NWT continues to expand uranium discovery at North Rae, Quebec



    TORONTO, Jan. 3 /CNW/ - NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF)
today announced additional assay results from rock grab samples collected
during ground evaluation work at the North Rae Uranium Project in the Ungava
Bay region of northern Quebec, Canada. Of note, samples taken near the
northern limits of the property reveal uranium mineralization approximately
5.3 miles (8.5 kilometers) north of previously identified zones. The results
underscore the regional nature of the system and further support NWT's
exploration model, which is targeting a high-tonnage, near-surface uranium
deposit amenable to open-pit mining. North Rae is under option from Azimut
Exploration Inc.
    "These latest results confirm the potential of North Rae as a world-class
uranium discovery," said Marek J. Kreczmer, President and CEO of NWT Uranium.
"We are encouraged that results continue to fall in the range of known
deposits in Namibia. In addition, the presence of uranium mineralization this
far to the north of the main zones we have identified to date illustrates the
regional scope of the mineralized system that is underlying North Rae. We look
forward to advancing North Rae and the adjacent Daniel Lake projects in 2008."

    Results

    Assay results from 27 widely spaced surface rock grab samples collected
from the southern portion of the Tasik zone, the Torrent zone and areas
located near North Rae's northern property boundary reveal values of up to
0.89% U(3)O(8). Of these 27 samples, a total of 23 returned values over
0.01% U(3)O(8), including nine with values over 0.1% U(3)O(8). All samples are
widely spaced, underscoring the regional nature of the mineralized system.
    At Tasik, 8 of 23 samples reveal uranium values over 0.1% U(3)O(8). The
23 samples were collected from an area measuring 328 x 492 feet (100 x
150 meters). Uranium values at Tasik are related to a series of pegmatic dykes
injected in gneissic rocks (sulphide-bearing paragneiss, granitic gneiss).
    The two samples taken near North Rae's northern limits returned values of
0.113% and 0.044% U(3)O(8). These results confirm the presence of uranium
5.3 miles (8.5 kilometers) north of previously identified zones of
mineralization.
    The table below provides details of samples that returned values above
0.1% U(3)O(8).

    
    ----------------------------------------------
    SAMPLE ID    URANIUM     U(3)O(8)    U(3)O(8)
                   ppm         ppm          %
    ----------------------------------------------
     5929176      7557        8910        0.891
    ----------------------------------------------
     5929174      6310        7440        0.744
    ----------------------------------------------
     5929169      6293        7420        0.742
    ----------------------------------------------
     5929175      4012        4730        0.473
    ----------------------------------------------
     5929167      2782        3280        0.328
    ----------------------------------------------
     5929168      1713        2020        0.202
    ----------------------------------------------
     5929159      1306        1540        0.154
    ----------------------------------------------
     5929162      1221        1440        0.144
    ----------------------------------------------
     5929173       956        1127        0.113
    ----------------------------------------------
    

    Additional rock sample results from the 2007 ground exploration program
will be announced as they are received and compiled.
    Some of the assays returned were below the detection limits of the
analytical techniques used to analyze samples.
    NWT has the right to earn up to 65% ownership of North Rae from Azimut
Exploration Inc., as announced in a press release dated March 6, 2006.
    Other assay results from North Rae were detailed in press releases dated
November 19, 2007 and October 16, 2007, which are available at
www.nwturanium.com.

    Quality Assurance

    Grab samples from all zones, collected during 2007 ground evaluation,
were submitted to Saskatchewan Research Council of Saskatoon for analysis
using aqua regia partial digestion followed by ICP. Industry standard Quality
Control/Quality Assurance protocols have been implemented, including insertion
of certified reference material
    Samples were collected at surface or near surface after small blasting
using the Boulder Buster technique (average sampling depth of 30cm).

    ABOUT NWT URANIUM:

    NWT Uranium Corp. (www.nwturanium.com) is an international resource
exploration company with an experienced, highly technical management team.
Since its inception, NWT has concentrated on the acquisition of properties
with potential uranium targets. NWT Uranium is listed on the NASD Bulletin
Board under the symbol "NWURF" and the TSX Venture Exchange under the symbol
"NWT."

    Mr. Bertrand Taquet, P.Geo, NWT Uranium's Senior Geologist, who is a
Qualified Person (QP) as defined by National Instrument 43-101, is responsible
for the current exploration program at North Rae and has supervised the
preparation of this press release and verified the data reported above.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.

    This news release includes certain "forward looking statements" within
the meaning of the United States Private Securities Litigation Reform Act of
1995. Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the Company
are forward looking statements that involve various degrees of risk. The
following are important factors that could cause the Company's actual results
to differ materially from those expressed or implied by such forward looking
statements: changes in the worldwide price of mineral commodities, general
market conditions, risks inherent in mineral exploration, risks associated
with development, construction and mining operations, the uncertainty of
future profitability and the uncertainty of access to additional capital.
    Potential quantity and grade is conceptual in nature; there has been
insufficient exploration to define a mineral resource on the North Rae Uranium
Project and it is uncertain if further exploration will result in the target
being delineated as a mineral resource.





For further information:

For further information: Marek J. Kreczmer, M.Sc., P.Eng., President and
CEO, NWT Uranium Corp., (866) 437-9551, info@nwturanium.com

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