Zadar Ventures Ltd. (the "Company") (TSX VENTURE:ZAD)(FRANKFURT:ZAV) is pleased
to announce the completion of the Phase I reconnaissance/orientation summer
field program on Zadar's PNE uranium project located in the Patterson Lake area
of the Athabasca Basin, northern Saskatchewan. The program comprised a 3 day
on-the-ground geophysical (scintillometer) survey program, deployment of
Alpha-Track Uranium Services radon detectors (34) in an area with historical
anomalous boron (+ uranium) boulder samples. Additionally, boulder chip sampling
and a base line evaluation for permitting of a diamond drilling program was
conducted in conjunction with the ground based traverses across the Project
area. Based on the success of the Phase I program and the quality of initial
results, Zadar has initiated a more substantive follow-up Phase II program on
the PNE Project.


Of the anomalous boulders tested in Phase I all returned values from 130 to 405
Counts per Second ("cps") with 13 of 17 reporting greater than 200 cps as
measured by the hand-held Radiation Solutions R-125 scintillometer/spectrometer
device utilized for the program. The boulders are classified as rounded to sub
rounded and range from 60 to 120 centimetres in diameter and were predominantly
basement-type lithologies of granulites to schists, and one Basinal sandstone
unit. The anomalous boulders sampled have basement rock lithologies similar to
those reported in the early stages of the Patterson Lake South uranium discovery
(see Alpha Minerals Inc. news release of December 14, 2011). 


Geological work continues on the samples collected and chemical analyses will be
included with those samples collected during the PNE Phase II program. 


The Phase II PNE exploration program will comprise expanded scintillometer
surveys and associated boulder sampling with a grid based systematic deployment
of radon detectors (greater than 350 planned). The radon detector cups will be
deployed over geophysical targets and in specific target areas containing
boulders with anomalous uranium and boron contents. Radioactive boulders will be
sampled. As well, boulder samples will be collected for clay mineral alteration
study (PIMA). In addition, all radon cups deployed during the Phase I program
will be retrieved and sent for analysis.


Additionally, the single drillhole that has been drilled on the PNE Project (see
SMAD 74F14-0008) will be located and surveyed during the Phase II program. This
diamond drillhole was collared in 1979 in the northern part of the project to
test a structural target peripheral to a prominent MEGATEM anomaly. The hole
recorded clay alteration, fracturing and abundant pyrite, indicative of
hydrothermal enrichment and boulders from this locale are reported to contain
between 0.14 and 2.02 ppm uranium. The two highest values, nominally 300 metres
apart, contain 1.26 and 2.02 ppm uranium. These boulders may be locally derived,
and during the Phase II program conformational sampling of this area will also
be conducted.


The 15,292 hectares PNE project immediately adjoins the Patterson Lake North
project (Azincourt Uranium Inc. (50%)/Fission Uranium (50%)) and is located
approx. 11km NE of the Patterson Lake South project (Fission Uranium Corp./Alpha
Minerals Inc.), where high-grade uranium intersections are being encountered at
shallow depths. The PNE project lies within a large basin scale NE trending
gravity low structural corridor that encompasses the former Cluff Lake uranium
mine, the Shea Creek uranium deposits, and the recently discovered high-grade
uranium mineralization found at the Patterson Lake South project. 


Zadar Ventures Ltd. is a junior uranium exploration company focused on acquiring
and exploring for economically viable mineral resources. For more information we
invite you to visit the company's website at www.zadarventures.com.


Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument
43-101, has reviewed and verified the technical information provided in this
release.


ON BEHALF OF THE BOARD OF DIRECTORS 

Paul D. Gray, President 

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


This press release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact,
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zadar Ventures Ltd.
Paul D. Gray, P.Geo.
President
604-682-1643
www.zadarventures.com

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