Laramide Resources Ltd. announced that the PEA has been prepared in accordance with the requirements of National Instrument 43-101 ("NI 43-101") by SLR International Corporation ("SLR"), an independent consulting firm with considerable expertise in mining and mineral processing, including uranium mining in the United States. For the purposes of ASX Listing Rule 5.12, Laramide Resources cautions that the Preliminary Economic Assessment (PEA) for the Churchrock Project is not reported in accordance with the Australasian Code for Reporting of Mineral Resources and Ore Reserves 2012 (JORC Code) because the mineral resource estimate which underpins the production target, is 100% Inferred classification. The Mineral Resource Estimate underpinning the Production Target in the PEA has been prepared by a Qualified Person(s) in accordance with the requirements of NI 43-101.