The third year earn-in, under the terms of the option agreement, has already begun. Drilling of four anomalies has now been completed and will resume after freeze up. After freeze up, UC plans to conduct gravimetric ground geophysics over portions of an eight kilometre magnetically rendered anomaly on the extreme western portion of the East Block claim group, that may be part of a folded extension of the intrusive ultramafic sill that hosts the recently announced Freewest Resources (TSX VENTURE:FWR) Black Thor chromite discoveries, as well as Spider/KWG - Freewest option property's Big Daddy chromite discovery, as well as Noront Resources (TSX VENTURE:NOT) Blackbird 1 and 2 chromite discoveries. To date, these chrome discoveries remain open at depth and along strike, and may extend into the East Block claims.

Drilling of two diamond drill holes has been completed on the "Hook" anomaly and two holes have been completed on "Lightning Bolt" anomaly. Assays are pending on these holes. The "Lightning Bolt" anomaly has been geophysically rendered and is interpreted as a fourteen kilometre long banded iron formation trending in a north east direction from the south west corner of the West Block. Noront Resources has reported significant gold values from what appears to be a continuation of this occurrence some 400 meters north east of the property boundary with UC, Spider and KWG (see Noront press release dated September 15, 2008).

UC Resources is an active explorer of base metals in the McFaulds Lake area of the James Bay Lowlands, Ontario, and an explorer and a very near term producer of precious metals in Mexico.

On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

We seek safe harbour.

SOURCE: UC Resources Ltd.

UC Resources Ltd.
Jim Voisin
President & CEO
(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)
(604) 608-6163 (FAX)
Website: www.ucresources.net

Funds from this loan will be used for the completion of UC Resources production facility at La Yesca which is now fully funded through to production, and working capital for inventories while cash flow is realized. The La Yesca mill is nearing completion awaiting final MIA (environmental approval) and commissioning will begin immediately after the tailings containment pond is completed.

It is important to note that the FIFOMI loan also serves as a major accreditation from the Mexican Business Development Co-corporation in conjunction with the Government of Mexico.

The La Yesca mill is a complete reconstruction of the previous La Yesca mill and is located four kilometres outside the town of La Yesca, Mexico in Nayarit State. Once commissioning is complete the La Yesca mill has a design capacity of 200 tons per day (TPD) of tailings from the estimated 220,000 tons of tailings grading 2.0 g/t Au and 220 g/t Ag silver. (Burns 43-101, 2006)

UC Resources would like to thank Mr. Norberto Roque, the Mining Coordinator of the Ministry of Economy, Mr. Alberto Oritiz, the Director of FIFOMI, Mr. Alfonso Sanchez, sub Director, and Mr. Rene Sotuyo, Regional Coordinator, for their assistance in this funding.

UC Resources would also like to confirm that the drilling of the "Hook" occurrence has begun in the James Bay Lowlands project in the area known as "The Ring of Fire". UC Resources (TSX VENTURE:UC) has the right to earn a 55% interest in the East and West blocks currently held by Spider Resources Inc. (TSX VENTURE:SPQ) and KWG Resources Inc. (TSX VENTURE:KWG). A number of high priority targets have been identified and will be drilled in sequence.

UC Resources is an active explorer of base metals in the McFaulds Lake area of the James Bay Lowlands, Ontario, and an explorer and a very near term producer of precious metals in Mexico.

On behalf of the Board of Directors,

Jim Voisin, President & CEO, UC Resources Ltd.

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

We seek safe Harbor.

SOURCE: UC Resources Ltd.

UC Resources Ltd.
Vancouver Head Office
#1000, 355 Burrard Street
Vancouver, B.C. V6C 2G8 Canada
Toll Free: 1-800-366-8566 (Canada & USA)
Website: www.ucresources.net

UC Resources is pleased to announce the acquisition of 37 contiguously staked claims consisting of 499 units totalling approximately 7984 hectares or nearly 80 square kilometres in the McFaulds Camp, Ring of Fire area.

These claims are contiguous to the McFaulds East Block claims held by UC Resources (TSX VENTURE:UC), Spider Resources (TSX VENTURE:SPQ) and KWG Resources (TSX VENTURE:KWG) and will become part of the claims held by the joint venture partners. The east block hosts the VMS occurrences of McFaulds #1 and #3 as well as a number of other locations where Spider Resources and KWG Resources have had historic success identifying mineral occurrences. The claims were staked based on historic data available and based on results from the recent Aerotem Geophysics program.

The location of the new claim block is east-south east of the present east claim block.

A detailed airborne survey of this new large block of claims will be conducted in the future to identify drill locations.

UC Resources is an active explorer of base metals in the McFaulds Lake area, and an explorer and a very near term producer of precious metals in Mexico.

On behalf of the Board,

Jim Voisin, President & CEO, UC Resources Ltd.

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com.

SOURCE: UC Resources Ltd.

UC Resources Ltd.
Vancouver Head Office
#1000, 355 Burrard Street
Vancouver, B.C. V6C 2G8 Canada
Toll Free: 1-800-366-8566 (Canada & USA)
Website: www.ucresources.net

"This is a major milestone for the Company and will hopefully allow us to commission the mill prior to the end of the year," states Jim Voisin, President of UC Resources.

The La Yesca mill has a design capacity of 200 tons per day of tailings and was designed with the flexibility to add additional tonnage of hard rock feed should an economic source be found nearby. The mill was constructed in a very timely fashion after being approved for re-development by the board of directors in late January 2008. The mill is now completed and ready to process feed from the nearby tailings pile as soon as the tailings containment pond is operational.

An extensive mapping and sampling program has been conducted over the last four months on the 100% owned Xora claim some three kilometres from the La Yesca mill. This internal non-compliant surface sampling has been conducted on many areas of the concession such that a qualified geologist under the 43-101 guidelines will be sent to re-sample and confirm samples collected by Minera Planets Chief Geologist Antonio Padron. Applications for road building and drilling permits have been submitted for the Xora claim which will be drilled as cash flow from the La Yesca mill is available.

UC Resources is an active explorer of base metals in the McFaulds Lake area of the James Bay Lowlands, Ontario, and an explorer and a very near term producer of precious metals in Mexico.

On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

We seek safe harbour.

SOURCE: UC Resources Ltd.

UC Resources Ltd.
Jim Voisin
President & CEO
(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)
(604) 608-6163 (FAX)
Website: www.ucresources.net