UC Resources Ltd.
TSX VENTURE : UC

UC Resources Ltd.

December 11, 2008 10:00 ET

UC Updates Exploration at McFaulds Lake and La Yesca Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2008) - UC Resources Ltd. ("UC" or "the Company") (TSX VENTURE:UC) is pleased to announce that drilling has resumed on the McFaulds property in Northern Ontario. The current drill program will be concentrated near the location of drill hole UC-08-04 (assay results are pending), where volcanogenic massive sulphide style mineralization was noted, which is in proximity to two gold discovery holes drilled by Noront Resources Ltd. (TSX VENTURE:NOT) (see Noront news release September 15, 2008). It is anticipated that both the drill program and preparation for a gravity survey in the north-western portion area of McFaulds East block #2 can be completed prior to the Christmas break.

In parallel to the exploration at McFaulds, UC Resources has recently completed an extensive sampling program on numerous outcrops on the Xora claim, which is located three kilometres from UC's asset just outside La Yesca. Samples were collected under the supervision of Brian Newton of Billiken Management who is a Qualified Person under 43-101 guidelines.

Samples were gathered from both newly discovered suspected areas of interest as well as extensive sampling of areas that have been mined by local miners around the turn of last century. In excess of 200 samples have been sent for assay. The areas that were sampled will be prioritized prior to a drill program beginning on the Xora claim once profits are realized from the La Yesca mill.

UC Resources is an active explorer of base metals in the McFaulds Lake area of the James Bay Lowlands, Ontario, and Mexico. The Company has an option to earn 55% interest in the East and West blocks in the James Bay Lowlands known as the "Ring Of Fire" held jointly by Spider Resources (TSX VENTURE:SPQ) "Spider" and KWG Resources (TSX VENTURE:KWG) "KWG".

On behalf of the Board,

Jim Voisin, President & CEO

UC Resources Ltd.

We seek safe harbour.

Contact Information

  • UC Resources Ltd.
    Vancouver Head Office
    Toll Free: 1-800-366-8566 (Canada & USA)
    Website: www.ucresources.net