SOURCE: UraniumCore Company

March 27, 2007 12:07 ET

UraniumCore Details Exploration Program

SEATTLE, WA -- (MARKET WIRE) -- March 27, 2007 -- UraniumCore (OTCBB: UCCO) management, in conjunction with Coast Mountain Geological Ltd., has put together a three-phase exploration program for the companies' four Arizona properties.

The first phase has already begun and the program consists of several elements:

1. The compilation and systematic integration of the available historic information relative to the properties in order to ground-truth the position of existing geochemical grids and other features of importance.

2. To combine the data with a geological base map, topographic map and land status map in digital form. Past information such as the location of former mine adits and drill collars can be added to the new digital maps at this time.

3. To use the newly compiled data to formulate an optimized, low impact exploration program for phase two.

The second phase exploration methods may vary from property to property depending on the various geographical and geochemical factors at hand. Based on the findings of phase one, the following exploration methods may be used:

1. Airborne Geophysical survey: significant advances have been made in this technology since publicly available surveys were flown in the project area in the 1970s.

2. Ground Spectrometer: detects uranium related radiation on the surface and can provide excellent targets for future drilling.

3. Stream Sediment sampling: significant advances in analytical methods could result in finding prospects using this method that were missed thirty years ago.

4. Soil Sampling

5. Mapping: update the digital mapping incorporating the new findings from phase two with the historic data from phase one.

Phase Three - Drilling

A successful completion of the first two phases should result in the definition of high quality drill targets.


Phase One - Compilation is underway and a site visit is scheduled for early April.

Phase Two - May-June field program.

Phase Three - July-August

An exploration plan and timeline for our Colorado properties will be forthcoming.

On behalf on the board,
Robert Lunde

UraniumCore Company is a junior exploration company focused on the acquisition and development of high quality uranium projects. UraniumCore management is a strong believer in the fundamentals behind the improved price of uranium. Increasing worldwide demand for energy together with concerns over the effects of carbon emissions on global warming has led to a renewed focus on uranium and nuclear energy as the dual answer to these concerns.

UraniumCore now has six projects, the Coon Creek, Oak Creek, Pendleton Mesa and Suckerite properties in Gila County, Arizona, and the Jamestown and Marshall Pass properties in Colorado. While the current projects are being developed UraniumCore will continue to explore opportunities to acquire additional properties of merit.


Except for the historical and present factual information contained herein, the matters set forth in this release include statements of management's current expectations as to efficiencies, cost savings, market profile and financial strength, and the competitive ability and position of the company. Statements identified by words such as "expects," "projects," "plans," "believes," "estimates," and similar expressions are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These and other forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the possibility that the anticipated benefits from UCCO's operations cannot be fully realized, the possibility that commodity prices, costs or difficulties related to the conduct of its business will be greater or lesser than expected, and the impact of competition and other risk factors relating to our industry will be greater than expected, all as detailed from time to time in UCCO's reports filed with the Securities and Exchange Commission. UCCO disclaims any responsibility to update these forward-looking statements. Some parts of the exploration program are subject to permitting by certain Arizona agencies.

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