VMS Vortex Metals Inc

UC Resources (TSX VENTURE:UC) would like to announce drill results from its
three hole drill (623 metre) program completed in August 2009, that was
conducted on the option venture property where UC has the right to earn up to
55% interest in the McFaulds East and West properties currently held by Spider
Resources Inc. (TSX VENTURE:SPQ) and KWG Resources Inc. (TSX VENTURE:KWG)
encompassing some 31,000 hectares. As previously announced on August 27, 2007,
UC advised Spider and KWG that it had completed the third year spending
commitment on the McFaulds Lake option agreement and delivered unaudited proof
thereof to them. Spider and KWG are currently in the review period to confirm
UC's earn in level to 40%.


DRILL PROGRAM

Hole UC-09-01 in the August program was designed to test a geophysical anomaly
on the west block that is interpreted to have a strike length of approximately
four kilometres (VTEM / ZTEM airborne surveys previously completed). The anomaly
was not explained by this drill hole, however gold values were detected at a
shallow depth. This hole tested a coincident positive magnetic anomaly and a
strong EM conductor. The hole intersected a gradational lapilli tuff to feldspar
porphyry contact, cutting very weakly disseminated pyrite mineralization
(between 55.9m - 62.5m). It is not felt that this intersection adequately
explains the strong conductance. The hole also intersected anomalous gold
mineralization of 2,620 ppb Au (2.62 g/t Au) between 31.35 to 31.85 metres
downhole, followed by 1,470 ppb Au (1.47 g/t Au) between 31.85 and 32.9 metres
downhole. This intersection contained quartz injection and weak fine grained
pyrite mineralization in a felsic tuff. Further geophysical assessment,
including Induced Polarization surveying is warranted in an attempt to find the
source of this intriguing gold mineralization.


Hole UC-09-02 tested a positive, "U" shaped, magnetic anomaly and coincident EM
conductor located on claim 1192082, in the vicinity of McFaulds #6 Volcanogenic
Massive Sulphide ("VMS") occurrence. The hole cut 0.8 metres (148.3 to 149.1 m)
of mainly massive magnetite, sandwiched amongst 20 cm. wide massive pyrrhotite
with chalcopyrite and minor pyrite intervals. The 0.8 metre interval graded 2.4%
copper, 0.13% Zn and 3.4g/t Ag. The sulphide mineralization was found to be at
the contact between a volcanic lapilli tuff and the volcanoclatic sediments
(chert and cherty sediments). Due to the size and strength of the EM anomaly in
this area, a larger sulphide section was anticipated. The area warrants another
drill hole if a strong EM anomaly can be located along the contact between the
volcanic and volcanoclastic sediments.


No significant assay values were reported for hole UC-09-03, this hole remained
in felsic tuff for its entire length. There was no mineralization encountered
that would explain the geophysical conductors, very little disseminated pyrite
was observed. It is also believed that the hole went through the volcanic
rock-volcanoclastic sediment (chert and cherty sediments) contact where the
massive magnetite and sulphides occur but never reached this distinct geological
unit. It may be that the hole did not go deep enough or there is no obvious
contact zone in this area. The strong EM anomaly remains unexplained.


Hole UC-09-03, as well as hole UC-09-02, were drilled in an attempt to test a
series of geophysical anomaly situated in the East Property in the vicinity of
McFaulds #5 and #6 VMS occurrences, which had been previously drill tested and
confirmed to contain copper and zinc mineralization, reported in a VMS setting.
Hole UC-09-02 encountered both copper and zinc mineralization, over a narrow
zone as did the previous holes drilled by Spider and KWG in 2004, namely holes
McF-04-39 and McF-04-50. It is felt that the #6 VMS occurrence was partially
encountered by UC's hole UC-09-2. Further ground geophysical surveying is
planned for this area after freeze-up to better define the target for future
drill testing.




TABLE OF RESULTS

--------------------------------------------------------------------------
                       len-
          Azim-        gth   from     to   int                   Ag     Au
Hole ID    uth   Dip    (m)    (m)    (m)   (m)   Cu%    Zn%   (g/t)  (g/t)
--------------------------------------------------------------------------

--------------------------------------------------------------------------
UC-09-01   180   -45   191  31.35   32.9  1.55  0.005  0.018  0.001   1.84
--------------------------------------------------------------------------

--------------------------------------------------------------------------
UC-09-02   130   -45   232  147.2    152   4.8  0.689  0.191  0.001  0.009
--------------------------------------------------------------------------
including                   147.2  149.1   1.9   1.68  0.096  0.002   0.06
--------------------------------------------------------------------------

--------------------------------------------------------------------------
UC-09-03   130   -60   200  no significant mineralization
--------------------------------------------------------------------------



The qualified person responsible for the technical information contained in this
press release is Dr. Howard Lahti, PGeo, of Billiken Management Services Ltd.


JVX Geophysics Ltd. of Richmond Hill, Ontario, has recently completed Max-Min
and HLEM ground geophysical surveys on the western claim block, focused on an
area located 400 metres north of the hole UC-09-01 that was drilled earlier this
year in August 2009, results of which are reported above. The geophysical survey
interpretation suggests three near surface conductive anomalies as well as a
deeper conductive anomaly, interpreted to be situated directly below the
shallower anomalies. These anomalies have now been prioritized as drill targets.
The deeper conductive anomaly is interpreted to be approximately two kilometers
in width and to be in excess of ten kilometers in length (ZTEM airborne survey
as conducted by Geotech Ltd. of Aurora, Ontario). These drill targets are all
situated proximal to or within a highly magnetic responsive "Bull's-Eye"
feature, situated along an east-west trending linear magnetic feature that was
outlined by previous Aerotem and VTEM (Geotech) airborne surveys, as well as our
recent ZTEM (Geotech) survey.


Billiken Management Services Ltd. of Toronto, Ontario, reports that they are
mobilizing a drill from Les Forage Orbit of Val D'Or Quebec, to commence
drilling of the first shallow anomaly over the weekend of October 17th. The
intent of this drill program is to drill test the three near surface anomalies
and then, based on the results, consider the merits of following the near
surface conductor(s) down dip, or commence drilling the deeper anomaly by a
vertical hole.


UC Resources continues to evaluate solutions and options for the
re-commissioning process of the La Yesca mill located west of Guadalajara,
Mexico. The company is committed to this project and considers it a key
strategic growth opportunity in what it believes is a long term secular bull
market for precious metals.


UC Resources is an active explorer of base metals and chromite in the McFaulds
Lake area ("Ring of Fire") of the James Bay Lowlands, Ontario, as well as an
explorer and a near term producer of precious metals in Mexico.


On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

We seek safe harbour.

Investors are invited to visit the UC Resources IR Hub at
http://www.agoracom.com/ir/UCResources where they can post questions and receive
answers or review questions and answers already posted by other investors.
Alternatively, investors are able to e-mail all questions and correspondence to
UC@agoracom.com where they can also request to be added to the investor e-mail
list to receive all future press releases and updates in real time.

Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jul 2023 to Jul 2024