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WUC Western Uranium Corp.

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Share Name Share Symbol Market Type
Western Uranium Corp. TSXV:WUC 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 -

Western Uranium Provides Baza Project Update

14/06/2010 11:34pm

Marketwired Canada


Western Uranium Corporation (TSX VENTURE:WUC) ("the Company") provides a
material update regarding Baza Project in Spain. An administrative error in
filing an application for the renewal on one of the Company's permits for the
Baza Project has resulted in the cancellation of that permit. The area in
question covers approximately 1400 hectares of the overall 16000 hectares
covered by the various permits held by the Company. 


Actions are being arranged to correct the situation. This may require the
Company to reapply for the permit in a public bid and it is anticipated that the
entire process will take approximately six months to complete. While there is no
certainty of success, the Company anticipates the permit situation will be
resolved satisfactorily and work will again resume in the canceled area once the
issue is resolved. In the interim, work will be ongoing in the other areas of
the Project.


The data from the recently completed airborne geophysical program that covered
the entire project area is being processed and incorporated with geological and
geochemical data. Results from this will be used in planning future ground
programs and assisting in delineating drill targets. Drilling of two core holes
has been completed. Until the issue of the canceled permit area is resolved,
core from these holes will not be analyzed. 


About the Company

Western Uranium Corporation is a mineral exploration company. The Company has
exploration properties in Argentina, Nevada, and New Mexico for uranium and has
entered into an earn-in agreement with AuEx Ventures for the Baza gold-copper
project in Spain. The Company has its head office in Vancouver, Canada; its
executive management team is based in Reno, Nevada.


On behalf of the Board of Western Uranium Corporation

Pamela J. Klessig, President & CEO

1 Year Western Uranium Corp. Chart

1 Year Western Uranium Corp. Chart

1 Month Western Uranium Corp. Chart

1 Month Western Uranium Corp. Chart

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