Uracan's Grandroy yields intercepts of up to 0.213% (4.26 lbs/t) U3O8 over 5.4 meters

Highlights:

- 0.213% (2,130ppm or 4.26 lbs/t) U3O8 over 5.4 meters and 0.089% (886 ppm or 1.77 lbs/t) U3O8 over 10.5 meters at Grandroy Zone

- Highest grade intervals encountered in drilling to date on Uracan's North Shore Property

Uracan Resources Ltd. (the "Company") is pleased to report assay results from 3 of the 9 drill holes completed at the Grandroy zone at Uracan's 100% owned North Shore Project in Quebec.

Two of the nine drill holes completed at Grandroy encountered significant uranium mineralization. Drill hole GR-09-07 intersected 0.213% (2,130ppm or 4.26 lbs/t) U3O8 over a core length of 5.4 meters, starting at 5.8 meters down hole.

Read more: Uracan Resources Ltd ( URC )

Significant Increase in Indicated Resources and Grade at Matoush

Strateco Resources Inc. ("Strateco")(TSX: RSC.TO)(OTCBB: SRSIF.OB)(FRANKFURT:RF9) is pleased to announce that the indicated mineral resources at its Matoush property has doubled in the past 12 months to reach 436,000 tonnes grading 0.78% U3O8 containing 7.46 million pounds U3O8.

Wholly-owned by Strateco, the Matoush property lies 300 km north of Chibougamau in Quebec's Otish Mountains.

Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) has updated the NI 43-101-compliant resource estimate for the Matoush project based on drill results available as of September 1st, 2009 and using similar methods as applied in the previous estimate (Scott Wilson RPA, Sept. 2008).

Read more: Strateco Resources Inc ( RSC )

Denison Mines Corp.: Drilling at Wheeler River Intersects 55% eU3O8 Over 6.0 Metres and Extends High Grade Uranium Mineralization

Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) ("Denison" or the "Company") is pleased to report that the ongoing summer drill program at the Wheeler River property in the Athabasca Basin of northern Saskatchewan has significantly extended the previously known uranium mineralization on the eastern portion of the Phoenix discovery (previously called the R Zone) (see attached Map).

Phoenix East
Drill holes WR-272, 273 and 274 have intersected high-grade uranium mineralization, at a depth of approximately 400 metres ("m"), which has extended this zone a further 150 m to the northeast to a strike length of over 250 m (Table 1). The eastern portion of the Phoenix discovery remains undrilled along strike to the northeast and for at least 150 m to the southwest where it may continue as part of the western zone.

Read more: Denison Mines Corp ( DML / DNN )

Paladin Energy Ltd: Langer Heinrich Uranium Project, Namibia - Stage III Expansion to 5.2Mlb pa U3O8 Approved

Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) is pleased to announce that it has concluded a Feasibility Study on expansion options for its 100% owned Langer Heinrich Uranium Mine in Namibia. After investigating a number of production and technical scenarios the Board has given its approval to proceed with the Stage III expansion on this flagship project on the following basis:

- Nominal production to increase to 5.2Mlb pa U3O8 with a target completion date of September 2010.
- Minimised capital cost now estimated at US$71M with no significant additional infrastructure required.
- Adoption of new expansion concept has achieved 87% of the originally stated production utilising only 41% of the original CAPEX that was planned.

Read more: Paladin Energy Ltd ( PDN )

Mega Uranium, Japan Australia Uranium Resources Development Co. Ltd. and ITOCHU Corporation Formalize Agreements for the Sale of 35% of the Lake Maitland Resource for US$49 Million

Mega Uranium Ltd. (TSX: MGA) ("Mega Uranium") is pleased to announce the completion of final documentation relating to the sale by Mega Uranium to JAURD (the Japan Australia Uranium Resources Development Co. Ltd.) and ITOCHU Corporation (ITOCHU) of 35% of the Lake Maitland Project and announces joint venture to advance the development of the Lake Maitland national instrument 43-101 compliant Inferred Resource of 23.7 million pounds U3O8.

Read more: Mega Uranium Ltd ( MGA )