SOURCE: Utah Uranium Corp.

August 14, 2007 03:00 ET

Utah Uranium Announces Drill Program Approved

MOAB, UT--(Marketwire - August 14, 2007) - Utah Uranium Corp. (OTCBB: UTUC) (the "Company") is pleased to announce that the notice of work submitted by the company regarding a 50-hole drill program on the company's 100% owned "Pinto" claims has been approved by both the Bureau of Land Management and the Utah State Ministry of Natural Resources. The final drilling permits will be issued upon receipt of the reclamation bond.

The Pinto property covers 344 mineral claims, consisting of 6,800 acres in the Henry Mountain Syncline of East Central Utah. The Henry Mountain Syncline is an enclosed structural basin within the Colorado Plateau of southeastern Utah that is entirely underlain by the massive uranium-bearing Salt Wash sandstone member of the Morrison formation. The hydraulic migration of oxygenated water containing liberated uranium tends to flow down-dip within the formation into the trapped, oxygen free static water creating a zone of major ore concentration known as a roll-front environment.

The first discovery, known as the Tony M mine, was made in the '80s by Plateau Resources, a division of Michigan Light and Power, and consists of 10,898,000 pounds uranium. Subsequently, the Bullfrog mine was discovered adjacent and north of the Tony M mine by Imperial Oil Corporation, and consists of an additional 12,924,000 pounds uranium. These mines are currently owned by Denison Mines and are collectively known as the Henry Mountains complex, one of the largest known uranium resources in the Colorado Plateau district.

Utah Uranium Corp. "UTUC" has acquired the Pinto claims from Christian (Ted) Murer, P.Geo, the prospector geologist who conceptualized, discovered and currently holds a production royalty on the Tony M mine. Ted has assembled the Pinto uranium claim package using the same data and methodology. Drilling depth to the top of the Salt Wash will vary in depth from 50 to 150 ft. depending on dip and topography. The present plan is to drill 20 initial holes to define the north-south trend of ore accumulations within the various sands of the Salt Wash Member. Based on area extrapolations, the "Pinto" could hold significant amounts of uranium and vanadium.

Utah Uranium Corporation is a Moab, Utah based junior exploration and development company focused on the acquisition of past producing uranium mines that can be brought back into production in the near term with low capital expenditure. All of the mines currently in the acquisition pipeline are within economic haul distances of the White Mesa Mill in Blanding, Utah owned by Denison Mines. The White Mesa Uranium Mill is currently the only operating Uranium mill in the United States.

On behalf of the Board,

Peter Dickie, President

Cautionary note: This report may contain forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. Unless otherwise stated, any and all resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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