SEC Exemption No. 82-4831 Trading Symbol: SXR - The Toronto Stock Exchange TORONTO, ON and JOHANNESBURG, South Africa, Jan. 19 /CNW/ - sxr Uranium One Inc (Uranium One) announced today that gold production has resumed at its Bonanza South operations near Klerksdorp, South Africa. Production was temporarily suspended last month after a bearing failure in the primary crusher, which is a surface facility used to crush ore from the Bonanza mine in readiness for processing in the gold plant. A replacement bearing has now been installed and gold production has resumed. The repair cost was not material. Said Uranium One CEO and President Neal Froneman "Mining operations at Bonanza South have continued throughout the period of the repair, and we also used the time for other important maintenance work. While there was a short term disruption, there will not be any long term impact on gold production, as there is spare capacity in the plant, enabling us to catch up speedily on production." Bonanza South is a pilot project for Uranium One's Dominion Rietkuil uranium project, which is scheduled to begin production next year. sxr Uranium One Inc. is a Canadian uranium and gold resource company with a primary listing on The Toronto Stock Exchange and a secondary listing on the JSE Limited (the Johannesburg Stock Exchange). The Corporation owns 100% of the Dominion Rietkuil uranium project in South Africa and the Honeymoon uranium project in South Australia. Through a joint venture with Pitchstone Exploration Ltd., the Corporation is also engaged in uranium exploration activities in the Athabasca Basin of Saskatchewan. The Corporation's Aflease Gold and Uranium Resources Limited subsidiary owns the Modder East gold property and related gold assets in South Africa. Cautionary note concerning forward-looking statements: Statements in this release that are not historical facts are "forward-looking statements" involving known and unknown risk and uncertainties which are beyond the ability of the Corporation to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward- looking statements. To receive the Corporation's news releases by email, contact Carol Smith, Investor Relations at carol(at)aflease.com or Don Falconer, Marketing and Investor Relations, at dfalconer(at)southerncrossres.com. The TSX has neither approved nor disapproved of the information contained herein. %SEDAR: 00005203E