Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

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  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Private Placement Oversubscribed

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Private Placement Oversubscribed

posted on Aug 20, 09 02:52PM

VANCOUVER, BRITISH COLUMBIA--(Aug. 20, 2009) - UC Resources Ltd. (TSX VENTURE:UC) -

Further to the Company's news releases of August 17 and 18, 2009 announcing private placements of $1,260,000, the Company is pleased to announce it has arranged an additional non-flow-through offering of 707,000 units, at $0.13 per unit, to raise an additional $91,910 for working capital. Each unit will be comprised of one share and one-half of a warrant with a full warrant entitling the holder to purchase one additional non-flow-through share, at a price of $0.20 per share, for a period of two years. The financing is subject to regulatory approval.

There is no finder's fee payable in connection with the oversubscription.

UC Resources Ltd. is an active explorer of base metals in the McFaulds Lake area of the James Bay Lowlands, Ontario, and an explorer and a very near term producer of precious metals in Mexico.

On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

FOR FURTHER INFORMATION PLEASE CONTACT:

UC Resources Ltd.
Vancouver Head Office

Toll Free: 1-800-366-8566 (Canada & USA)


www.ucresources.net

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

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