Uracan increases strike length to 1500 meters at Double S zone, North Shore Property, Quebec



    Trading Symbol: (TSX - V): URC

    
    HIGHLIGHTS:

    -  significant thicknesses and grades in multiple drill holes
    -  strike length is now over 1,500 meters and remains open down dip and
       along strike
    -  drilling underway for 2008 program; second drill being added
    

    VANCOUVER, Jan. 29 /CNW/ - Uracan Resources Ltd. (the "Company") is
pleased to announce that it has received additional assay results from the
ongoing diamond drilling program on the Double S Occurrence within the
1075 Km2 North Shore Uranium Property in Quebec. Mineralization has been
extended from the previously announced 1,000 meter strike length to over
1,500 meters of strike length defined by diamond drilling.
    Significant results from the recent drill program include: 0.020% U3O8
over 65.5 meters in SS-07-57, 0.015% U3O8 over 57.95 meters including
20.25 meters of 0.026% in SS-07-58, and 0.013% U3O8 over 53.3 meters in
SS-07-56.
    This mineralization is open along strike to the north and south as well
as down dip. Previously mineralization was thought to narrow to the north,
however it now appears to continue to the north as a series of parallel
mineralized zones which swing further to the west than previously thought away
from areas of outcrop exposure.

    Double S Drilling
    -----------------

    Results for an additional 4,400 meters of diamond drilling in 16 drill
holes have been received since the previous October 30th news release. The
drill holes were planned to further assess the strike length and down dip
potential of the uranium mineralization seen at surface at the Double S
occurrence.
    Of particular significance is SS-07-58, which intersected a number of
mineralized zones with grades of individual intervals ranging from 0.015% to
0.034% U3O8 over widths ranging from 5.3 meters to 57.95 meters. These
mineralized zones occur further to the west than previously modeled,
indicating that mineralization to the north is still open, as previous
interpretation of the mineralization had mineralization narrowing to the
north. Further drill results are pending from additional drill holes completed
to the northwest of SS-07-58.
    The northeast dip of the mineralization is modeled based on surface
mapping of outcrop exposures and the diamond drill holes completed to date.
Generally the mineralization has a shallow northeast dip, but this dip
steepens locally. Modeling of the mineralized zone at Double S is ongoing.

    
    A summary of selected mineralized zones is included below:

    -------------------------------------------------------------------------
                                  Length  U3O8   From     To    Length  U3O8
     Drill Hole      From     To   (m)     %    (feet)  (feet)  (feet)  (lbs)
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    (*)SS-07-35(*)  180.5     206  25.5  0.019   592.2   675.8   83.7   0.38
    -------------------------------------------------------------------------
       SS-07-35     273.5   279.5     6  0.012   897.3   917.0   19.7   0.24
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-45      30.2    60.5  30.3  0.010    99.1   198.5   99.4   0.21
    -------------------------------------------------------------------------
       SS-07-45      81.5    93.4  11.9  0.019   267.4   306.4   39.0   0.38
    -------------------------------------------------------------------------
       SS-07-45     111.5   180.7  69.2  0.013   365.8   592.8  227.0   0.27
    -------------------------------------------------------------------------
       SS-07-45       194   205.9  11.9  0.010   636.5   675.5   39.0   0.20
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-46      17.2    46.8  29.6  0.010    56.4   153.5   97.1   0.19
    -------------------------------------------------------------------------
       SS-07-46        63    87.5  24.5  0.017   206.7   287.1   80.4   0.33
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-47      56.6    70.1  13.5  0.016   185.7   230.0   44.3   0.33
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-48       8.7    10.2   1.5  0.015    28.5    33.5    4.9   0.31
    -------------------------------------------------------------------------
       SS-07-48        93      96     3  0.012   305.1   315.0    9.8   0.24
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-49      74.1    76.7   2.6  0.026   243.1   251.6    8.5   0.52
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-50      57.6    81.3  23.7  0.015   189.0   266.7   77.8   0.31
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-51      79.3    88.1   8.8  0.018   260.2   289.0   28.9   0.36
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-52      54.5    61.4   6.9  0.020   178.8   201.4   22.6   0.41
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-53       111   117.7   6.7  0.014   364.2   386.2   22.0   0.28
    -------------------------------------------------------------------------
       SS-07-53     155.6     168  12.4  0.014   510.5   551.2   40.7   0.27
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-54      1.32       6  4.68  0.010     4.3    19.7   15.4   0.20
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-55      9.24   15.43  6.19  0.011    30.3    50.6   20.3   0.23
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-56     156.5   165.5     9  0.014   513.4   543.0   29.5   0.28
    -------------------------------------------------------------------------
       SS-07-56    315.89   369.2 53.31  0.013  1036.4  1211.3  174.9   0.26
    -------------------------------------------------------------------------
       SS-07-56     382.4   400.4    18  0.010  1254.6  1313.6   59.1   0.20
    -------------------------------------------------------------------------
       SS-07-56     427.4   434.9   7.5  0.017  1402.2  1426.8   24.6   0.35
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-57       1.5      67  65.5  0.020     4.9   219.8  214.9   0.40
    -------------------------------------------------------------------------
       SS-07-57       197  204.09  7.09  0.013   646.3   669.6   23.3   0.26
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
                                  Length  U3O8   From     To    Length  U3O8
     Drill Hole      From     To   (m)     %    (feet)  (feet)  (feet)  (lbs)
    -------------------------------------------------------------------------
       SS-07-58       9.2   67.15 57.95  0.015    30.2   220.3  190.1   0.31
    -------------------------------------------------------------------------
       includes       9.2   29.45 20.25  0.026    30.2    96.6   66.4   0.52
    -------------------------------------------------------------------------
       SS-07-58     81.75  120.85  39.1  0.019   268.2   396.5  128.3   0.37
    -------------------------------------------------------------------------
       SS-07-58     136.7   149.6  12.9  0.015   448.5   490.8   42.3   0.31
    -------------------------------------------------------------------------
       SS-07-58     174.3  179.65  5.35  0.034   571.8   589.4   17.6   0.68
    -------------------------------------------------------------------------
       SS-07-58    193.55  198.85   5.3  0.017   635.0   652.4   17.4   0.34
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
       SS-07-59      12.1    25.8  13.7  0.014    39.7    84.6   44.9   0.27
    -------------------------------------------------------------------------
       SS-07-59    170.85   198.6 27.75  0.012   560.5   651.6   91.0   0.23
    -------------------------------------------------------------------------
       SS-07-59     246.1   256.5  10.4  0.018   807.4   841.5   34.1   0.37
    -------------------------------------------------------------------------
       SS-07-59    271.55     281  9.45  0.016   890.9   921.9   31.0   0.31
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    (*)SS-07-35(*): the interval from 180.5 to 200 m in SS-07-35 was
                    previously released.
    

    Drill hole location information and a complete listing of assay results
will be posted on the Uracan website: www.uracan.ca
    Uracan is also pleased to announce the commencement of diamond drilling
on the North Shore Property for the 2008 program. One drill is currently
operating, with a second drill being mobilized to the property. The drill
program will target extensions to the Double S zone as well as test a number
of other uranium targets which have been defined by geophysics and surface
sampling and mapping.

    QA/QC
    -----

    Samples were shipped by company personnel in sealed containers to Chemex
Laboratories of Val D'Or, Quebec for analysis. Chemex is the laboratory
facility used for all assays from the North Shore Property program. Samples
are weighed and catalogued before sample preparation. The samples are crushed
to 70% less than 2mm, split and the pulverized to 85% of the sample being less
than 75 (micro)m. All samples are assayed using ICP-MS with analysis completed
for 47 elements.
    A QA/QC program was implemented as part of the sampling procedure for the
drill program. Field duplicates and field blanks were inserted into the sample
stream with at least one blank and one duplicate inserted per group of 40
samples sent to the laboratory. Uracan does not have a uranium standard to
insert into the sample stream at this time. The laboratory also has an
extensive in house QAQC system as part of their quality control system.

    Uracan Resources Ltd. is a publicly-listed uranium exploration company,
exploring for shallow, bulk tonnage style of uranium mineralization in Canada.
Uracan is led by a team of proven exploration and mine entrepreneurs and
mine-builders. The information in this news release has been prepared and
reviewed by Marc Simpson, P. Geo., the Company's Qualified Person under
National Instrument 43-101 standards.

    The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The foregoing
information may contain forward-looking statements relating to the future
performance of Uracan Resources Ltd. Forward-looking statements, specifically
those concerning future performance, are subject to certain risks and
uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate securities commissions.





For further information:

For further information: Gregg J. Sedun, President and CEO; or Marc
Simpson, Exploration Manager, (604) 682-5580; Keith Schaefer, Vanguard
Shareholder Solutions Inc., (604) 608-0824, www.vanguardsolutions.ca

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Uracan Resources Ltd.

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