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Abstract
(CCNMatthews - Sept. 12, 2006) - POWERTECH URANIUM CORP. ("Powertech" or the "Company") (TSX VENTURE:PWE)(FWB:P8A) is pleased to announce that, through it's wholly owned subsidiary Powertech (USA) Inc., it has acquired 6,000 acres of mining claims in Weston County, Wyoming by way of staking, and has secured surface use agreements with the landowners. The Company has designated this area as the Dewey Terrace exploration property. The Dewey Terrace property is adjacent to the Company's Dewey Burdock uranium property located across the state line in South Dakota. The Company acquired the property, which covers several drill-indicated oxidation/reduction contacts with known uranium mineralization, as a result of historical maps acquired in the Dewey Burdock property acquisition. This historical data was developed by the Tennessee Valley Authority (TVA), a former major holder of claims and leases in this district.