2 DisclaimerThe information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation of analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.The presentation contains forward-looking statements which address future events and conditions which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: the availability of funds, the timing and content of work programs, results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles, project cost overruns or unanticipated costs and expenses, fluctuations in metal prices, currency fluctuations, and general market and industry conditions.Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and as such, undue reliance should not be placed on forward-looking statements.
3 Management Richard J. Hamelin – President CEO, Director Eugene N. Larabie P.Eng. – DirectorMichael Cartmel - DirectorDavid Boyd - DirectorCarl von Einsiedel P.Geo. – VP ExplorationWilliam Elston – VP Corporate Development
4 World Class CEO Richard J. Hamelin Appointed President/CEO/Director on June 15, 2005Resides in Mexico: Regional and Global perspectiveExtensive and successful experience in international mining development and capital marketsHighly regarded in the mining and financial community industry
5 Share Information (As of Oct.13-2005) Shares issued: 37,782,029 18,095,000 of issued are restricted until Dec.23, 2005Options outstanding: 2,594,000Warrants outstanding: 18,095,000Restricted until Dec. 23, 2005Shares Issued on a fully diluted basis: 58,471,029Additional cash raised on fully dilution: $2.59 Million CDNAverage daily volume: 70,000
6 TSX-V: UC Trading on the Canadian Venture Exchange as of Oct 13, 050.2000.1800.160Canadian Dollars0.1400.1200.100Volume (000)500May 05JunJulAugSepOctTrading on the Canadian Venture ExchangeMarket capitalization: $10 Million Cdn. approx. (As of October 13th, 2005)
8 Why Mexico?Mexico is the world largest Silver producer and industry experts continue to bring to focus the bullish supply demand curves for both gold and silverExtraordinary market capitalization appreciation being realized by Canadian explorers/producers currently active in MexicoUC is located in the heart of the Sierra Madres alongside Gammon Lake, Kimber, First Majestic, Western Silver, Alamos, Endeavor Silver and numerous others
10 3D View – Looking EastUC ResourcesApproximately 27 Square Kilometers
11 Historical Deals and Dates March 2004UC enters into a 50/50 JV with Planet Exploration Inc. on the Copalquin Project.Historic production from the Copalquin area is estimated at over 250,000 ounces of gold and 11 million ounces of silver.June 2005UC has negotiated an option to buy Planet Exploration’s interest in the Copalquin project for cash of USD$550,000 scheduled to close on or before October 8, 2005August 2005$1.8 Million unit financing completed for Phase 2 exploration for Copalquin project, working capital and other acquisition opportunities.
17 Study of Exploration Results and Comparables Results and Geology of Copalquin are very comparable to Epithermal Systems by:Gammon Lake (Ocampo Project)Kimber Resources (Monterde Project)Alamos Gold Inc.Minefinders Corp. Ltd.Silver Wheaton – Gold Corp.Gammon Lake has reported a deposit containing an estimated 7.5 million ounces of gold equivalent
18 Comparison of UC Resources and Gammon Lake Resources Drill Results Excerpts from Table 4, Gammon Lake Resources News Release dated April 19th, 2005DDH No:OG-164OG-210OG-212OG-223OG-231OG-258OG-263OG-266OG-270OG-276OG-277Interval Width (m)22.99.023.037.512.321.013.571.010.588.014.015.020.0Au (g/t)0.120.341.145.260.330.480.200.890.280.520.47Ag (g/t)11.056.0293.022.058.075.06.029.010.0Au eg. (1:65)0.300.501.909.300.701.102.000.401.000.60UC Resources 2004/2005 Drill Program Results from EI Cometa and EI Refugio ProspectsDDH No:UC-01UC-02UC-03UC-05UC-10UC-14UC-15UC-21UC-22UC-23UC-24Interval Width (m)31.418.234.411.934.051.213.519.422.912.217.9Au (g/t)0.410.2723.411.790.760.811.20.330.972.94Ag (g/t)40.815.266.619.017.173.152.4107.33.561.764.7Au eg. (1:65)1.030.5124.432.080.541.891.622.850.391.993.94UC Resources Ltd.
19 Gammon Lake Resources Inc. Cdn:GAM11.4010.8010.209.609.008.407.807.206.606.005.404.804.203.603.002.401.801.200.60Initial Discovery of major epithermal gold - silver deposit, Sierra Madre2002200320042005
20 Kimber Resources Inc. Cdn:KBR 3.002.852.702.552.402.252.101.951.801.651.501.351.201.050.900.750.600.450.30Initial Discovery of major epithermal gold - silver deposit, Sierra Madre2002200320042005
21 Short-Term Goals WHY? While Copalquin remains our flagship property, management intends to acquire producingopportunities in Mexico. Negotiations arecurrently underway on several fronts toachieve this goal.WHY?Benefits of being a producer opposed to exploration only:Cash flow, Cash flow, Cash flowHigher Resources ValuationsValuations based on EBITDAMore participation from institutionsResearch coverage recognition
22 Future Financing Initiatives Negotiations are currently being discussedwith those active in this region and UC’sfocus will be to finance through moretraditional methods with Capital Partners.* Equity* Debt* Convertible Debentures* Acquisition Financing
23 Long Term Objectives Build a small to mid-tier producing company over the next 3-5 years, with the objective ofattaining a market cap of $300mm-$500mm andwith the objective of attracting a major producerfor a take-over.Future funding requirements would be in the$25mm-$125mm range.
24 Summary Winning Management track record UC is currently trading at lower market capitalization comparables to other Canadian exploration companiesProject location: Heart of the prolific Sierra Madre mining beltPhase 1 returned bonanza grade gold and silver results and are to be followed up in Phase 2
25 Vancouver Corporate Headquarters: Suite #507, 595 Howe Street Vancouver, B.C. V6C2T5 CanadaContact: William S. Elston,VP Corp. DevelopmentTel:website:Mexico Office:Torreon Coahuila, MexicoRichard J. Hamelin, Pres./CEOVOIP: