SASKATOON, July 10 /CNW/ - United Uranium Corp. (UUC - TSX Venture) &
Star Uranium Corp. (SUV - TSX Venture) (collectively the "Companies") were
advised today by the Registrar of the Saskatchewan Court of Appeal that the
appeal taken by Shore Gold Inc. (SGF.T) ("Shore") from the decision of the
Saskatchewan Court of Queen's Bench granting the Companies the right to record
Mineral Dispositions in the Fort a la Corne area was dismissed.
In the March 1, 2007 Queen's Bench judgment, Mr. Justice Barclay ruled in
favor of the Companies in deciding that they were entitled, in priority to
Shore, to register mineral claims to 25 blocks of land in the Fort a la Corne
area (the "Claims"). Shore appealed the ruling, thereby halting any
exploration on the Claims as referenced in the Companies' press release of
January 4, 2008.
The dispute over the Claims arose on June 2, 2003, regarding an issue of
who was first in line at the Department of Mineral Resources of the Government
of Saskatchewan. The above referenced decision of the Saskatchewan Court of
Appeal confirmed that the Companies' representatives were in fact first in
line, and were entitled to register the Claims. In total, the Claims cover
Kyle Kozuska, Director of United Uranium Corp. and Star Uranium Corp.
stated "we are exceedingly pleased with the ruling we received from the Court
of Appeal for Saskatchewan. The location of these properties gives them the
potential to be of major importance within the Fort a la Corne diamond area of
Saskatchewan. We are now able to aggressively move ahead to pursue exploration
of the Claims. We are in the process of developing our exploration strategy
for the Claims, and look forward to updating our shareholders in this regard
very soon. I would like to extend a sincere thank you to all our shareholders
in showing patience through this appeal process".
The Claims are owned 50/50 by the United Uranium Corp. and Star Uranium
Caution Regarding Forward-Looking Statements
Certain statements in this press release may contain "forward-looking
statements" within the meaning of securities legislation. By their very
nature, forward-looking statements involve inherent risks and uncertainties,
both general and specific, and risks exist that predictions, forecasts,
projections and other forward-looking statements will not be achieved. We
caution readers not to place undue reliance on these statements as a number of
important factors could cause the actual results to differ materially from the
beliefs, plans, objectives, expectations, anticipations, estimates and
intentions expressed in such forward-looking statements. All forward-looking
statements contained in this press release are based on Star and United's
current beliefs as well as assumptions made by and information currently
available to Star and United concerning exploration plans, development,
strategies and mining activities. When relying on our forward-looking
statements to make decisions with respect to Star and/or United, investors and
others should carefully consider the foregoing. Star and United do not
undertake to update any forward-looking statement, whether written or oral,
that may be made from time to time by Star and/or United or on their behalf.
More information about risks and uncertainties affecting the Companies and
their business is available in the Companies regulatory filings which are
posted on sedar at www.sedar.com.
For more information please contact the Companies at (306) 664-3828
On behalf of United Uranium Corp. and Star Uranium Corp.
The TSX Venture Exchange Does Not Accept Responsibility For The Adequacy
or Accuracy of This News Release
For further information:
For further information: Christina Dewald, Corporate Secretary, United
Uranium Corp., Star Uranium Corp., (306) 664-3828