Uracan Resources Ltd.

Published : June 19th, 2009

Launches summer drilling program and extensive field work

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Uracan



URACAN LAUNCHES SUMMER DRILLING PROGRAM and EXTENSIVE FIELD WORK ON ITS 100% OWNED NORTH SHORE PROPERTIES




June 18, 2009                                     
Trading Symbol: TSX-V: URC


Vancouver, Canada - Uracan Resources Ltd. (the "Company") is pleased to announce that further to its news release dated June 4, 2009, a multi-phased exploration program has begun at its 100% owned North Shore property in Quebec, Canada.

A 4000 meter drill program will further test the mineralization around the known Double S resource in the Turgeon Lake Intrusive Complex (TLIC). The spring 2009 program focused on the area directly west of the discovery hole in the Double S zone. The new multi-hole program will focus on the southeastern area of the zone.

The combined NI 43-101 compliant inferred resource at the Double S, Middle and TJ zones totals 154.9 million tonnes with an average grade of 0.012% U3O8. This combined resource contains approximately 18.48 million kilograms (40.73 million lbs.) of uranium using a 0.009% cut-off.

At Costebelle, the work consists of trenching, channel sampling, mapping and prospecting in previously unexplored areas of the claim group and around existing discoveries.

A limited work program in 2008 outlined at least 5 new discoveries. The 2009 summer work will last a full three months, with follow up drilling planned in areas showing significant uranium mineralization.

The Costebelle claims lie from 65 - 120 km east of the Turgeon Lake Intrusive Complex (TLIC) that hosts Uracan's 43-101 compliant inferred resources. Mineralization at Costebelle appears to be hosted by mineralized pegmatite and granite bodies. The scale of the intrusive bodies at Costebelle is similar to that seen at the TLIC.

Highlights of the 2008 program include channel samples of 57 meters of 0.02% U3O8, 19 meters of 0.019% U3O8 and 8 meters of 0.033% U3O8.

About Uracan

Uracan Resources Ltd. is a publicly-listed uranium exploration company, exploring for shallow, bulk tonnage style of uranium mineralization in Canada.  Uracan is led by a proven team of exploration and mine entrepreneurs and mine-builders.  The information in this news release has been prepared and reviewed by Marc Simpson, P. Geo. , the Company's Qualified Person under National Instrument 43-101 standards.  

For further information please contact:

Gregg J. Sedun                            
President & CEO               
604-682-5580                                   

David Fry
Corporate Development
778-330-2759

Marc Simpson
Exploration Manager
 604-682-5580

Keith Schaefer                  
Vanguard Shareholder Solutions                 
604-608-0824               


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  The foregoing information may contain forward-looking statements relating to the future performance of Uracan Resources Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

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Uracan Resources Ltd.

EXPLORATION STAGE
CODE : URC.V
ISIN : CA91688U2002
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Contact Cpy

Uracan Res. is a gold and uranium exploration company based in Canada.

Uracan Res. holds various exploration projects in Canada.

Its main exploration properties are PIPEWRENCH, NORTH SHORE, PONTBRIAND and COSTEBELLE in Canada.

Uracan Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 308.3 millions as of today (US$ 246.5 millions, € 223.9 millions).

Its stock quote reached its lowest recent point on December 18, 2015 at CA$ 0.01, and its highest recent level on October 28, 2021 at CA$ 7.31.

Uracan Res. has 105 940 000 shares outstanding.

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Corporate Presentations of Uracan Resources Ltd.
6/1/2009Junior Mining Stock Report interviews Uracan CEO
2/11/2009 updates investor presentation
In the News and Medias of Uracan Resources Ltd.
1/13/2009Brien Lundin updates Uracan Resources
Financings of Uracan Resources Ltd.
10/30/2009increases private placement to $5 million
Project news of Uracan Resources Ltd.
4/2/2014Uracan/UEX report uranium mineralization on the Black Lake P...
1/19/2012Please Visit Uracan Resources Ltd. at Booth #805 at the Vanc...
3/1/2011(Costebelle)BEGINS WINTER DRILLING CAMPAIGN ON ITS 100% OWNED COSTEBELLE...
9/9/2009(North Shore)Uracan - Grandroy Drilling Commences
8/26/2009(North Shore)Confirms High-Grade Uranium Zone
6/19/2009(North Shore)Launches summer drilling program and extensive field work
6/10/2009(North Shore)Continues to expand double S uranium Mineralization
2/26/2009(North Shore)URACAN DOUBLES TOTAL NEAR SURFACE NI 43-101 COMPLIANT INFERR...
1/13/2009(North Shore)DISCOVERS THIRD URANIUM TARGET IN QUEBEC
11/29/2008(North Shore)MAKES NEW URANIUM DISCOVERY 65 KM FROM DOUBLE S RESOURCE WIT...
11/26/2008(North Shore)NEW URANIUM ZONE DISCOVERED NEAR DOUBLE S RESOURCE
9/19/2008(North Shore)NEAR SURFACE URANIUM MINERALIZATION DISC =?iso-8859-1?Q?OVER...
7/10/2008discovers up to 2.83 pounds per ton U3O8 over 41.7 feet in s...
7/7/200819.96 million pounds U3O8 NI 43-101 compliant inferred resou...
2/26/2008(Pipewrench) TRENCH RESULTS UP TO 9.7 METERS OF 0.027% U3O8 FROM PIPEW
2/19/2008(North Shore)RESOURCE CALCULATION TO SOON BEGIN ON DOUBLE S ZONE
1/29/2008(North Shore) Increases Strike Strength to 1500 Meters at Double S Zone, ...
1/22/2008(Pipewrench)Significant Trench Results up to 0.122% from Pipewr
8/2/2007(North Shore)drills 24.3 m of 0.036% U3O8 at North Shore
5/30/2007(North Shore)Drilling Restarts at North Shore Property, Quebec
5/17/2007(North Shore)Reinhard comments on Uracan discovery
Corporate news of Uracan Resources Ltd.
7/5/2016URACAN ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEME...
5/27/2016URACAN ANNOUNCES $1.5 MILLION PRIVATE PLACEMENT OF FLOW THRO...
1/29/2016Clive Johnson Increases His Ownership of Uracan
9/22/2015Uracan Updates Status of Quebec Mineral Resource Estimates
8/28/2015URACAN ANNOUNCES CHANGE TO BOARD OF DIRECTORS
1/22/2015Uracan And Forum Announce Drill Results From Clearwater Prop...
1/8/2015Uracan and UEX Begin 2015 Drilling Campaign on the Black Lak...
11/26/2014Uracan Announces Closing of Private Placement in the Total A...
11/8/2014Uracan Announces Non-Flow Through Private Placement
11/7/2014Uracan Announces Non-flow Through Private Placement
10/23/2014Uracan Announces $0.9 Million Private Placement
9/11/2014Clive Johnson Increases His Ownership of Uracan
8/27/2014Uracan and Forum sign definitive Option Agreement on Clearwa...
7/8/2014Uracan options Patterson Lake South area property from Forum...
6/27/2014Uracan And UEX Announce Amendment of Option Agreement
6/23/2011(Costebelle)WINTER 2011 URACAN DRILLING OUTLINES SIGNIFICANT URANIUM MIN...
3/17/2010well positioned to benefit from new uranium investment rules
12/7/2009discovers multiple new areas of uranium mineralization in Qu...
11/25/2009discovers 12 meters of 0.123% U3O8 on its 100% owned Costebe...
10/20/2009Highest grade uranium for Surface Deposits - Uracan
10/15/2009 Uracan's Grandroy yields intercepts of up to 0,213% (4.26 l...
8/26/2009New Uranium Discovery
7/8/2009Canaccord Capital says low grade can mean big profits for in...
7/3/2009Looming Uranium Shortage is Good News for Explorers
3/9/2009Uracan featured in Canadian Business Journal
2/12/2009Uracan: politically safe, financially secure says MidasLette...
11/4/2008Reinhard sees the potential in uranium juniors
8/27/2008Lundin Updates Uracan Resources
7/30/2008Lundin Updates Uracan Resources
7/14/2008Winston Updates Uracan Resources
7/10/2008A Rising Uranium Star on Quebec's North Shore - Markettrader...
6/17/2008discovers new mineralized zone at TJ Zone and additional wid...
4/28/2008Discovers New Uranium Mineralization at Double S and Johan B...
4/8/2008Winston Updates Uracan Resources (URC, TSX)
4/2/2008Gold Newsletter Update on Uracan Resources
2/28/2008Drill Results
10/30/2007Intercepts Additional Uranium Mineralization, Increases Stri...
7/11/2007 Exploration begins at Pipewrench Lake, Saskatchewan
5/17/2007Significant near surface uranium mineralization intersected ...
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