VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 2, 2007) - Western Uranium Corporation ("WUC") (TSX VENTURE:WUC) would like to issue a correction to the Press Release of July 30, 2007. In that Press Release the intervals and grades of %U3O8 for hole KV-22 were incorrect due to both mathematical and transcription errors. The corrected intervals and grades of %U3O8 for drill hole KV-22 are shown below.
| Corrected Drill Hole Data for KV-22 | ||||
|
------------------------------------------------------------------------ | ||||
| Drill Hole |
From (meters) |
To (meters) |
Apparent Thickness |
Grade |
| ------------------------------------------------------------------------ | ||||
| ------------------------------------------------------------------------ | ||||
| KV-22 |
39.6 |
106.7 |
67.1 meters |
0.073% U3O8 |
|
86.9 |
102.1 |
15.2 meters |
0.253% U3O8 | |
| ------------------------------------------------------------------------ | ||||
About the Company
Western Uranium Corporation is a mineral exploration company with a focus on uranium. The Company has exploration properties in Kings Valley, Nevada, Treeline, New Mexico and in the Thelon Basin, Nunavut and the Northwest Territories. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada.
The contents of this press release were reviewed by Victor Calloway, Chief Geologist who has sufficient experience to review this release and is a Qualified Person as defined by NI 43-101.
On behalf of the Board of Western Uranium Corporation
Pamela J. Klessig, President & CEO
Forward-looking statements: This document may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Company's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release.
