Pancontinental Uranium Corporation ("Pancon" or the "Company") (TSX VENTURE:PUC)
is pleased to announce that its Joint Venture partner, Crossland Uranium Mines
Limited, issued the following press release today in Australia, regarding the
Charley Creek REE project in NT, Australia:


An initial wet plant gravity flowsheet program has been completed on a bulk
composite sample of alluvium from Cockroach Dam prospect at Charley Creek.
Results confirm the Charley Creek rare earth project is amenable to
beneficiation via wet gravity spiral plant. Grade and recoveries from the wet
gravity spiral pilot plant were excellent. 


The pilot program was conducted at Allied Mineral Laboratories Pty Ltd (AML) in
Perth WA under the supervision of Crossland's metallurgical consultant.


A recovery of 76% TREO (Total Rare Earth Oxide) at a grade of 6.24% TREO
contained within 1.37wt % of the initial feed was achieved. A number of
opportunities have been identified to improve both grade and recovery,
particularly of Heavy REO and zircon. This wet plant concentrate is now
undergoing conventional electrostatic and magnetic separation (Dry Plant) to
produce a final concentrate product expected to contain approximately 50% TREO. 




---------------------------------------------------------------------------
                                              Grade (wt. %)                
                               --------------------------------------------
Product                  Mass      LREO     MREO     HREO     TREO     ZrO2
---------------------------------------------------------------------------
Final Wet Plant          1.37      5.31     0.31     0.63     6.24     1.17
 Concentrate        -------------------------------------------------------
                                               Recovery (%)                
                    -------------------------------------------------------
                                     78       76       65       76       36
---------------------------------------------------------------------------
Note: MREO consists of Sm, Eu and Gd, while HREO consists of Tb through to  
Lu including Y from the Lanthanide series.                                  



The proposed Wet and Dry plants for the Charley Creek project would utilise
identical technology used by the mineral sand industry for recovery of titanium
minerals and zirconia. The Charley Creek process flowsheet represents a low risk
and low capital option to enter early production. The Wet Plant concentrate can
be readily transported to a Dry Plant, where the final concentrate containing
approximately 50% TREO can then be produced for sale or refining to value added
products.


Dry Plant test work will be completed by end of July and an update will be
provided once results are received.


To view Figures 1 and 2 please click on the following link:
http://media3.marketwire.com/docs/PUC0725.pdf


The information in this report that relates to Exploration Results, Mineral
Resources or Ore Reserves is based on information compiled by Geoffrey S Eupene
CP, a Fellow of the Australasian Institute of Mining and Metallurgy. He is a
director of the Company and a full time employee of Eupene Exploration
Enterprises Pty Ltd. He has sufficient experience which is relevant to the
styles of mineralisation and types of deposits under consideration, and to the
activity which he is undertaking to qualify as a Competent Person as defined in
the December 2004 edition of the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves (the JORC Code). Geoffrey S Eupene
has consented to the inclusion in this report of the matters based on this
information in the form and context in which it appears. 


About Pancontinental Uranium Corporation

Pancontinental Uranium Corporation ("Pancon") is a Canadian-based company
focused on uranium and REE discovery and development. Through a joint venture
with Crossland Uranium Mines Limited ("Crossland") of Australia, Pancon has
established one of the strongest management teams in the uranium industry. This
management and operating team has unparalleled experience from exploration,
through development to operations, and includes people who were instrumental in
the discovery of two of the largest uranium deposits in the world. Pancon and
Crossland hold an impressive uranium and REE exploration portfolio with projects
in prolific, mining friendly districts. 


Active exploration is ongoing at three Australian projects which include
Chilling, Charley Creek, and Kalabity. The Chilling project has the potential to
host a mirror image of a portion of the renowned Alligator Rivers Uranium Field
containing the large Jabiluka, Ranger and Koongarra deposits. Charley Creek has
the potential for large alluvial REE deposits, and large, lower-grade,
Rossing-type, granite-hosted uranium deposits. The Kalabity project lies in a
district of historic uranium/radium mining that contains a variety of known
uranium deposit styles.


Pancon earned an initial 50% interest in this significant uranium and REE
project portfolio with Crossland through the expenditure of AUD$8 million. In
September 2011, due to prevailing poor financial market conditions, Pancon
elected to conserve its cash and avoid having to raise additional funds at
depressed share prices. As a result, Pancon ceased funding its 50% share of the
Joint Venture expenditures until the end of 2011. Pancon's interest was reduced
by 5%. According to the Joint Venture agreement, Pancon has the right to resume
funding at any time to maintain its interest and chose to do so effective Jan 1,
2012. Pancon and Crossland are also pursuing exploration beyond Australia
through an international subsidiary company, Crosscontinental Uranium Limited,
and plans include formulating an exploration program in Burkina Faso. 


ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark, President & CEO

Cautionary Language and Forward Looking Statements

This press release may contain "forward-looking statements", which are subject
to various risks and uncertainties that could cause actual results and future
events to differ materially from those expressed or implied by such statements.
Investors are cautioned that such statements are not guarantees of future
performance and results. Risks and uncertainties about the Company's business
are more fully discussed in the Company's disclosure documents filed from time
to time with the Canadian securities authorities.
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