UC Resources Ltd (C:UC)
Shares Issued 131,608,127
Last Close 10/5/2009 $0.10
Tuesday October 06 2009 - News Release

Also Spider Resources Inc (C:SPQ) News Release
Also KWG Resources Inc (2) (C:KWG) News Release

Mr. Jim Voisin of UC reports

UC RESOURCES PREPARES FOR MORE DRILLING IN MCFAULDS LAKE PROPERTY PACKAGE

UC Resources Ltd. would like to advise that JVX Geophysics Ltd. has mobilized a field crew to the James Bay Lowlands, in the area known as the Ring of Fire, where UC has the right to earn up to 55 per cent of the McFaulds East and West blocks currently held by Spider Resources Inc. (TSX VENTURE: SPQ) and KWG Resources Inc. (TSX VENTURE: KWG) which encompasses approximately 31,000 hectares. As previously announced in Stockwatch Aug. 27, 2007, UC advised Spider and KWG that it had completed the third year spending commitment on the McFaulds Lake option agreement and delivered unaudited proof thereof to them. Spider and KWG are currently in the 45-day review period to approve the expenditures and confirm UC's earn-in level to 40 per cent. The ground geophysical survey consisting of time domain electromagnetics (TDEM) and MaxMin will be targeting two high-priority targets on the McFaulds West property that are in close proximity to a previous drill hole location from August, 2009. These targets are situated directly within a highly magnetic bull's eye structure situated along a linear magnetic feature that was outlined by previous Aerotem and VTEM surveys, as well as the company's recent ZTEM survey. The near-surface targets are highly conductive and situated directly over a deeper target of lower conductance that has been traced by ZTEM for greater than 10 kilometres in length and up to three kilometres in width.

Initially MaxMin ground electromagnetic testing will be conducted over these two anomalies in an effort to better identify their location in preparation for immediate shallow drill testing. A second deep-penetrating loop EM (TDEM) will then be conducted over what is thought to be a shallower area of the larger deeper conductor in an effort to identify both location and depth of the much deeper and larger anomaly. It is hoped that these two EM surveys will identify if the shallower and deeper anomalies are connected and then a decision on drilling the deeper anomaly will be based on both of the geophysical responses, as well as results from the shallower drilling.

Final assay results from the company's recently completed three-hole drill program have not been received as of yet as some expanded assays were requested based on initial results.

UC Resources continues to evaluate solutions and options for the recommissioning process of the La Yesca mill located west of Guadalajara, Mexico. The company is committed to this project and considers it a key strategic growth opportunity.

Notice they say "some expanded assays were requested based on initial results" definitely promising.