La Yesca Production

UC Resources announced the granting of a US$350,000.00 loan facility from the Mexican Mining Development Trust - Fideicomiso de Fomento Minero (FIFOMI).

Funds from this loan will be used for the completion of UC Resources production facility at La Yesca which is now fully funded through to production, and working capital for inventories while cash flow is realized. The La Yesca mill is nearing completion awaiting final MIA (environmental approval) and commissioning will begin immediately after the tailings containment pond is completed.

The Company has received an environmental permit (MIA) from the Mexican Ministry of Environment and Natural Resources (SEMARNAT). This permit will allow the Company to immediately begin construction of a compliant tailings containment pond which is the final step before the commissioning of the mill. It is expected that it will take approximately 6 weeks to complete the tailings pond.

The production facility at La Yesca in Nayarit state, Mexico is now ready to begin processing material from the La Yesca tailings deposit.

UC Resources has also completed an extensive sampling program on numerous outcrops on the Xora claim, which is located three kilometres from UC's asset just outside La Yesca