In the news                                         0.040

    Press Release Source: U Mining Resources Inc.   

U Mining Resources Inc. Provides Supplementary Information on Laurentide 1 and 2 NI-43-101 Report re: Presence of Uranium and Details Corporate Directional Plan

Monday September 24, 9:39 am ET

NI 43-101 Report: "Strong Uranium Stream Sediment Anomalies Have Been Detected in the Vicinity of the Laurentide Property"

NEW YORK, NY--(MARKET WIRE)--Sep 24, 2007 -- U Mining Resources Inc. (Other OTC: UMNG.PK - News) today provided supplementary information on the NI-43-101 report for its Laurentide 1 and 2 Property ("Property") and detailed its corporate directional plan.

Following the Geologist's conclusions, management will either go to tender or enter into a joint venture agreement with a uranium field operator in order to execute the second phase of the exploration program. The primary goal of this phase is to validate the presence and size of Uranium reserves on the Property. All involved parties firmly believe that there are definitely strong Uranium stream sediments on the Property, which is supported by the following Geologist statement from the NI 43-101 report:

"Strong uranium stream sediment anomalies have been detected in the vicinity of the Laurentide property. The best results included a sample near the edge of the Laurentide no.1 Block that ran 95 ppm U." Furthermore, "The Laurentides property is located in the Baker domain, which is known to contain Uranium occurrences in the Mont-Laurier area."

The rules regulating Geologists are strict and precise and they cannot express an opinion without the support of specific field surveys, which U Mining management intends to conduct shortly in the second phase of the exploration program.

Chief Executive Officer Jean Michel de Montigny issued the following statement to U Mining shareholders:

"I have been speaking with many shareholders during the past week who have expressed their dissatisfaction in regards to the conclusions of the NI 43-101 report. First of all, I would like to reaffirm to them that we are very dedicated to building a large, valuable asset base and we will take all possible measures to increase shareholder value in conformance with relevant rules and regulations. Our expert's interpretation of the report is very positive since it recommends a second phase of exploration based on the presence of Uranium in the Property's vicinity. Secondly, all of our properties have been selected by experienced specialists who performed extensive research and made several inquiries prior to selecting them. All of the properties have a high potential for Uranium deposits.

 





"During the past year, we have acquired promising properties, conducted surveys and restructured the Company's operations in order to support the expansion and development of our corporation. We have been able to finance virtually all of our business operations via the sale of equity, thus maintaining U Mining's status as a debt-free Corporation. The acquisition of a TSX Venture company has been completed to provide U Mining with an exploration financing tool to conduct the second phase of the mining surveys in order to validate and measure the potential value of the company's assets and proven reserves.

"Now in regards to the Company's management, I would like to personally thank all of my colleagues who have been continuing to support our Company although they have been individually attacked by hostile external bashers for integrity issues in their respective jobs or communities. I respect their pragmatism and commitment to maintaining their focus in these crucial stages of development. We are just about to file our voluntary disclosure statements and financial statements with Pink Sheets, which reflects our dedication in building the company's value for the benefit of all our shareholders and in respecting the corporate governance standards. Upon the completion of our fiscal year ending on October 31st, 2007, management will produce FY 2006 and FY 2007 audited financials to satisfy the binding requirements for uplisting via the filing of a Form 10.

"I would like to assure all of our shareholders that they will be rewarded for their patience in the near future, and that the U Mining team will continue to strive for our success."

For more information on U Mining Resources Inc., please visit the Company's corporate website at www.umining.com,
and/or speak with one of the Investor Communications Representatives at U Mining's Investor Relations firm Equiti-trend Advisors. Reps are available on market days from 9:30 a.m. to 5:30 p.m. EDT by calling (800) 953-3350.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact:
Equiti-trend Advisors
(800) 953-3350

Source: U Mining Resources Inc.