Uruguay Mineral Exploration Inc: Notice of Results

    LONDON, October 4 /CNW/ - Uruguay Mineral Exploration Inc ("UME") (TSX
VENTURE:UME) (LSE:UGY) will announce its financial results for the quarter
ended 31st August 2007 on Thursday 11th October 2007 at 07.00 UK Time. There
will be no subsequent Conference Call as the Company will hold its Annual
General Meeting at 16.15 on Thursday 11th October at City of London Club, 19
Old Broad Street, London EC2. Presentation materials will be available at


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

    Editors note: Uruguay Mineral Exploration Inc. is a gold producer and
exploration company focused on identifying and developing mineral
opportunities in Uruguay. UME is a fully integrated mining company, possessing
the skills necessary to explore and develop its discoveries. The Company
operates the only producing gold mine in Uruguay (San Gregorio), and is also
the leading mineral exploration company in Uruguay having assembled an
exploration portfolio based on gold, base metals (copper, nickel, lead, zinc)
and diamond prospects.

    Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London
(AIM) and RBC Capital Markets is its Nominated Adviser and Broker.

For further information:

For further information: Uruguay Mineral Exploration Inc Tony Shearer,
Chairman: +44 20 7602-1570 tonyshearer@btinternet.com David Fowler, CEO: 598 2
6016354 urumin@ume.com.uy or Investor/Media Relations Emily Bruning, Shared
Value Ltd: +44 (0) 20 7321 5027 ebruning@sharedvalue.net or RBC Capital
Markets Andrew Smith: +44 (0) 20 7029 7882 andrew.smith@rbccm.com Sarah
Wharry: +44 (0) 20 7653 4667 sarah.wharry@rbccm.com Martin Eales: +44 (0) 20
7029 7881 martin.eales@rbccm.com

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