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Re: News Release - Tuesday, February 27, 2007
Uranium North Resources Acquires Two Properties with Widespread
Uranium Minerlization
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VANCOUVER, February 27, 2007-Uranium North Resources (TSX-V: UNR) has
been awarded three exploration permits covering two separate properties
with previously identified widespread uranium mineralization in the
Thelon Region of Nunavut. These highly desirable properties are 100%
Uranium North-owned and cover 132,000 acres.

The Hawk and Yathkyed Lake properties are located approximately 300
kilometres south of Areva Resources Canada Inc's 147-million-tonne
Kiggavik uranium deposit, which highlights the uranium potential of
this largely unexplored region. Hawk Lake is east of and contiguous to
Uranium North's Baker Lake property, while Yathkyed Lake is located 120
kilometres east of South Baker.

"This is one of the last remaining areas in Canada where a company can
still be the first to acquire such large tracts of land in an emerging
uranium district," says Mark Kolebaba, President and CEO of Uranium
North Resources. "Strategic uranium land acquisition forms a pillar of
our business strategy and is an important value driver for the
Company."

Mineralization on the Hawk and Yathkyed Lake properties was identified
in the late 1970s prior to the worldwide collapse in uranium price in
the early 1980's. The Company believes development of the property was
discontinued in conjunction with this collapse leaving the properties
under explored.

Hawk Lake Property

The Hawk Lake property was discovered in 1978 and explored by Noranda
and a Noranda-Agip Canada joint venture until 1982. This property
covers approximately 88,715-acres and consists of two permits
contiguous with the east margin of Uranium North's South Baker
property. Property highlights include two known mineralized zones which
are likely structurally controlled, the Northwest zone and the East
Zone.

Numerous drill holes are reported for the Northwest Hawk Zone and
available data is shown in the table below. The best results include
0.21% U3O8 over a 23-metre drill intercept. The area drilled coincides
with more than 120 radioactive boulders with assays of 4.10% to 0.05%
on surface over a 40 by 220-metre area.

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Sample Sample
Zone U3O8 Length Zone U3O8 Length
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NW Hawk 0.21% 23.0 m NW Hawk 0.06% 8.0 m
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NW Hawk 0.26% 5.0 m NW Hawk 0.11% 17.0 m
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NW Hawk 0.26% 2.2 m NW Hawk 0.15% 5.0 m
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NW Hawk 0.19% 15.0 m NW Hawk 0.06% 0.6 m
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E Hawk 0.06% 1.4 m E Hawk 0.25% 1.0 m
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At the East Hawk Zone nine holes were drilled and uranium
mineralization was encountered in four holes suggesting a minimum 40 by
100-metre mineralized zone. Drill intercepts have yielded 0.25% and
0.06% over 1.0 and 1.4 metres respectively. Mineralization over
significant drill intersections and substantial concentrations of
uranium in two nearby locations on the property warrants further
exploration by the Company.

Yathkyed Lake Property

The Yathkyed Lake property comprises one 44,543-acre permit over three
known uranium showings originally discovered by Shell Canada in 1978.
The showings occur relatively close to each other and uranium
mineralization appears structurally controlled.

Some of the highlights in the table below:

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U3O8 Sample Material
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4.22% Intensely sheared basalt in outcrop
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17.03% Undefined rock sample
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3.75% Weathered gneiss boulder
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Uranium North Resources is planning a comprehensive exploration program
on both properties including structural interpretations, airborne
geophysics and prospecting to identify high priority drill targets.

These properties were acquired under highly competitive circumstances
by Uranium North pursuant to an agreement with MPH Consulting Limited
whereby Uranium North has the sole and exclusive right to acquire
uranium properties in Nunavut and the Northwest Territories identified
by MPH based on their ongoing review and evaluation of an extensive
proprietary uranium database for this region. It is anticipated that
this relationship with MPH will ensure ongoing opportunities to acquire
high quality uranium projects for the Company. Uranium North will be
making a one-time cash payment to MPH of $25,000 in respect of their
compilation efforts to date and will be issuing a total of $50,000 in
Uranium North shares to MPH in respect of these initial property
acquisitions as well as funding, at Uranium North's election, ongoing
review of the MPH database.

Uranium North Resources is a rapidly evolving company committed to
building long-term value through ongoing uranium discoveries and
strategic acquisitions.

The data reported for the two properties is from assessment files and
other third party reporting. The accuracy and validity of this historic
data has not been verified by Uranium North or its consultants. B.
Brereton (P. Eng.) will be Uranium North's qualified person reviewing
the data for this project.

ON BEHALF OF THE BOARD OF DIRECTORS

Mark Kolebaba
President & CEO, Uranium North Resources Corp.


Corporate Communications: Troy Shultz
Uranium North Resources Corp.
Telephone: (604) 484-2212
Facsimile: (604) 484-7143
Website: www.uraniumnorthresources.com
Email: info@uraniumnorthresources.com


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Statements
in this press release, other than purely historical information,
including statements relating to the Company's future plans and
objectives or expected results, may include forward-looking statements.
Forward-looking statements are based on numerous assumptions and are
subject to all of the risks and uncertainties inherent in resource
exploration and development. As a result, actual results may vary
materially from those described in the forward-looking statements.

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Copyright (c) 2007 URANIUM NORTH RESOURCES CORP,. (UNR) All rights
reserved. For more information visit our website at
http://www.uraniumnorthresources.com/ or send
mailto:info@uraniumnorthresources.com
Message sent on Tue Feb 27, 2007 at 7:03:54 AM Pacific Time
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