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2006


2006

UC Resources Ltd. Announces Mar Project Added to Minera Silver Creek Acquisition
May 9, 2006

UC Resources Ltd.: Torreon, Coahuila, Mexico/Vancouver, British Columbia; Trading Symbol: UC: TSXV (the “Company” or “UC”)

The Company is pleased to announce that Minera Silver Creek S.A. de C.V. (which, subject to regulatory approval, is being acquired 100% by the Company- see April 20th, 2006 news release) has signed a Letter of Intent to acquire the MAR production and exploration assets for a cost of seventy-thousand U.S. dollars ($70,000.00). The MAR project consists of a 100 hectare mining exploitation concession, and contains an ore dump that is immediately ready to be processed. It is the Company’s intention to add to the land package in due course.

Minera Silver Creek is also adding a 100 tonne per day milling facility to the MAR package, at a cost of one-hundred and twenty thousand U.S. dollars ($120,000), payable over twelve monthly instalments of ten-thousand U.S. dollars ($10,000.00) each. This mill is a completely self contained and a modern portable unit that can be used at any of UC’s projects in the future.

With The La Yesca and the MAR projects, Minera Silver Creek will have the ability of processing 300 tonnes per day of feed through these two milling facilities.

One of UC’s key business objectives in its growth phase is to have an exploration arm in Mexico as well as an operating arm. Minera Silver Creek will be the operating arm of the Company, whereas UC’s Minera Planet Exploration S.A. de C.V. will continue to be the exploration arm of the Company, and continue to develop and prove up the Copalquin project located in the Northwest portion of Durango State.

UC retained a qualified person pursuant to National Instrument 43-101, who recently visited both the MAR and the La Yesca properties (see April 20th acquisition news release) for nine days and is completing two technical reports for UC’s management to complete it’s due diligence. Results of the sampling at the two projects are still pending but are expected to be received within the next two weeks.

Closing of the Minera Silver Creek acquisition by UC is expected within 30 days, and is subject to TSX Venture Exchange approval.

The La Yesca mining project is located near the town of La Yesca, in the state of Nayarit, and is located approximately two hundred kilometers west of Guadalajara, Mexico. The project consists of a 600 hectare mining concession which includes two previous producing mines. The project also includes a modern milling facility capable of milling two hundred (200) tonnes per day of feed. Approximately two hundred thousand (200,000) tonnes of tailings are available to process immediately, with the tailings containing good grades of both gold and silver.

The Company’s due diligence in regard to the La Yesca project included the processing of a large bulk sample, which yielded high recoveries for both the gold and silver components contained in the tailings, using a copper thiosulfate extraction process. Particulars will be available on receipt of the 43-101 report.

On closing, the mill will be upgraded and slightly modified to add significantly higher recovery rates principally for the extraction of silver, and the expected start-up time for the mill will be approximately three to four months, after closing of the transaction. Production will originally be derived from the existing tailings, and will be followed by ore that will be processed from existing stockpiles. An assessment as to the size of the stockpiles is currently under way. Preliminary work on the existing mine sites will begin immediately, with the start of a drilling program in September, with the objective of mining in the first quarter of 2007. The Company will issue progress reports in a timely manner, and as work progresses.

UC has made several significant corporate achievements of recent and is currently on the drilling phase of the 2005-06 Phase 2 Exploration Program on its 200 sq. km (approximately) 100% owned historically productive gold and silver Copalquin Project. The Copalquin mining district is located in NW corner of the State of Durango, Mexico and is centrally position within Mexico’s prolific Sierra Madre Mining belt. Copalquin has returned both high-grade gold and silver results from recent drilling in Phase 1 and Phase 2 exploration program and the company expects to have regular updates to update it shareholders on its 3 projects.

In lieu of these latest acquisitions, management of UC has decided not to proceed with the acquisition of the milling facilities of the 60 tonnes per day La Dura project, and has decided to acquire larger, more modern and versatile facilities.

On behalf of the Board of Directors,

Richard J. Hamelin, President/Director

For further information: 
William Elston, VP Corporate Development, Officer
#1000, 355 Burrard Street, Vancouver, B.C. V6C 2G8 Canada
Toll Free: 1-800-366-8566 (Canada & USA)                  
Website: www.ucresources.net

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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