Australia

Pancon's Australian uranium project portfolio includes four projects:

Chilling located in the northern part of the Northern Territory

Charley Creek located in the southern part of the Northern Territory

Kalabity located in South Australia

Pancon's Australian uranium properties are held in joint venture with Crossland Uranium Mines Limited, an Australian company. Pancon has earned a 50% interest in Crossland's significant uranium project portfolio in Australia through the expenditure of Australian $8 million over four years.