An international explorer with a clear strategy:

Exploration and development of uranium projects to meet renewed world demand for efficient energy resources

International outlook for exploration and development opportunities – looking “outside the square”

Spread exploration risk by focusing on advanced exploration opportunities in areas of known mineralisation

Use the best people available to achieve technical and corporate goals

Monaro is currently advancing exploration and development of its international portfolio of uranium projects.

The proposed merger with Uranium King Limited will present the Company with a unique opportunity for early uranium production. In the Kyrgyz Republic, it is currently evaluating the results of its 2007 field season, whereas in Australia, field work has just commenced on its Western Australian and Northern Territory tenements. In NSW Australia, the Company is in the process of joint venturing its gold and base metal projects with third parties.