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    high grade Uran samples - 500 Beiträge pro Seite

    eröffnet am 05.10.07 16:59:05 von
    neuester Beitrag 07.07.08 19:34:31 von
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      Avatar
      schrieb am 05.10.07 16:59:05
      Beitrag Nr. 1 ()
      UCU hat ja vor kurzem LML geschluckt. :cry:
      Leider ist die Diskussion aus dem LML-thread [Thread-Nr: 1046940] abgestorben. obwohl LML ja nicht gestorben ist, sondern heute nun in UCU weiterlebt. :p:p

      Hier mal einige Highlights aus ein paar alten News aus dem Explorationsprogramm von UCU & LML (Quelle: www.galoreresources.com):

      Ich lese in dem Bericht, dass in früheren (alten) Proben tlws. folgende hohe U8O3 Gehalte gemessen wurden - und das ist doch der Hammer:

      bis zu 6,7 % U3O8 auf Meridian Lake!!!
      bis zu 6,6% U3O8 auf Preble Island!!!
      bis zu 24% U3O8 auf Simpson Island!!! :eek::eek::eek:

      Also der Einstieg sollte doch jetzt am Ende des Herbst-Loches günstig sein....

      Viel Erfolg!
      :cool::cool:
      Avatar
      schrieb am 05.10.07 18:02:26
      Beitrag Nr. 2 ()
      :rolleyes:
      Avatar
      schrieb am 16.10.07 14:09:03
      Beitrag Nr. 3 ()
      die unten zitierte umzingelung klingt wirklich schmeichelhaft.
      wer kann die ergebnisse einschätzen? alles sensationell gut oder wird nur nett verpackt?

      beste grüsse, furunkel :)


      Ucore Uranium Inc.: Encouraging Assay Results From Sandybeach Lake, Nunavut
      HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 16, 2007) - NOT FOR DISSEMINATION IN THE UNITED STATES

      Ucore Uranium Inc. (TSX VENTURE:UCU) is pleased to report encouraging assay results from the 100% owned Sandybeach Lake property in southern Nunavut.

      The Sandybeach Lake property consists of 18 square kilometers staked by Ucore in 2006 to cover an area where historic work had located subcrop and float with high uranium and precious metal values. These historic showings were partially covered by an existing 8 square kilometre claim block owned by Cameco Corporation. Subsequent to Ucore's staking, Cameco blanket staked the area and completed a detailed airborne radiometric survey.

      Ucore's 2007 follow-up prospecting was directed at select radiometric anomalies identified from airborne data provided by Cameco. Ground prospecting identified an area of highly anomalous uranium values in altered arkosic material and granite. A cluster of angular float material from one of the radiometric targets returned values ranging from 0.18% to 1.47% U3O8. This target area is comprised of a discrete airborne radiometric (uranium) anomaly coincident with a northeast trending magnetic high. Additional targets remain untested.

      "We are very encouraged by these results," said Jim McKenzie, Ucore's President and CEO. "With the world's largest uranium producer surrounding us with their claims, we hold a very strategic and prospective land position. Follow-up work for 2008, including diamond drilling, is now being planned."

      Wayne Reid, P.Geo., a technical advisor to Ucore and a qualified person in accordance with NI 43-101, has reviewed this press release.

      Ucore Uranium Inc. is a junior exploration company focused on establishing uranium resources through exploration and property acquisition. With more than twenty active projects, Ucore's primary focus is the Bokan Mountain uranium and rare earth element property in Alaska.

      This press 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 exploration drilling, exploration activities and events or developments that the Corporation 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.


      The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.
      Avatar
      schrieb am 17.10.07 09:17:03
      Beitrag Nr. 4 ()
      Taylor refreshes Ucore buy

      Jay Taylor in the Oct. 1, 2007, edition of Energy & Energy Tech Stocks refreshes his buy recommendation for Ucore Uranium Inc., recently 57 cents. Mr. Taylor said buy on April 1, 2007, at $1.20. A $1,000 investment then is now worth $475. Mr. Taylor thinks that Ucore's price could move up considerably if it receives a positive prefeasibility study on its Alaskan project. His one-year target price for the stock is between $1.12 and $1.50.

      © 2007 Canjex Publishing Ltd.
      Avatar
      schrieb am 17.10.07 09:36:22
      Beitrag Nr. 5 ()
      Danke für die Information!:keks:


      Werde mir das mal etwas genauer anschauen!

      Trading Spotlight

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      Avatar
      schrieb am 01.11.07 19:37:01
      Beitrag Nr. 6 ()
      Schlafen hier alle noch, oder habt ihr diese Bomben-News ohne Kommentar bemerkt und geschluckt!:laugh:

      http://biz.yahoo.com/iw/071101/0323104.html

      Der Kurs und ich, wir freuen uns auf jeden Fall!

      Ich kaufe drüben auch nochmal nach! Hier wird man noch manchen C$ sehen in den nächsten Monaten, - das steht für mich nun fest. ;)

      Na dann, happy trading!

      W.
      Avatar
      schrieb am 01.11.07 19:39:00
      Beitrag Nr. 7 ()
      Avatar
      schrieb am 01.11.07 23:06:39
      Beitrag Nr. 8 ()
      :lick:
      Avatar
      schrieb am 02.11.07 02:10:15
      Beitrag Nr. 9 ()
      ...---...
      Avatar
      schrieb am 02.11.07 02:14:23
      Beitrag Nr. 10 ()
      Uran und Alaska hört sich für mich nach Rechtsstreit an.
      Avatar
      schrieb am 02.11.07 16:12:03
      Beitrag Nr. 11 ()
      Für mich nicht!;)

      Und es geht weiter mit +15%

      glaubst du, die 3 Mio gekauften Aktien, die letzten 3 Tage wandern auch in die Depots, weil ein Rechtsstreit vor uns liegt? :rolleyes:
      Avatar
      schrieb am 02.11.07 16:16:31
      Beitrag Nr. 12 ()
      Antwort auf Beitrag Nr.: 32.257.651 von Wertaktien am 02.11.07 16:12:03Nach 25 Jahren Börse glaube ich fast alles.

      Und ich WEIß, dass 90% der Investoren saudumm sind.

      Anwesende ausgeschlossen.


      Indes halte ich ucore.
      Avatar
      schrieb am 02.11.07 16:23:05
      Beitrag Nr. 13 ()
      Antwort auf Beitrag Nr.: 31.858.231 von snowder am 05.10.07 16:59:05WOOOOWW

      Krasse Grades! Erste Rückstzer als Kaufgelegenheit nutzen!

      Haben die noch genug Cash?
      Avatar
      schrieb am 02.11.07 16:27:15
      Beitrag Nr. 14 ()
      Antwort auf Beitrag Nr.: 32.257.811 von mrbk1234 am 02.11.07 16:23:05Wie schnell man bei Results Cash
      bekommt hat Melkior gezeigt.

      Kaufempfehlungen sollte man grundsätzlich nicht geben.

      Auch Du, mein Sohn MRBK1234!

      Du weißt, warum!

      B-A-F-I-N
      Avatar
      schrieb am 02.11.07 17:11:17
      Beitrag Nr. 15 ()
      Der Dollar ist geknackt. Bin jetzt auch dabei.
      Avatar
      schrieb am 02.11.07 17:22:46
      Beitrag Nr. 16 ()
      Antwort auf Beitrag Nr.: 32.258.583 von calibra21 am 02.11.07 17:11:17Solchen Grades kann man sich nicht entziehen.

      Und sicherlich stimmt es, dass man bei einem möglichen Rücksetzer kaufen könnte, wenn amn denn will.

      Jeder muss und sollte diese Entscheidung aber erst nach Berücksichtigung aller Informationen fällen.
      Avatar
      schrieb am 02.11.07 17:45:08
      Beitrag Nr. 17 ()
      Antwort auf Beitrag Nr.: 32.258.583 von calibra21 am 02.11.07 17:11:17Meint ihr hier ist open pit möglich. Denn mit schauer schau ich zu Cigar Lake und Cameco
      Avatar
      schrieb am 02.11.07 18:13:50
      Beitrag Nr. 18 ()
      Antwort auf Beitrag Nr.: 32.259.172 von Charly56 am 02.11.07 17:45:08Ich muss gestehen, dass ich von den Fundamentals bzgl. UCU nicht die geringste Ahnung habe. Mein Einstieg ist rein charttechnischer Natur. (Ausbruch + heftiger Umsatz)
      Avatar
      schrieb am 02.11.07 18:15:46
      Beitrag Nr. 19 ()
      Antwort auf Beitrag Nr.: 32.259.172 von Charly56 am 02.11.07 17:45:08Wenn ich zu diesem Zeitpunkt etwas vom "Offen Pitt" lese, dann mag ich euch nur zurufen:

      VIEL zu FRÜH.
      Avatar
      schrieb am 04.11.07 21:20:03
      Beitrag Nr. 20 ()
      habt ihr ein Kursziel????????
      bim mir nicht sicher ob es sich für mich auszahlt hier einzusteigen . Ich denke mehr als höchstens 200 % werden nicht mehr drin sein. Wie seht ihr die Situation.
      Avatar
      schrieb am 04.11.07 23:24:06
      Beitrag Nr. 21 ()
      Nee, wegen lumpigen 200% lohnt das nun wirklich nicht mehr hier einzusteigen. :laugh:

      Sag mal, - was hast du denn sonst noch so für Titel im Depot???:rolleyes:
      Avatar
      schrieb am 16.11.07 15:21:31
      Beitrag Nr. 22 ()
      27 g/t Gold and 1.47% U3O8 Reported from Ucore's Sandybeach Lake Property
      Date: November 15, 2007

      (Van couver, B.C.) Ucore Uranium Inc. (TSX-V: UCU) is pleased to announce additional assay results from its 100% owned Sandybeach Lake property in southern Nunavut.

      A total of 98 samples were collected from the property during a two-week prospecting program in August. These samples consisted of selected grab samples from outcrop, felsenmeer and float from various parts of the property. Uranium values were announced by press release dated October 16, 2007. Analytical results for gold have now been received from this same suite of samples, returning gold values ranging from less than 2 ppb to 27,700 ppb. The best gold values generally correlate with significant uranium values from a cluster of angular float/felsenmeer from the A-1 target. This target is defined by a recently completed airborne radiometric and magnetic survey and outlines a zone of anomalous equivalent uranium, up to eight times background. The equivalent uranium anomaly, approximately 900 m long and 400 m wide, is coincident with the southwestern portion of a discrete magnetic high that trends approximately 8 km northeast across the property.

      The following table lists gold and uranium values from select samples collected from the Sandybeach Lake Property.


      (sorry, hier sollten eigentlich die tabellenwerte erscheinen, ich checks aber nich. bitte auf der homeseite von ucore reinschauen, furunkel)


      The majority of samples are comprised of weakly to strongly altered meta-arkose mineralized with a sulphide assemblage of pyrrhotite, arsenopyrite, and rare chalcopyrite. Sample 173416 differs from the other samples listed, in that it is comprised of strongly altered granitic material with a low concentration of sulphides.

      “We are very encouraged by these results,” said Jim McKenzie , Ucore’s President and CEO. “A follow-up program of detailed grid work and diamond drilling is planned for next summer.”

      Ucore Uranium owns a 100% interest in the 18 square kilometer Sandybeach Lake property, which is now surrounded by claims held by Cameco Corporation. Wayne Reid , P.Geo., technical advisor to Ucore, is the Qualified Person responsible for the technical accuracy of this news release.

      Ucore Uranium Inc. is a junior exploration company focused on establishing uranium resources through exploration and property acquisition. With more than twenty active projects, Ucore’s primary focus is the Bokan Mountain uranium and rare earth element property in Alaska .

      This press 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 exploration drilling, exploration activities and events or developments that the Corporation 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

      The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

      For more information, contact
      Jenn Gillespie
      Investor Relations
      Tel: (902) 482-5214
      Cel: (902) 441-4004
      Avatar
      schrieb am 30.11.07 17:49:14
      Beitrag Nr. 23 ()
      News!

      Press Release Source: Ucore Uranium Inc.

      Ucore Reports 0.51% U3O8 From Mineralized Float Proximal to 3 km Long Radiometric Anomaly at Elliott Lake
      Friday November 30, 9:46 am ET

      VANCOUVER, BC--(MARKET WIRE)--Nov 30, 2007 -- Ucore Uranium Inc. (CDNX:UCU.V - News) is pleased to announce encouraging exploration results from its 100% owned Elliot Lake West property in Ontario.

      ....aber dafür dass sie in recht kurzen Abständen eigentlich immer sehr gute Ergebnisse bringen, reagier der Kurs doch mehr als nur bescheiden.:mad:

      Ist halt zur Zeit ein saumässiges Umfeld.
      Avatar
      schrieb am 30.11.07 17:51:50
      Beitrag Nr. 24 ()
      Ach ja, - hier noch der Link dazu:

      http://biz.yahoo.com/iw/071130/0334452.html
      Avatar
      schrieb am 27.12.07 20:32:38
      Beitrag Nr. 25 ()
      eine kleine Ergänzung, auf Bokan Mountain existiert wohl schon eine historische Resource (not compliant with National Instrument 43-101!!)


      "Bokan Mountain
      Project Highlights

      • Historic United States Bureau of Mines *Resource Evaluation – 11.8 million pounds of insitu U3O8 plus large Rare Earth Element (REE), Y2O3 and ZrO2.

      • Past U3O8 Production – The Ross-Adams mine, with reported production of 1.3 million pounds at .76% U3O8 from open pit and underground operations, is Alaska’s only past-producing uranium property. The deposit is interpreted by Ucore to remain open at depth.

      • Extensive Exploration Holdings – Through staking and option agreements Ucore has acquired exploration rights to approximately 20 square kilometers of highly prospective ground at Bokan Mountain, Southeast Alaska, including past producing Ross-Adams Mine property.

      • Infrastructure – Existing site infrastructure, such as a permitted surface road systems, two accessible underground mine haulage levels and proximity to barge-accessible tidewater at West Arm Kendrick Bay could support early re-activation of mining operations at Bokan Mountain and road systems, existing site accommodations and docking facilities will facilitate Ucore exploration in the area.

      • Historic Property Information Datasets - Substantial amounts of published research by government and academic interests apply to the area. Ucore has accessed an extensive private collection of pertinent historic exploration data through terms of various mineral property option agreements. The company will also benefit from technical support of several prominent local mining exploration interests with long-standing exploration knowledge of the district.

      • Existing U3O8 Prospects – More than 20 previously defined U3O8 bearing prospects, some with substantial amounts of drilling defined mineralization exist within the Ucore holdings. These collectively present an excellent starting point for both exploration and deposit delineation programs by Ucore.

      • Potential for New Discoveries – The large land holding established by Ucore has not been thoroughly explored using modern exploration techniques and the company feels that excellent opportunities exist for discovery of new U3O8, REE, Y2O3 and ZrO2 deposits in the area.

      • Ucore Exploration Strategy – Exploration of the Ucore holdings will systematically progress from initial compilations of historic information that will serve to establish exploration targets and relative priorities. Deposit delineation drilling programs are now considered warranted for some areas under consideration. Completion of high resolution airborne radiometric, magnetometer and electromagnetic surveying is envisioned to guide 2007 exploration programs.

      * Reported by Warner and Barker, (1989) for United States Department of the Interior, Bureau Of Mines: These figures and associated resource estimates are historic in nature and not compliant with National Instrument 43-101. On this basis they cannot be relied upon as statements of mineral resources.

      Overview

      Bokan Mountain is Ucore's flagship property, located 60 kilometres southwest of the coastal community of Ketchikan Alaska, near the southern end of Prince of Wales Island. The area of Ucore's greatest interest covers approximately 20 square kilometres centered on Bokan Mountain and is accessible by floatplane, helicopter or boat. All areas occur within the confines of the Craig Ranger District of Tongass National Forest and are subject to US Forest Service and Bureau of Land Management adjudication.

      The past producing Ross Adams uranium mine is located between elevations of approximately 300 and 900 feet (approximately 100 and 300 meters) above sea level on the south side of Bokan Mountain and is central to the area of Ucore interest. The now-abandoned mining sites can be accessed by a mine-era road system that extends from the shoreline of West Arm Kendrick Bay to the areas of past production.



      History

      The history of mineral exploration and production in the Bokan Mountain area primarily reflects activity during the period 1956 through 1972, highlights of which are summarized below.

      • Ross Adams uranium deposit discovered and staked by D. Ross in 1956


      • Climax Molybdenum Company purchased an interest in the area in 1957 approximately 20,000 tons (18,140 tonnes) of thorium-bearing uranium ore grading approximately 1% U3O8 from an open pit.

      • Bay West Inc. leased the Ross-Adams property during 1961-1962 and approximately 7500 tons (~6800 tonnes) of ore is reported to have been mined.

      • In 1963 Standard Metals Corporation purchased the Bay West Inc. lease and approximately 12,000 additional tons (~10,880 tonnes) of ore was mined and shipped from the existing workings.

      • Standard Metals and local prospector R. Dotson discovered a northwest trending uraniferous vein and shear system southeast of the Ross–Adams deposit and termed this the Dotson Shear. The structure was proven along a distance of approximately 2.5 kilometres to the shoreline of West Arm Kendrick Bay.

      • Newmont Exploration Ltd. acquired leases in the area in 1968 and produced approximately 55,000 tons (~49,885 tonnes) of ore from underground operations before cessation of mining in late 1971.

      • A new uranium deposit was delineated adjacent to the Ross Adams area in the early 1970’s and subsequent drilling served to define an uraniferous vein and shear system that was termed the I and L deposit. This appears to be spatially related to the fault-displaced northwest extension of the Dotson shear/vein/dike system referred to above. Although uranium grades of potentially economic proportions were defined at the I and L deposit, no development activities were carried out and the deposit remains un-mined to this date.

      • Historic exploration and development activities at Bokan Mountain identified economically significant levels of both light and heavy REE assemblages as well as niobium and zirconium in association with some of the known uraniferous zones. Assessment of uranium, REE, columbium yeterbium and zirconium potential of the area was the focus of a detailed study by Warner and Barker (1989) for the US Bureau of Mines and this highlighted the Bokan Mountain deposits and prospects as comprising one of the most significant REE resource areas in the United States.

      Deposit Model

      The uraniferous and REE bearing deposits of the Bokan Mountain area have been studied and categorized by various workers to date and results of such work have been reported by both government and academic interests (e.g. MacKevett (1963), Thompson (1980, 1988, 1998), Warner and Barker (1989), Staatz (1978), BLM (1998). These show that uranium and REE/niobium/zirconium mineralization of economic interest at Bokan Mountain occurs in several settings associated with the Jurassic Bokan Mountain peralkaline ring-dike intrusive complex. The most prominent mineralization styles are (1) plunging, broadly cylindrical pipes of highly altered, fractured and mineralized aegerine-bearing intrusive near the main border zone of the ring-dike complex, (2) mineralized, northwest oriented, steeply dipping albite-quartz dike systems and associated shear zones peripheral to the complex, (3) mineralized pegmatitic veins within a marginal phase of the complex, (4) as dispersed primary mineral phases within variably altered syenite emplaced late in the complex’s history and (5) as matrix replacement phases in hornfelsed and hydrothermally altered sandstones adjacent to or overlying the intrusion. In addition to these bedrock-hosted deposit styles, evidence of placer heavy mineral sands deposits has been suggested for some adjoining marine areas of West Arm Kendrick Bay.

      Grade of ore produced from the Ross Adams mineralized pipe is reported to have averaged approximately 0.76% U3O8 but higher grade subzones were also reported. The C4 vein style deposit was mined in the Ross Adams operation and development showed that uraniferous shoots associated with shearing along the quartz-aegerine vein reached thicknesses up to 3 meters, with strike and dip continuity of the same pods reaching 30 meters. U3O8 grades defined by drilling of one C4 shoot ranged between 0.2% and 2.66% and provide an indication of grade characteristics possible in other vein/dike/shear systems on the Ucore property.

      Both fracture pipe and vein/shear uraniferous zones at Bokan Mountain show wall rock alteration features consisting of pervasive albitization, chloritization, carbonate replacement of mafic phases and both pervasive and localized hematite alteration. Fracture control to much of the alteration and mineralizing fluid paths is indicated and chlorite is heavily developed within higher grade (>.5% U3O8) zones while pervasive hematite alteration is more commonly associated with areas of lower grade (<0.5% U308) (Thompson, 1988).


      Exploration Program

      The Ucore exploration holdings at Bokan Mountain cover a large area and substantial amounts of historic technical data pertaining to the past exploration and mining in the area have been accessed by Ucore. The company views this as an important asset and generation of a spatially integrated compilation of all such information is seen as the first step in planning 2007 exploration programs. Early review of this information has shown that excellent and well defined opportunities currently exist for delineation drill testing of known prominent uraniferous deposits such as the Ross-Adams and I and L Prospect and it is anticipated that compilation study results will result in a definition of additional early drilling targets based on results from other currently known prospects. The broader issue of assessing property scale exploration will be advanced through completion of an airborne radiometric, magnetic and electromagnetic survey, results of which will be integrated with those of the property compilation to define ongoing exploration targets."
      Avatar
      schrieb am 17.01.08 22:58:11
      Beitrag Nr. 26 ()
      Ich bin der Meinung dass es dieser Titel nicht verdient hat, in den Tiefen des Netzes zu verschwinden.
      Immerhin hat sich UCORE URANIUM besser gehalten als die meisten Uraner in diesem "Gemetzel.

      Ich habe sie jedenfalls immer noch in meinem Depot und das wird sich so schnell auch nicht ändern. ;)
      Avatar
      schrieb am 07.07.08 19:34:31
      Beitrag Nr. 27 ()
      VANCOUVER, BC--(MARKET WIRE)--Jul 3, 2008 -- Ucore Uranium Inc. ("Ucore" or the "Company") (CDNX:UCU.V - News) is pleased to announce that it has closed its non-brokered private placement previously announced on May 27, 2008. The closing consisted of multiple tranches which were completed between June 23rd and July 2nd, 2008.

      ADVERTISEMENT
      The private placement consisted of sale of 7,865,000 units at a price of $0.40 per unit for total gross proceeds of $3,146,000. Each unit consists of one common share and one half of one common share purchase warrant with the price of exercise of the warrant set at $0.55. A total of 7,865,000 common shares and 3,932,500 common share purchase warrants have been issued. Each whole warrant gives the holder the right to purchase one additional common share for one year.

      A finder's fee of 7.0% of the total value of units purchased in the form of 50% cash and 50% common shares of the Company at a deemed value of $0.405 as well as a 7% commission in the form of common share purchase warrants were paid and issued to each of the eligible persons under TSX-V policies. A total of $109,410.00 in cash, 270,141 common shares and 547,050 common share purchase warrants were paid and issued. Each common share purchase warrant gives the holder the right to purchase one additional common share for one year with the price of exercise of the warrant set at $0.55.

      All securities issued under the private placement are subject to four month hold periods from each of the respective closing dates, expiring October 24, October 26, October 31 and November 3, 2008. Investors in the offering included one current officer and director of the Company who subscribed for 50,000 units. No valuation or minority shareholder approval of the insider participation was required under the policies of the TSX Venture Exchange because the value of the consideration paid represented less than 25% of the Company's market capitalization. The proceeds of the financing will be used to carry out exploration on the company's properties and for general working capital.

      James McKenzie, President of Ucore, said, "We are very pleased with the high level of support garnered in this round of financing. Ucore's flagship property at Bokan Mountain has delivered exceptional drill results to date, and the majority of funds from this round are earmarked for the advancement of this rapidly developing project."

      The Company also advises that an aggregate of 375,000 options have been granted to directors, officers, employees and consultants of Ucore, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of $0.45 per share and expire five years from July 2, 2008, the date of grant. Options will vest 25% on the first anniversary of the grant and in 25% increments every six months thereafter until fully vested.

      Ucore Uranium Inc. is a junior exploration company focused on establishing uranium resources through exploration and property acquisition. With more than twenty active projects, Ucore's primary focus is the 100% owned Bokan Mountain uranium and rare earth element property in Alaska.

      This press 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 exploration drilling, exploration activities and events or developments that Ucore expects, are forward-looking statements. Although Ucore 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

      The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

      NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA US NEWSWIRE SERVICES

      Distributed by Filing Services Canada and retransmitted by Marketwire


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