Western Uranium Corporation

Western Uranium Corporation

August 04, 2009 08:30 ET

Western Uranium Corporation Announces Additional Higher Grade Drill Results From Kings Valley Project, Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2009) - Western Uranium Corporation (TSX VENTURE:WUC) ("the Company") announces that additional drill results have been received from the follow-up drilling in the Albisu area at the northern end of the Kings Valley Project, Nevada. These are partial results from the remaining outstanding intervals. Significantly, ALB-06 has intercepted 3.98 g/t gold over 6.1 meters from 111.3-117.4m that included 14.6 g/t gold from 111.3-112.8 m and 2.3 g/t gold from 114.3-115.8m. This intercept correlates with the zone in ALB-04 that intercepted 12 g/t gold over 1.5 metres from 103.7 m to 105.2 m (Press release October 29, 2008). The zone intercepted in ALB-06 lies up dip and 40 meters west of the intercept in ALB-04. ALB-06 also returned 0.66 g/t gold from 125-126.5m, 0.41 g/t gold from 135.6-137.2 m, and 0.41 g/t gold from 141.7-143.2m. Additional results from ALB-13, located 95 metres along strike to the north of ALB-04 and ALB-06, have returned the following zones of interest: 1.6 g/t gold from 70.0-71.5 m, 1.02 g/t gold from 88.4-89.9m, 0.57 g/t gold from 123.4-124.9m and 0.342 g/t gold from 352.0-364.2 m. The upper 1 gram intercepts are interpreted to correlate with the 12 g/t and 14 g/t intercepts in holes 4 and 6 respectively.

As noted in the press release of July 21, 2009 drilling has intercepted geochemically anomalous and intensely altered volcanic rocks in every drill hole. The large halo of widespread and continuous lower grade gold along with geochemically elevated intervals of silver, arsenic, cobalt, mercury and molybdenum within hydrothermally altered and brecciated volcanic rocks indicates this has been an active and dynamic system.

The Company is very encouraged with the recent results in light of the higher grades and the shallower depths of mineralization. In addition, there are still outstanding assay results pending. It is anticipated that the remainder of the core samples will be submitted to the lab within the next seven to ten days and it is hoped that all results will be returned within the next four weeks. Only gold values have been received for the intervals reported above.

WUC QA/QC Program

Quality Control and Assurance for all sampling projects at Kings Valley is under the direction of Mr. John Rice a Qualified Person as defined by National Instrument 43-101 standards. Core samples are collected daily from the drill site and transported back to the field office where WUC personnel photograph each box. WUC geologists then log the core noting rock types and alteration. The core is then split and packaged in bags. Core samples are delivered by WUC employees to American Assay Laboratories located in Sparks, Nevada or collected onsite by American Assay Laboratory personnel.

American Assay Laboratory's quality control system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the use of reagent blanks, reference samples, and sample duplicates.

About the Company

Western Uranium Corporation is a mineral exploration company. The Company has exploration properties in Nevada, New Mexico and in the Thelon Basin, Nunavut. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada.

The contents of this press release were reviewed by Ms. Pamela Klessig for WUC. Ms. Klessig has sufficient experience to review this release and is a Qualified Person as defined by NI 43-101.

On behalf of the Board of Western Uranium Corporation

Pamela J. Klessig, President & CEO

The TSX Venture Exchange has neither approved or disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information