Emu Nickel NL (ASX:EMU) Up To 823ppm Uranium In Calcrete At Barlee South

Perth, April 29, 2010 AEST (ABN Newswire) - Emu Nickel NL (ASX:EMU) has completed first pass soil sampling at its 100%-owned Barlee South uranium prospect situated 200km NNE of Southern Cross. The sampling targeted an area of anomalous radiometric responses evident in regional survey data. Uranium values up to 823ppm (0.97kg U3O8 per tonne) have been obtained from this sampling, outlining three anomalous areas within a clay pan and lake embayment on the edge of Lake Barlee as shown in the map below (see the link at the bottom of the release). The sample spacing ranged from 200m x 200m to 200m x 400m.

The main anomalous area is 700m by 400m in area and averages more than 200ppm U in soils based on a 50ppm U threshold. The northern two anomalies are 900m and 2000m long respectively and 100-200m wide based on the 50ppm U threshold. The uranium anomalism is associated with calcrete occurrences and remains open in several directions. Extensive deposits of calcrete have been mapped to the south of the anomalous areas.

Emu is preparing to extend the area of sampling, including the calcrete area to the south, in order to outline the full extent of the anomalies and to define drilling targets at this new calcrete uranium prospect.

For the complete Emu Nickel NL announcement including the map, please refer to the following link:

http://www.abnnewswire.net/media/en/docs/62727-ASX-EMU-488990.pdf

Contact

Roger Thomson Technical Director Tel: +61-8-9226-4266 Mob: +61-419-969-183 Email roger@emunickel.com.au George Sakalidis Managing Director Tel: +61-8-9226-4266 Mob: +61-411-640-337 Email george@emunickel.com.au