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Press release from Marketwire

Powertech Submits Permit Application to EPA for Deep Well Injection at Dewey-Burdock Project

Thursday, April 01, 2010

Powertech Submits Permit Application to EPA for Deep Well Injection at Dewey-Burdock Project10:30 EDT Thursday, April 01, 2010VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 1, 2010) - Powertech Uranium Corp. (TSX:PWE)(FRANKFURT:P8A) ("Powertech" or the "Company") is pleased to announce that its subsidiary, Powertech (USA) Inc., has submitted the Underground Injection Control (UIC) Class V permit application for its Dewey-Burdock Project to the US Environmental Protection Agency (EPA) - Region 8. The permit, upon issuance, would allow Powertech to dispose of its brine waste water down a deep well after removal of radionuclides. The permit is one of several required in order to construct and operate the Company's proposed uranium in situ operation in southwestern South Dakota.The US EPA, who has the federal jurisdiction for underground injection control permits, also received the Company's UIC Class III permit application in late 2008 and accepted it as being complete in early 2009. With the submittal of this Class V UIC permit application, the Region 8 EPA office will have received both required permit applications from Powertech for the Dewey-Burdock Project.Richard Clement, President and CEO, said, "I am pleased to report that Powertech has submitted this underground injection permit application to the EPA. Through our direct communication as well as the benefit of reviewing comments by the EPA on recently filed UIC applications, I am confident that the EPA will find this application addresses their requirements."This news release has been reviewed and approved by Mr. Richard Clement, President and CEO of Powertech, under whose direction the Company's operations are being carried out. Mr. Clement, P.G., MSc. is a Qualified Person as defined by National Instrument 43-101.About Powertech Uranium Corp.Powertech Uranium Corp. is a mineral exploration and development company that, through its Denver-based subsidiary Powertech (USA), Inc., holds the Dewey-Burdock Uranium Deposit in South Dakota, the Centennial Project in Colorado and the Dewey Terrace and Aladdin Projects in Wyoming. The Company's key personnel have over 200 years of experience in the uranium industry throughout the United States, and have permitted more than a dozen in-situ operations for production. For more information, please visit www.powertechuranium.com.POWERTECH URANIUM CORP.Richard F. Clement, Jr., President & CEOFOR FURTHER INFORMATION PLEASE CONTACT: Powertech Uranium Corp. Thomas A. Doyle CFO, VP Finance (604) 685-9181 (604) 685-9182 (FAX) info@powertechuranium.com www.powertechuranium.com The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.