Western Uranium Corporation

Western Uranium Corporation

June 14, 2010 18:34 ET

Western Uranium Provides Baza Project Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 14, 2010) - Western Uranium Corporation (TSX VENTURE:WUC) ("the Company") provides a material update regarding Baza Project in Spain. An administrative error in filing an application for the renewal on one of the Company's permits for the Baza Project has resulted in the cancellation of that permit. The area in question covers approximately 1400 hectares of the overall 16000 hectares covered by the various permits held by the Company. 

Actions are being arranged to correct the situation. This may require the Company to reapply for the permit in a public bid and it is anticipated that the entire process will take approximately six months to complete. While there is no certainty of success, the Company anticipates the permit situation will be resolved satisfactorily and work will again resume in the canceled area once the issue is resolved. In the interim, work will be ongoing in the other areas of the Project.

The data from the recently completed airborne geophysical program that covered the entire project area is being processed and incorporated with geological and geochemical data. Results from this will be used in planning future ground programs and assisting in delineating drill targets. Drilling of two core holes has been completed. Until the issue of the canceled permit area is resolved, core from these holes will not be analyzed.

About the Company

Western Uranium Corporation is a mineral exploration company. The Company has exploration properties in Argentina, Nevada, and New Mexico for uranium and has entered into an earn-in agreement with AuEx Ventures for the Baza gold-copper project in Spain. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada.

On behalf of the Board of Western Uranium Corporation

Pamela J. Klessig, President & CEO

The TSX Venture Exchange has neither approved nor 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.

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