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UUC Karoo Exploration Corporation

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Share Name Share Symbol Market Type
Karoo Exploration Corporation TSXV:UUC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

United Uranium Corp. Announces 2008 Exploration Program

08/01/2008 4:09pm

Marketwired Canada


United Uranium Corp. (TSX VENTURE:UUC). The Company is pleased to announce
exploration programs for 2008.


A winter program of diamond drilling is planned on the South Bear project
located within the Athabasca Basin near its eastern margin. The property has
both radiometric and geochemical anomalies and has not been previously drilled.
This drilling is aimed at exploring the potential for a high grade "unconformity
type" uranium deposit. Government of Saskatchewan reports state that the 30
deposits discovered to date in the Athabasca Basin contain a resource of 587,000
tones of U at an average grade of 1.97% U.


A program of overburden drilling and ground geophysics at our Peace
River-Buffalo Head Hills diamond joint venture (50% United Uranium Corp., 50%
Star Uranium Corp.) in Northern Alberta is scheduled to start in late January.
Samples obtained from the drill cuttings will be analyzed for kimberlite
indicator minerals and the results will be used to locate any kimberlite pipes
on the property. A follow-up program likely involving diamond drilling will take
place later in the year. The Peace River-Buffalo Head Hills property is located
70 km to the southwest of the Diamondex/Shore Gold JV cluster of kimberlite
pipes.


In the Fort a La Corne area east of Prince Albert, Saskatchewan, United Uranium
Corp. has a number of claims in a 50/50 joint venture with Star Uranium Corp.
(TSX VENTURE:SUV). One kimberlite pipe was discovered several years ago and some
drilling was carried out. Further work on these properties is planned for the
summer of 2008. At the moment, 25 of the claims are in legal limbo because of a
dispute with Shore Gold, as referenced in the Company's press release dated
January 4, 2008.


ON BEHALF OF THE BOARD

Eric Wray, President

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1 Year Karoo Exploration Corporation Chart

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