SO correct me if I am reading the NR wrong but does the last two sentence's:

In addition some staking of new claims has been completed by our partners and UC Resources has indicated their intention to participate in the new claims as per the option agreement. The company expects to have drill ready targets and commence a drill program during Q1 2008

mean that everything SPQ/KWG have staked, UC will have a 55% intrest in?

drill it and they will come

griz