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Satellite Imaging Expands Targets in Phase 2 Exploration Program at Copalquin Gold and Silver Property in North Western Durango, Mexico
December 15, 2005
December 15th, 2005 Torreon, Coahuila Mexico; UC Resources Ltd. (TSXV: UC): Mr. Richard Hamelin is pleased to announce that based on early results from the current exploration program the board of directors of UC Resources have approved expanding the proposed 2005 / 2006 exploration program on its 19,269 hectare (192 sq km’s) historically productive gold and silver Copalquin Project in Northwest Durango, Mexico.
The company has been advised by our geological consultants that a recently completed satellite imaging (ASTER) project has identified multiple high priority targets approximately three kilometers east of the El Cometa – El Refugio target area.
The objective of the satellite imaging program was to determine if known outcropping mineralized zones, specifically the El Cometa - El Refugio target areas, have a distinctive signature. The ASTER imagery clearly delineated an extensive, probable kaolinite - alunite alteration zone (clay alteration zone) that coincides with an area of mapped kaolinite alteration situated between the El Cometa and El Refugio prospects. This style of alteration is typical of the upper levels of an epithermal vein system and results of the program clearly supports the current geological model that predicts that the El Cometa and the El Refugio are part of a more extensive mineralized area.
The anomalous areas identified to the west of the El Cometa – El Refugio area exhibit responses that are very similar to the response associated with the mapped kaolinite alteration zones. These areas may represent an extension of the epithermal system at Copalquin or they may represent parts of a previously unrecognized epithermal system. During the next few weeks these target areas will be the focus of detailed mapping, geochemical sampling and if warranted diamond drilling as part of the current exploration program at Copalquin.
Richard Hamelin reports: “Utilizing modern exploration tools like Aster imagery and other geological and drilling technology in Phase two at Copalquin, I believe UC will soon have significantly more information on this 192 sq. km land package. As UC now has a 100% interest at Copalquin and the attractive interest that Mexico, Gold & Silver and in general, the investment interest in the prolific Sierra Madre Occidental Mining Belt we are in a much better position going into 2006.
Mexico is and remains an extremely attractive region for international investment of developing mining projects. Copalquin is showing signature quality’s of a typical epithermal deposit and with its significant historical silver and gold production combined with the positive results from Phase 1, our team has great confidence that Phase 2 it will bring to light new targets and data that will prove invaluable to us."
The technical information contained in this release was prepared by Carl von Einsiedel, P.Geo., a "qualified person" within the meaning of National Instrument 43-101 for the Copalquin Project.
Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
On behalf of the board of directors,
Richard J. Hamelin, President/CEO/Director
For additional information contact:
William Elston – VP Corporate Development
#1000-355 Burrard Street
Vancouver, B. C. V6C2G8 Canada
Toll Free: 1 (800) 366-8566
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.
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