Dear Shareholder,

Thank you for your inquiry. The following answers were provided by UC Resources.

----------------------------- 

I had requested info, when UC will release drill results from aug. drilling?

We anticipate releasing those results shortly...as they become available.

When will they have ownership of LaDura(this was suppose to be signed up last Dec.)?

La Dura has been held up due to a debt negotiation on the project, which the company has been in discussions about for some time.

When will we get La Yesca milling? (we where suppose to have this flowing in march of this year)

Commisioning a mill takes time, and production comes after much trial and error... We have run 200tpd feed through the mill, the key lies in the recovery rates of gold and silver, the key is to get them as high as possible to maximize the economics of the deposit.  Our process engineers and metallurgists have been making strides to maximize these results and get the project into commercial production.  A date cannot be guaranteed but daily we get closer, and the results continue to improve.

When will drilling start in Mexico?

Drilling in Mexico has been slated for October/November, the drill program has just been approved.   And we will look to mobilize drill crews shortly

When will we start drilling in MacFaulds?

We just finished a drill program and we are the only company other than Noront that has drilled any holes to date.  The drill crews are tough to come by in that area and only so many people are available.  We will look to re-enter when the timing is favorable, and resources are available.  At present we are assessing all of the data and very excited about our holdings and the "look - a like" anomalies and our intention is to get after them.

Regards,

AGORACOM Investor Relations