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  Khan Resources Inc.  

TICKER:  KRI:TSX
DESCRIPTION:  Khan Resources Inc., with its advanced Uranium Dornod Project in North Eastern Mongolia, projected low production costs and highly experienced management team presents an extremely strong investment opportunity to capitalize on the predictable and rising demand for Uranium.

BTV-Business Television features Khan Resources.

Martin Quick, President and CEO updates the investment community in an all-new interview with www.wallst.net

WEBSITE:  http://www.khanresources.com


The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.
The Gold Report "Khan Resources Inc. has announced that it has begun its spring and summer exploration program at the Dornod uranium project in northeastern Mongolia.

The exploration programs include a gravity and ground magnetic survey to be completed and interpreted during May. This will be followed by a minimum of six diamond drill holes with a total of approximately 2000 meters of core to be extracted during May and June.

These explorations are designed to identify local basin areas within the granite that may contain uranium deposits; to identify specific structures that may host uranium; and to follow-up on sites identified in earlier studies."(5/31/07)

    -   Mongolia Web News

The Gold Report "We recommend the shares of Khan Resources Inc. as a SPECULATIVE BUY with a 12-month target price of $7.30 per share, which is based upon applying a 1.3× multiple to our NPV(15%) valuation of our 4,000 tpd scenario for the Company’s Dornod project.As the project advances through pre-feasibility and into bankable feasibility, and the Company acquires an investment agreement from the Mongolian government, we expect its risk profile and economics to improve and for our valuation to be adjusted accordingly."(5/10/07)
    -JEREMY LINK,   NORTHERN SECURITIES, INC.




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