The board of Uranio A.G. have commissioned SRK Consulting in the development of their wholly owned licences in the Central African Republic and Argentina

Uranio AG / Miscellaneous

04.09.2009 

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this
announcement.

---------------------------------------------------------------------------

Uranio AG            Hirschgässlein 30   Frankfurt: UAI WKN: A0MKD4
www.uranio.ch        CH-4010  Basel      Telefon: +41 (0) 61 271 27 70
                     Switzerland         Fax: +41 (0) 61 271 27 71


Basel, 4th September 2009   News Release 3-2009

The board of Uranio A.G. have commissioned SRK Consulting in the
development of their wholly owned licences in the Central African Republic
and Argentina

In the Bakouma project area, in the Central African Republic, is situated
in the centre of the country. The licences occupied by Uranio have been
sub-divided into the North Bakouma area and the Ndengueiro area. In the
North Bakouma area uranium mineralization has been identified in fault
zones as high grade pods. By contrast mineralization in Ndengueiro is
associated with less deformed rocks and comprises of more disseminated
style of mineralization. During the next field season SRK will implement an
exploration and drilling program in north Bakouma with the aim of
developing a resource estimate in the next 12 months. For Ndengueiro the
company will initiate an environmental and exploration program at the same
time.

For the 11 licence areas in Argentina SRK has been commissioned to complete
a desk study and review of the holdings in order to devise a strategy for
the development of the Uranio holding.

San Sebastian project La Rioja Province

The concessions in this area are of about 3450 hectares. The san Sebastian
mine was a major uranium mine in Argentina. The historic production from
the mine is not particularly large and has been quoted as being 1200 tons
at a grade of 0.19 wt % U3O8 given as 228 t U3O8.

Known uranium occurs as veins and disseminations in a Permian
siltstone-quartzite. Uranium at the San Sebastian mine was originally mined
underground but was finally bulk mined by open pit methods. Consequently,
bulk-mineable deposits are the most likely targets in the area along with a
secondary target of the smaller tonnage high grade vein mineralization.
Los Colorados district, La Rioja Province

Los Magotes Colorado, historic production of as 600 t U3O8. These deposits
are hosted in carboniferrous-Permian age mudstone. Anticipate roll front
and possibly unconformity an intrusion hosted uranium type deposits in the
license areas.

Malanzan and Olta District, La Rioja Province

The Malanzan-Olta Distric consists of seven concessions totaling 58,664
hectares. There are several small areas of pre-existing concessions that
are excluded from these concessions. The concessions comprises of Olta
(44,552 heatares) and Malanzan (14,112 hectares) Distric in La Rioja.

Uranium deposits are known from several locations along the palaeochannel,
as well as in the surrounding metamorphic rocks immediately below the
unconformity. Olta 3 concessions includes a conglomerate with 1,600 ppm
uranium that occurs about 50 meters above an unconformity with underlying
schist, geneiss and granitic rock.

The above license areas are part of the holdings of Uranio AG in Argentina.
The rest of the concessions are host to uranium and will be included in the
study


Luca Tenuta (CEO)
Uranio AG
 
Disclaimer:
This document was prepared by Uranio AG. The opinions stated herein are
those of Uranio AG at the time of publication and are subject to change at
any time. The document is only for the purpose of information and use by
its recipient. It is neither an offer nor an invitation to purchase or sell
Uranio AG shares. A reference to the performance of the past shall not be
understood as an indication of future developments. The information and
analysis contained in this publication have been compiled from sources that
are deemed to be reliable. However, Uranio AG gives no guarantee with
regard to their reliability and completeness and rejects any claim for
damages that may be the result of use of this information.


04.09.2009  Financial News transmitted by DGAP

---------------------------------------------------------------------------