ZAD Zadar Ventures Ltd

Zadar Ventures Ltd. (TSX VENTURE:ZAD)(FRANKFURT:ZAV) (the "Company") is pleased
to announce that it has executed a definitive Purchase and Sales agreement with
Canterra Minerals Corporation ("Canterra") and Triex Minerals Corp. ("Triex"), a
wholly owned subsidiary of Canterra whereby Zadar has purchased a 100% interest
in the West Carswell uranium project. Under the terms of the agreement the
Company will issue 385,000 common shares to Canterra. Canterra will also retain
a 2% NSR on the project with a buyback of 1% for $1 million. 


The West Carswell project (8,157 hectares) is situated on the west margin of the
Carswell Structure ( a meteorite-impact site or astrobleme) which is a
multi-ring, roughly circular feature approximately 35 km in diameter that
represents a "plug" of uplifted basement material (up to 2 km) within the
Athabasca Basin boundary. There are numerous uranium deposits within the
Carswell Structure (SMDI: Saskatchewan Mineral Deposit Inventory occurrences)
including the D, N, OP, Claude, Dominique-Peter, Dominique-Janine and West
Dominique-Janine collectively are referred to as the Cluff Lake Mine which
COGEMA Resources Inc. operated for 22 years, producing greater than 60M lbs of
U308 (Geology, Mineral and Petroleum Resources of Saskatchewan; Saskatchewan
Industry and Resources, 2003). The Shea Creek uranium prospect (Kianna, Anne,
Collette and 58B deposits) remains the largest undeveloped uranium resource in
the Athabasca Basin and is the third largest uranium resource in the Athabasca
Basin (http://www.uex-corporation.com/s/shea_creek.asp). The Shea Creek uranium
mineralization lies outside of the Carswell Structure, about 20 kilometres to
the south of the Cluff Lake deposits and 15 kilometres to the south-east of the
West Carswell project. The West Carswell property is within the same basement
domain as both Cluff Lake and Shea Creek defined by narrow, northwest-southeast
trending magnetic zones defined on regional aeromagnetic maps. The Harrison
Shear Zone is a regional fault/shear zone that forms part of the southwestern
margin of the Carswell Structure. The shear zone transects the northeastern part
of the West Carswell project and is a significant target for potential uranium
deposits. Historic exploration comprised airborne and ground electromagnetic
surveys and diamond drilling. The electromagnetic surveys outlined a strongly
conductive feature named the MP Anomaly (approx. 4.3 km long E/W by 1.2 km wide
N/S). Reconnaissance drilling of the MP anomaly intersected evidence of uranium
mineralization in the form of fault and hydrothermal breccia zones, elevated to
anomalous boron (9-316 ppm) in the sandstone, weakly radioactive zones up to 60
metres wide in sandstones at the unconformity, and haematitic and radioactive
basement granitoid rocks. The geophysical surveys also identified
electromagnetic conductors associated with the Harrison Shear Zone which have
not been drilled.


The common shares are issuable upon execution and TSX.V approval and will be
subject to a hold period of four months and one day from the date of issue.


Zadar Ventures Ltd. is a junior uranium exploration company focused on acquiring
and exploring for economically viable mineral resources. For more information we
invite you to visit the company's website at www.zadarventures.com.


Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument
43-101, has reviewed and verified the technical information provided in this
release.


ON BEHALF OF THE BOARD OF DIRECTORS

Paul D. Gray, P.Geo., President & Chief Executive Officer 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zadar Ventures Ltd.
604-682-1643
www.zadarventures.com

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