilling.

Pitchstone has arranged with Bryson Drilling to complete up to an additional 6,000 meters of core drilling on its Athabasca Basin, Saskatchewan properties. Drilling will focus on Pitchstone's highly prospective, 100% owned Gumboot property where significant uranium mineralization has been intersected (see September 9, 2009 News Release).

Pitchstone also announced that it has granted 900,000 stock options to directors, officers and employees. The options have an exercise price of US$0.40 and will expire on November 25, 2014.

Pitchstone is exploring for uranium in three proven districts in Canada and Namibia. The property portfolio features 12 projects in the eastern Athabasca Basin, Saskatchewan, four of which are 100% owned. In addition, there are several joint venture projects in the Hornby Bay Basin, Nunavut and a joint venture on two projects in Namibia.