International Enexco Limited

COMPANY DATA | INTRODUCTION | PROJECT IN HAND | MANAGEMENT
NEWS UPDATE | CHINESE

Address:	Suite 2060 - 777 Hornby Street Vancouver, B.C. Canada V6Z 1T7
Tel No.:	(604) 683-7361
Fax No.:	(604) 642-2625
Web Site:	www.enexco.ca
Corporate Email:	info@enexco.ca
Contact Person:	Paul McKenzie
Position:	Director

COMPANY DATA

Traded Market:	TSX-V
Traded Symbol:	IEC
Outstanding Shares:	22,553,077
Public Float:	40%
52 Week High:	$ 1.33
52 Week Low:	$ 0.20
Present Price:	Click Here

INTRODUCTION

International Enexco is a Canadian exploration and development company. In addition to its strategic alliance with two of the world's largest uranium companies, Cameco Corp. and Areva to develop the high-grade Mann Lake Uranium Project located in the world's most prolific uranium district, the Athabasca Basin, Saskatchewan, Canada, the Company also operates its 100% owned Contact Copper Property, located in northeastern Nevada, USA.

International Enexco is well capitalized and owns and operates two diamond drill rigs. The Company is also currently reviewing a number of precious and base metals opportunities as well as some uranium opportunities for potential acquisition and/or partnerships.

PROJECT IN HAND

(1) Mann Lake Uranium Project, Athabasca Basin, Saskatchewan

International Enexco has a joint alliance with two of the world's largest uranium companies, Cameco Corp. (NYSE:CCJ, TSX:CCO) and Areva (Paris Stock Exchange) to jointly finance the exploration of its high-grade Mann Lake uranium property.

Cameco is the project's operator, the structure of the Mann Lake alliance is as follows: 30% International Enexco, 52.5% Cameco Corp. and 17.5% Areva.

Project highlights:

Mann Lake property is located in the eastern Athabasca Basin, northern Saskatchewan covering 3,407 hectares
Approximately 25 km southwest of Cameco's McArthur River Mine (332 million lbs U3O8), the largest high-grade uranium deposit in the world, 35 km northeast of the historic Key Lake Mine (166 million lbs U3O8) and 20 km northeast of Cameco's Millennium deposit (46.8 million lbs U3O8)
High-grade (7.12% & 5.53% eU3O8) basement hosted uranium was discovered (within 12 metres of the unconformity) at Mann Lake during the first drill program
Cameco Corp. led drilling and exploration programs continue.

2009 Advancement Plans

First diamond drill program of 2009 will include: minimum 6-8 holes totalling approximately 5,000 m - additional drilling may be warranted
4-6 holes will focus on previous C conductor trend, high-grade mineralization was intersected including 7.12% & 5.53% eU3O8
1-2 holes will focus on the northern conductor trend where better geochemical anomalies are present
Cameco will also conduct 44 km of line refurbishment and gravity surveys.

(2) Contact Copper Project, Elko County, Nevada

International Enexco's 100% owned Contact property is located 80 km north of Wells, Elko County, northeastern Nevada. The Contact property is made up primarily of patented mineral claims.

Project highlights:

Highway 93 and Interstate Highway 80 within close proximity
Excellent infrastructure including road access, water and electricity
Contact has over 400 million pounds of copper from both indicated and inferred categories, NI 43-10 compliant resource
80% of ore body is contained within 300 m of surface
Average grades of 1.35% Cu at 0.5% cut-off in vein structures
Project focused on low cost solvent extraction/electrowinning (SX/EW) copper project
In-fill drilling completed - Pre-Feasibility Study in progress
Additional drilling to west of property to test for extensions to oxide copper
Environmental baseline studies in progress
Metallurgical tests indicate high extractions (91%) from copper oxides
Enexco fully intends to move the Contact project towards production in a timely manner.

MANAGEMENT

International Enexco Limited has a professional management team with experience in different areas.

G. Arnold Armstrong - Director, Chairman, President & CEO
Mr. Armstrong is a barrister and solicitor practicing law within his firm, Armstrong Simpson. Mr. Armstrong is the past chairman and Chief Executive Officer of SKN Resources (now Silvercorp Metals Inc.). He has had over 40 years of experience in management and senior management positions within the resource industry, and holds senior officer and board positions with several publicly listed companies on the TSX and the TSX Venture Exchanges.

William W. Willoughby, Ph.D (Mining Engineering), M.Sc. & B.Sc. (Geological Engineering), PE - Director and Operations Manager
Dr. Willoughby is Operations Manager for International Enexco's Contact Copper Property, northeastern Nevada. Dr. Willoughby spent the last 17 years of his 25+ year career working as a senior mine engineer for Teck Cominco American Inc. and has been involved in a variety of mines and mineral projects.

Arthur (Art) Small, B.Sc. (Geology) - Director and Chief Project Manager
Mr. Small is the Chief Project Manager for International Enexco's Contact Copper Property, northeastern Nevada. Mr. Small has done extensive work with Exxon Minerals Co. and Teck Cominco. In his 30+ years in the mining industry of which 15 years experience was in precious metals exploration and pre-development.

Dan Frederiksen, BBA, CA, CPA, CFA - Director and Chief Financial Officer
Mr. Frederiksen has 8 years experience in public accounting and controllership, and has served as a board member and officer for several Canadian companies, both private and public, including Red Hill Energy.

Paul McKenzie - Director
Mr. McKenzie has been a Director of International Enexco since 2006. He co-founded Red Hill Energy in 2001 and has over 16 years experience working with Canadian resource companies and Canadian financial institutions. Mr. McKenzie has a successful history of acquiring, financing and developing international mineral and energy projects in North and South America and Asia.

Mel Klohn, L.P. Geo. - Director
Mr. Klohn has combined knowledge and expertise in uranium and base and precious metals exploration and development. Mr. Klohn has more than 40 years professional experience, including 25 years exploration and research with Exxon and 10 years as Project Manager and Exploration Vice President for Yamana Gold Inc.

S. Bradley Armstrong, LL.B., M.Sc. (Economics) - Director
Mr. Armstrong has over 25 years experience in the field of environmental law. He also has extensive experience in aboriginal and constitutional law.

Lloyd Bray - Director

Scott Parsons - VP Corporate Development
Mr. Parsons came to the public sector after a 20 year successful marketing and corporate development career in the private and government sectors. He has extensive experience in public relations, marketing, branding, and the development of corporate strategies for emerging and established companies.

NEWS UPDATE

On March 18, 2009, International Enexco Limited updated shareholders on events at its Mann Lake Uranium Property in Saskatchewan and its Contact Copper Development Property in Nevada.

Mann Lake Uranium Project

Arnold Armstrong, President and CEO of the Company reported that the ownership structure of the Mann Lake Strategic Alliance (30% Enexco, 35% Cameco Corp. and 35% UEM) has been changed. The Strategic Alliance structure is now 30% Enexco, 52.5% Cameco Corp. and 17.5% Areva. UEM is owned 50% by Cameco and 50% by Areva. Areva trades on the Paris Stock Exchange and reported revenues of 13.2 billion euros in 2008.

A diamond drill program, which commenced in January 2009, is in progress. The program will consist of an estimated 6 to 8 holes totalling approximately 5,000 metres.

Contact Copper Project

Contact Copper Project's in-fill drilling completed and Pre-Feasibility Study in progress. Enexco expects to issue a news release on the conclusions of the Pre-Feasibility Study along with the updated NI 43-101 resource calculation in the second quarter of 2009.

The Company also reported that due to poor drill results, it has opted to discontinue exploration efforts on the Boston Claims Property (see Enexco news September 29, 2008).