Uc Resources Ltd.

Published : January 21st, 2008

Commences McFaulds' Lake Winter Exploration Program

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UC RESOURCES COMMENCES McFAULDS' LAKE WINTER EXPLORATION PROGRAM

January 17, 2008, UC Resources Ltd.: Vancouver, British Columbia:  Trading Symbol: TSXV:UC.  UC Resources Ltd. ("UC" or "the Company") is pleased to announce that Billiken Management will be providing field crews, which are scheduled to begin work on the McFauld's East Project area over the next few weeks.  The field crews will initially undertake line-cutting, followed by ground geophysics.  Aeroquest, which was contracted jointly by UC, Noront Resources, and other juniors in the McFauld's Lake area have returned in order to complete the airborne program over the remaining claims of the "Ring of Fire."  Several airborne anomalies have been identified in the initial 100 metre spacing Aeortem survey, which was partially completed in December.  These anomalies are located to the south / southwest of the UC Resources/Spider Resources/KWG Resources McFaulds #1 and #3 occurrences on the McFauld's East property.  Each of these anomalies will be further detailed by ground geophysics prior to drill testing.

UC is also pleased to announce its intention to participate with Spider Resources/KWG Resources in several new claims that have been staked to the North of the McFauld's East Property.  This staking has been undertaken in compliance with the LOI signed in March 2007 between UC and Spider Resources.

UC is also moving forward with a revamping of the La Yesca mill in Mexico.  A recently completed study and metallurgical testing has increased recovery rates of both gold and silver, but does require modification of the present milling and metallurgical process. The ordering of additional equipment has begun and installation will begin immediately upon its arrival.

On behalf of the Board of Directors,

Jim Voisin
President
UC Resources Ltd.

For further information: 
Contact Damien Lowry, Vancouver Head Office
#1000, 355 Burrard Street Vancouver, B.C. V6C 2G8 Canada
Toll Free: 1-800-366-8566 (Canada & USA)  

Or 

Jim Voisin
President 
UC Resources
1-519-699-5352                        

Website: www.ucresources.net

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources  where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

(The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed "forward-looking statements".  All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements.  Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.  Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.  Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.  For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com.

 

 

January 17, 2008

WHAT'S NEW

Dec 20, 2007:
UC Resources Announces Granting of Options
+ View More

Dec 19, 2007:
UC Resources Shareholders Update
+ View More

Nov 19, 2007:
UC Resources Announces Mr. Michel Roy Agrees to Join Board of Directors
+ View More

 

 

 

 

 

Uc Resources Ltd.

PRODUCER
CODE : UC.V
ISIN : CA90263T1093
CUSIP : 90263T
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Uc Res. is a gold and silver producing company based in Canada.

Uc Res. holds various exploration projects in Mexico.

Its main assets in production are MAR and LA YESCA in Mexico and its main exploration properties are MC FAULD'S LAKE in Canada and COPALQUIN in Mexico.

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In the News and Medias of Uc Resources Ltd.
8/17/2006Follow up N° 3
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1/6/2011Extends Warrants
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Option Grants of Uc Resources Ltd.
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Project news of Uc Resources Ltd.
8/20/2012(La Yesca)Completes Upgrade on La Yesca Mill and Discovers Hidden Pros...
7/30/2012to Commence Drilling Program at the Mirador and Las Cuatas M...
2/11/2012Interview of Interest: Eric Sprott Comments on UC Resources ...
2/7/2012Mill Update and Invests in Sprott Silver Trust
1/6/2012Receives TSX Venture Exchange Final Approval and Closes McFa...
8/29/2011Announces Drilling Update
3/15/2011(La Yesca)Reports on McFaulds Exploration Program and Production at La...
11/10/2008(La Yesca)Receives Environmental Permit for La Yesca Mill
2/28/2008(Mc Fauld's Lake)McFaulds Lake Update
1/21/2008(Mc Fauld's Lake)Commences McFaulds' Lake Winter Exploration Program
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8/30/2007and Spider Resources Inc. Update on Diamond Drilling Program...
7/17/2007Intersects 2.45 Meters Averaging 1.52 Ounces Per Ton Gold A...
6/13/2007Intersects La Soledad Mineralized Zone Over 5.9 Meter Core L...
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6/2/2014UC Resources Announces Red Lake LOIs and Record Date for Sha...
12/31/2013(La Yesca)Prepares for Hard Rock Mining at its La Yesca Facility
6/6/2013Discovers Additional Gold & Silver Veins at Xora
1/15/2013Adopts an Amended and Restated Shareholder Rights Plan
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3/20/2012Hires Senior Geologist and Provides Update
2/8/2012Skype Interview: UC Resources Ltd – CEO - Gary Monaghan On M...
1/9/2012Launches New Website
11/30/2011Provides Information Update
9/15/2011will be presenting at the Canada Asia Business Network
8/4/2011Announces New CEO
4/26/2011(La Yesca)s Production at La Yesca Mill
11/27/2008Timeless Precious Metals fund recommends Near Term Producer ...
11/5/2008Completes Year Two Earn-in at McFaulds Lake
9/29/2008to Commence Drilling at McFaulds Lake
7/28/2008Plans to Drill McFaulds
12/20/2007 Shareholders Update
11/29/2007 Announces Mr. Michel Roy Agrees to Join Board of Directors
11/29/2007Announces departure of Neil Novak
11/7/2007 Anounces Jim Voisin as New President
11/7/2007Announces Delay in Filing Financials
11/6/2007Written up by Clive Maund
9/15/2007Retains AGORACOM To Provide Online Investor Relations and So...
9/5/2007and Spider Resources Inc. intersect 4.35% Zn, 2.69% Cu, 0.3...
8/13/2007Receives Screened Gold Metallics Assay, Confirming Greater T...
3/14/2007’ Update On McFauld’s VMS Project in Northern Ontario
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