Uracan Resources Ltd.

Published : May 30th, 2007

Drilling Restarts at North Shore Property, Quebec

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DRILLING RESTARTS AT NORTH SHORE PROPERTY, QUEBEC



May 30, 2007

Trading Symbol: (TSX-V) URC


VANCOUVER, May 30, 2007- Uracan Resources Ltd. (the Company) is pleased to announce that diamond drilling on the North Shore Property in Quebec has restarted after spring breakup. The continuing drill program will focus on following up drill results from the Double S area of the property, where two drill holes (SS-07-22 and SS-07-23) encountered significant near surface uranium mineralization. These results include 29 meters of 0.04% U3O8 within a 124 meter zone grading 0.025% U3O8 in SS-07-23 along with 13.5 meters of 0.024% U3O8 within a 96.7 meter zone grading 0.013% U3O8 in SS-07-22. Please refer to the May 17th 2007 news release for more details on the drill results from the North Shore Property.

Drilling will initially focus on deepening drill holes SS-07-22 and SS-07-23, both of which finished in strong uranium mineralization. This will be followed by step out drill holes to determine the strike and depth potential of the Double S mineralized zone. An additional 8,500 meters of drilling is planned during the summer portion of the drilling program. In addition a geological mapping program has begun concurrently with the drilling to further refine the Double S zone.

The company is also pleased to announce the appointment of John Sutherland as interim Chief Financial Officer. Mr. Sutherland is a Vancouver-based specialist in corporate finance, resource and growth companies. He was CFO of Arequipa Resources leading up to its acquisition by Barrick Gold for $1.1 billion. He was also a partner in a venture capital company specializing in worldwide marketing ventures and previous to that, Site Manager in building a $110 million gold mine in California. Most recently, Mr. Sutherland was co-founder, Vice-President and CFO of Tekion, Inc., a micro fuel cell developer, and was a key partner in its growth from 4 to 75 employees in less than three years and raising US$18 million for this private company.

Prior to Tekion, Mr. Sutherland was President and CEO of ASC AVCAN Systems Inc., built it into an international operation and was nominated for the Entrepreneur of the Year award. He currently is a Corporate Director of three public companies, one of which is listed on AMEX. Mr. Sutherland is a Certified General Accountant and has a diploma in Operations Management from the B.C. Institute of Technology.

The information in this news release has been prepared and revised by Marc Simpson, P. Geo., the Company�s Exploration Manager, and Qualified Person under National Instrument 43-101.

Uracan Resources Ltd. is a publicly-listed uranium exploration company, exploring for shallow, bulk tonnage style of uranium mineralization in Canada. Uracan is led by a team of proven exploration and mine entrepreneurs and mine-builders. For further information please go to
www.uracan.ca


For further information please contact:

Investor Relations,Vanguard Shareholder Solutions
Tel:(604) 608-0824 or 1 866-898-0824
Email:
ir@vanguardsolutions.ca


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking statements relating to the future performance of Uracan Resources Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company�s filings with the appropriate securities commissions.


Uracan Resources
Vanguard Shareholder Solutions
Vanguard Shareholder Solutions (Vanguard) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your decisions. By responding to your inquiry neither Vanguard nor the above mentioned client(s) is offering securities or advising or soliciting the purchase or sale of securities.


Uracan Resources Ltd.

EXPLORATION STAGE
CODE : URC.V
ISIN : CA91688U2002
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Uracan Res. is a gold and uranium exploration company based in Canada.

Uracan Res. holds various exploration projects in Canada.

Its main exploration properties are PIPEWRENCH, NORTH SHORE, PONTBRIAND and COSTEBELLE in Canada.

Uracan Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 308.3 millions as of today (US$ 246.5 millions, € 223.9 millions).

Its stock quote reached its lowest recent point on December 18, 2015 at CA$ 0.01, and its highest recent level on October 28, 2021 at CA$ 7.31.

Uracan Res. has 105 940 000 shares outstanding.

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In the News and Medias of Uracan Resources Ltd.
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Project news of Uracan Resources Ltd.
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11/29/2008(North Shore)MAKES NEW URANIUM DISCOVERY 65 KM FROM DOUBLE S RESOURCE WIT...
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7/10/2008discovers up to 2.83 pounds per ton U3O8 over 41.7 feet in s...
7/7/200819.96 million pounds U3O8 NI 43-101 compliant inferred resou...
2/26/2008(Pipewrench) TRENCH RESULTS UP TO 9.7 METERS OF 0.027% U3O8 FROM PIPEW
2/19/2008(North Shore)RESOURCE CALCULATION TO SOON BEGIN ON DOUBLE S ZONE
1/29/2008(North Shore) Increases Strike Strength to 1500 Meters at Double S Zone, ...
1/22/2008(Pipewrench)Significant Trench Results up to 0.122% from Pipewr
8/2/2007(North Shore)drills 24.3 m of 0.036% U3O8 at North Shore
5/30/2007(North Shore)Drilling Restarts at North Shore Property, Quebec
5/17/2007(North Shore)Reinhard comments on Uracan discovery
Corporate news of Uracan Resources Ltd.
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9/22/2015Uracan Updates Status of Quebec Mineral Resource Estimates
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11/26/2014Uracan Announces Closing of Private Placement in the Total A...
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8/27/2008Lundin Updates Uracan Resources
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4/28/2008Discovers New Uranium Mineralization at Double S and Johan B...
4/8/2008Winston Updates Uracan Resources (URC, TSX)
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5/17/2007Significant near surface uranium mineralization intersected ...
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