SOURCE: Utah Uranium Corp.

November 14, 2007 03:05 ET

Utah Uranium Starts Drilling Pinto Project

MOAB, UT--(Marketwire - November 14, 2007) - Utah Uranium Corp. (the "Company") (OTCBB: UTUC) is pleased to announce the start of drilling operations on the Company's Pinto project near Hanksville, Utah, Monday, November 12th. The $300,000 drill program is being funded 100% through the recently announced agreement with Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FRANKFURT: E2L) ("Abaddon") of Vancouver, B.C. Abaddon have an option to earn up to a 60% interest in the property by funding 100% of this $300,000 drilling program in addition to other requirements as disclosed below.

This first phase of drilling will encompass the drill-testing of up to 20 holes in the massive Salt Wash member of the Morrison formation. Chip samples from each hole will be examined by geologists and evaluated with a Radiation Solutions Inc. RS-125 Scintillometer to determine uranium mineralization. Mineralized material will then be sent to an ISO 9000 certified laboratory for analysis. Jet West Geophysical Services LLC has also been contacted to provide down-hole Gamma Ray/SP/SPR geophysical logging of all holes.

The contract can be expanded to include up to 50 holes, coinciding with the permitted drill plan filed with Utah State and other regulatory bodies (see NR August 14, 2007). Results of this phase of operations will be announced upon receipt and analysis by the Company.

About the Pinto

The Pinto property covers 344 mineral claims, consisting of 6,800 acres in the Henry Mountain Syncline of East Central Utah. The property is the subject of a Joint Venture agreement with Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FRANKFURT: E2L) ("Abaddon") of Vancouver, B.C. Abaddon have an option to earn up to a 60% interest in the property by making payments to the Company totaling $550,000 (Canadian $), issuing a total of 550,000 shares to the Company, and by fully funding a total of $605,000 (Canadian $) in exploration and drilling expenditures over the life of the agreement.

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 U(3)0(8). 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 U(3)0(8). 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. Based on area extrapolations, the "Pinto" could hold significant amounts of uranium and vanadium.

About the company

Utah Uranium Corporation is a Moab, Utah based junior exploration and development company focused on the acquisition of past producing underground uranium mines, highly prospective new uranium projects and other conventional and non-conventional energy projects. All of the uranium projects acquired to date, in addition to those under review by the Company are within economic haul distances of the White Mesa Uranium Vanadium Mill in Blanding, Utah owned by Dennison Mines.

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 US 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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