Uravan Announces New President


    CALGARY, Oct. 9 /CNW/ - The Board of Directors of Uravan Minerals Inc
("Uravan") (TSXV: UVN) is pleased to announce the appointment of Mr. James
Marlatt as the new President, Chief Operation Officer (COO) and Director of
Uravan Minerals Inc. This appointment will become effective December 1, 2007
and has been made as an on going effort to add new knowledge, depth and
diversification to Uravan's management team. Mr. Larry Lahusen, the current
President and Chief Executive Officer (CEO) of Uravan will continue as CEO and
Chairman of the Board (the "Executive Chairman"). James Marlatt and Larry
Lahusen will work closely to develop new uranium exploration strategies and to
advance potential acquisitions, opportunities and creative ideas for Uravan's
exploration success.
    Mr. James Marlatt is a Professional Engineer holding a Bachelor of
Science Degree with Honors in Geological Engineering, with a specialization in
geophysics, from Queen's University (1978), and an Executive MBA from
Athabasca University (2005). Jim is a strong proponent of leadership
development, is a Certified Executive Coach, and is pursuing a PhD in Human
and Organization Development at Fielding Graduate University. Jim has been
practicing as an exploration geologist for over 30 years, primarily as an
exploration manager for Cameco Corporation. Jim has extensive experience in
uranium exploration and was the project and senior geologist responsible for
the development and management of technical programs leading to the discovery
of Cameco's McArthur River uranium deposit in 1988. From 1995 to 2000, Jim was
the Exploration Manager for Cameco Australia where he developed a regional
operation and exploration team, was responsible for building stakeholder
relationships, and negotiated land access agreements with the Traditional
Owners. In 2001, Jim became Cameco's Manager of Technical Services for
exploration. From 2002 to 2007, Jim became Director of Global Exploration
where he and his technical team were responsible for building Cameco's
worldwide uranium project portfolio. Jim has been a public director of
mid-tier and junior resource companies. Jim has particular expertise in
developing joint venture opportunities, exploration programs, and specialist
knowledge in the exploration for uranium deposits, and extensive experience in
developing applied industry-university collaborative research initiatives.
    The Board of Directors of Uravan supports and welcomes James Marlatt to
the Uravan team and Larry Lahusen comments, "I believe Jim will provide strong
leadership, many creative ideas and guidance on all levels of Uravan's
activities; and, with Jim's presence, Uravan and Cameco will develop an even
stronger business relationship going forward".
    Mr. Marlatt will become fully active with Uravan on December 1, 2007. The
Board of Directors of Uravan intend to grant Mr. Marlatt a signing bonus of
100,000 Uravan common shares (the "Shares") at the present market price and
300,000 common share purchase options ("Stock Options") pursuant to Uravan's
incentive stock option plan (the "Plan"). Each Stock Option can be exercised
into common shares of the Uravan at an exercise price of $0.86 per share. The
term of the Stock Options granted under the Plan will be five years. The grant
of Shares and Stock Options are subject to receipt of all required regulatory
approvals including that to the TSX Venture Exchange.

    About Uravan Minerals Inc.
    Uravan Minerals Inc. ("Uravan") is a Calgary, Alberta based mineral
exploration company specializing in uranium, base metal (nickel, copper) and
precious metal (gold, platinum, and palladium) exploration. Uravan's principal
assets are the Boomerang uranium project, the Garry Lake uranium property and
the Rottenstone Nickel-Copper-PGE project. Due to the increase in the uranium
spot prices, going from $7.10 per pound U3O8 in 2000 to $75.00 recently,
Uravan has focused on exploration for potential high-grade unconformity-type
uranium deposits on its joint Cameco-Uravan Boomerang uranium project and its
Garry Lake uranium project plus acquiring additional uranium properties in
other potential geological domains. Uravan is a publicly listed company on the
TSX Venture Exchange under the trading symbol UVN. Uravan has 26,557,614
shares outstanding and approximately $11.0 million in working capital. All of
the mineral properties Uravan owns are considered in the exploration stage of

    This press release may contain forward looking statements including those
describing the Corporation's future plans and the expectations of management
that a stated result or condition will occur. Any statement addressing future
events or conditions necessarily involves inherent risk and uncertainty.
Actual results can differ materially from those anticipated by management at
the time of writing due to many factors, the majority of which are beyond the
control of the Corporation and its management.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Larry Lahusen, Executive Chairman, Uravan
Minerals Inc., Tel: (403) 264-2630, Email: llahusen@uravanminerals.com,
Website: www.uravanminerals.com

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Uravan Minerals Inc.

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