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Xemplar Energy Corp.: Xemplar Reports Drill Assays From the Cape Cross Uranium Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2009) - The Board of Directors of Xemplar Energy Corp. (TSX VENTURE:XE)(FRANKFURT:E7R)(NAMIBIA:XEM) ("Xemplar" or the "Company") are pleased to report preliminary chemical assay results from reverse circulation drilling carried out on its 100% Cape Cross Uranium project in Namibia.

Simon Tam, Chief Executive Officer, comments, "Historical data has shown that uranium occurs at many localities though-out the license area, with only a few of these have been in any detail. Xemplar's strategy is to aggressively explore the area with a view for developing uranium deposits. The following drill results confirm intercepts on U3O8 mineralization and validate our vigorous tactic on the project. Together with the Warmbad project, we believe Xemplar is now holding two projects that have the potential to host world class uranium."

The following table shows highlights of the initial chemical assay results received to date, from the Company's 2008 and 2009 drill program at Cape Cross:

CAPE CROSS

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 U3 O8 Grade U3 O8
 Hole From To Width (parts Grade
Drill Hole Inclination (metres) (metres) (metres) per Million) (percentage)
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RCOR18 90 0 5 5 85.6 0.00856%
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RCOR19 90 2 6 4 160.7 0.01607%
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RCOR20 90 0 13 13 199.6 0.01996%
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RCOR21 90 2 11 9 264.0 0.02640%
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RCOR22 90 1 12 11 157.45 0.01575%
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These five drill holes were drilled in the Oraweb paleochannel in a fence at a right angle to the channel. The holes were spaced 100 metres apart. Drill holes to the west of drill RCOR18 did not carry any significant values while the area to the east of drill hole RCOR22 has not be tested. These results show a minimum width of 500 metres for the paleochannel at this point.

Geophysical surveys and geological mapping has outlined 3 prospective paleochannels, totaling 100 kilometres in length on the Cape Cross property. The northernmost paleochannel is the Oraweb.

Through its wholly owned Namibian subsidiary, Namura Mineral Resources (Pty.) Ltd., the company holds three exclusive prospecting licences (EPL) at Cape Cross covering an area of 2,773 square kilometres. Cape Cross is located in northwest Namibia near the Atlantic coast, about 20 kilometres inland from Henties Bay and within the country's Uranium Corridor, where large uranium mines (Rossing, Langer Heinrich) and deposits (Trekkopje, Valencia, Rossing South, Idadome, Marenica, Tubas, Etango) are found.

The exploration targets at Cape Cross are mineralized palaeochannels containing uranium in the form of carnotite (that is, secondary uranium mineralization associated with calcrete palaeochannels). The mineralization model would best be described as Langer Heinrich-type deposit. Langer Heinrich is a sedimentary uranium deposit located within the Namib-Naukluft Park and where Paladin Resources of Australia commenced production in March, 2007. The mineralization model at Cape Cross is also similar to that of Areva's (Uramin Inc.) Trekkopje deposit which is currently being developed into a mine.

The exploration program at Cape Cross is running in conjunction with the Company's extensive drill program at its Warmbad project.

Mike Magrum, P. Eng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.

On behalf of the Board of Directors,

Simon Tam, CEO and Director

Xemplar Energy Corp.

Disclaimer and Cautionary Statement Regarding Forward-Looking Information

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.

Xemplar Energy Corp. seeks safe harbor.

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