Uranium City Resources

Saskatchewan Office

P.O. Box 1216
Regina, Saskatchewan,
S4P 3B4

Phone: +1.306.525.0852
Fax: +1.306.569.0302

Exploration Office

4 Al Wende Avenue, Box 546
Kirkland Lake, Ontario
Canada P2N 3J5

Phone: +1.705.567.5351
Fax: +1.705.567.5557

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MEETING THE COMMODITY RESOURCE DEMANDS OF A CHANGING WORLD

The global economy is facing an unprecedented confluence of events that stands to re-shape the way people think and do business. China, India and their neighbors are leveraging their huge populations and transforming their societies to create an urban middle class of epic proportions. As this middle class of people continues to swell in numbers, the resulting demand for energy, metals and in fact all commodity resources will remain robust.

To meet the growing demand for energy, the global economy will have to identify strategies to reduce dependence on fossil fuel. To this end, it is now readily apparent that a shift toward nuclear energy has begun in earnest. Meeting the future projected demands for Uranium will require the identification and development of many new Uranium deposits the world over. The opportunity to identify and develop new Uranium deposits is certain to be an exciting challenge and one that the team at Uranium City Resources has already embraced and taken action on.

Saskatchewan Uranium Exploration

Uranium City Resources has established a key presence in the past producing Beaverlodge / Uranium City Mining District in north-west Saskatchewan. Between 1950 and 1982, sixteen mines within the Uranium City District produced more than 65 million pounds of uranium from moderate grade deposits. Several of these past producing mines are located immediately adjacent to property now held by Uranium City Resources.

"...it's a lesser known fact that more accessible ores are found outside of the Athabasca Basin proper. In these outlying areas, the sandstone that once covered the basement rocks has been eroded making deposits easier to get at. But while basement deposits are extremely prospective, they have been largely ignored by investors who focus more on those companies working in the middle of the Basin....But with prices rising, the industry is now realizing that lower grade deposits may be important sources of yellowcake....Therein lies the opportunity. Many companies with prospective basement deposits have none of this factored into their share price, meaning we can take a low cost ride on the potential of such plays..."
Doug Casey - Casey Research
Bull & Bear Report April/May 2007

Newfoundland Uranium Exploration

Uranium City Resources has also established a presence in the Province of Newfoundland with its 50/50 Sops Arm-Sheffield joint venture with Metals Creek Resources (TSXv:MEK). The Sops Arm-Sheffield property is located in the White Bay area of north-central Newfoundland. The Trans Canada Highway is some 20 miles south and there are numerous towns and infrastructure in the area. The 394 sq. kms that comprise this project

area are underlain by what is thought to be the remnants of a Silurian caldera complex. This type of geological setting is analogous to large volcanic hosted uranium systems associated with the Streltsovka caldera complex in Russia and the McDermitt caldera complex in Nevada. Other exploration companies currently working in this area of Newfoundland have noted uranium mineralization values of up to 0.89%.

Future Growth Opportunities

In addition to projects in Canada, the UCR team is currently evaluating opportunities in other jurisdictions that would be accretive to shareholder value. These opportunities are not all necessarily Uranium related and span the wide range of commodity resources being sought after by the global economy.