UC Resources (TSX-V: UC) is a Canadian exploration, development and production company which has an opportunity-driven acquisition strategy.  Its main focus is on production and exploration opportunities in Mexico. However, it will also be active in Canada on a very select basis on exploration projects, which have the potential to add significant shareholder value.

In Canada

The Company’s Canadian exploration program is at the McFauld’s Lake volcanic-hosted massive sulphide (“VMS”) project in the James Bay Lowlands of Ontario.  This areas has recently received significant interest by the investment community due to some significant results by Noront Resources (TSXV:NOT).  To date, in excess of $9 million has been expended on the project, of which 47 drill holes, totaling nearly 15,000 meters have been drilled on the McFauld’s #1 and #3 occurrences.  Some of the highlights of this drill program in past years includes:  McF-04-57 18.8 meters of 8.02% Copper and Mc-03-18 discovery hole intersected multiple zones, enriched in Zinc, averaged 4.83% Zn over 25.75 meters (also 0.51% Cu).  The Company currently has an option to earn-in up to 55% undivided interest in the McFauld’s Lake Project.

The current exploration program by UC has returned some significant results, including an intersection of 4.35% Zn, 2.69% Cu, 0.35 g/t Au and 6.63 g/t Ag over 19 metres.

In Mexico

UC is an emerging producer of Gold and Silver. The Company's goal is to combine both cash flow from production along with a significant exploration upside from its mining assets.

UC Resources has made several significant corporate achievements of recent and is aggressively moving ahead with its 100% interest in the 152,000 hectare (1,500 sq km’s) historically productive Gold and Silver Copalquin Project in NW Durango, Mexico. The Copalquin Mining District is reputed to have produced at least 250,000 ounces Gold and 11 million ounces Silver.

Mexico is the number one producer of Silver in the world, and remains a most favourable environment for mining and investment. Copalquin is located in the heart of Mexico’s prolific Sierra Madre Mining belt and is our flagship property. It has returned both high-grade Gold and Silver results.

The outlook appears to be on track, with an aggressive management team, funding in place, and better defined target areas at Copalquin. UC Resources is showing many of the signatures of some of the mid-tier producers in the Sierra Madre Occidental Mining Belt. We have some significant occurrences happening; production from new acquisitions, high grade drill results upon completion of phase 2 drilling, and Phase 3 drill program pending. Corresponding technical reports and data will be available shortly.

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