SEC Exemption No. 82-4831 Trading Symbol: SXR - The Toronto Stock Exchange TORONTO, ONTARIO and JOHANNESBURG, SOUTH AFRICA, Jan. 5 /CNW/ - sxr Uranium One Inc. (formerly Southern Cross Resources Inc.) wishes to inform stakeholders of a temporary shutdown of the primary crusher which occurred on the 28th of December 2005 at its Bonanza South gold operation near Klerksdorp, South Africa. Full gold production is expected to resume around January 17th. The primary crusher is a surface facility used to crush ore from the Bonanza mine in readiness for processing in the gold plant. The breakdown resulted from a bearing failure in the crusher, which could not have been foreseen, and a replacement bearing will be installed with gold production to resume around 17th January 2006. Said sxr Uranium One CEO and President Neal Froneman: "Mining operations are continuing at Bonanza South, which is a pilot project for our Dominion Reefs uranium mine. The fault was detected quickly and safely by mine staff and represents a hiccup in ramping up to targeted production levels. Ore is being stockpiled in readiness for the resumption of crushing and, as the gold plant has spare processing capacity, any lost production can be recovered quickly with no longer-term impacts. The repair cost is not material and will be in the order of C$36,000." 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