working capital independent corporation equity research 2806 505 6 th street sw calgary alberta t2p 1x5 christopher gulka ca cfa tel 403 262 2803 fax 1 866 256 9719 chrisgulka workingcapitalcorp com www august 25 2006 page mineral exploration uc resources ltd tsx venture exchange 0 65 valuation company statistics current price 52 week range shares outstanding 67 15 m fully diluted 87 70 public float market capitalization 43 105 v highlights significant properties o 100 interest in the copalquin property durango state mexico centrally located s sierra madre mineralogical belt 64 099 hectares approximately 641 sq km of morgain minerals mgm recently acquired 606 immediately adjacent to from alamos tsxv agi for over 2 million phase drilling completed and 3 program set commence drill hole 14 intersected 11 meters mineralization averaging 01 g t gold 300 silver potential host a large scale epithermal deposits