Agoracom: Small Cap Investment - UC Resources Ltd. - Re: grid 2 of Noront presentation

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klegg

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Re: grid 2 of Noront presentation - old joe

in response to

Re: grid 2 of Noront presentation - old joe

Old Joe

posted on May 13, 2009 08:52AM

I am assuming nothing spectacular from winter driling as they have said nothing:

December 11, 2008, UC Resources Ltd.: Vancouver, British Columbia: Trading Symbol: TSXV:UC

UC Resources Ltd. ("UC" or "the Company") is pleased to announce that drilling has resumed on the McFaulds property in Northern Ontario. The current drill program will be concentrated near the location of drill hole UC-08-04 (assay results are pending), where volcanogenic massive sulphide style mineralization was noted, which is in proximity to two gold discovery holes drilled by Noront Resources Ltd. (TSXV:NOT) (see Noront news release September 15, 2008). It is anticipated that both the drill program and preparation for a gravity survey in the north-western portion area of McFaulds East block #2 can be completed prior to the Christmas break.

February 23, 2009, UC Resources Ltd.: Vancouver, British Columbia: Trading

Symbol: TSX-V: UC

The company is pleased to announce the commencement of line cutting followed by a

series of geophysical surveys including gravity and gradient magnetics on the McFaulds

East block, with the outlook of designing a follow-up drill exploration program for

chromite type deposits. UC Resources Ltd. (“UC”) is in a multi-year option agreement

where UC can earn up to a 55% interest in the McFaulds JV from Spider Resources Inc.