UMining Resources; Huge Grade Samples of Up to 80.1g/t Gold

Mar 03, 2011, 13:00 ET from Umining Resources Inc

NEW YORK, March 3 /PRNewswire/ - UMining Resources Inc. (PinkSheets: UMNG) announces that the assayed samples on the Tantalos Mine property, totalling 125 lbs of ore, returned high-grade values up to 58.4g/t and 80.1g/t of Gold.

A previous geological report, based on a diamond drill program undertaken on the Tantalos Mine property, has indicated that 149,333 Oz of ore were found averaging 1.21 Oz/t of gold, for total reserves of 173,433 Oz gold and 2.68 Oz silver per ton for a total of 384,132 Oz silver.

About UMining

UMining Resources Inc. is a gold mining company, mainly focused on developing joint-ventures and royalty agreements on gold properties. Looking towards the future, UMNG will work on creating shareholder's values based on property ownership percentage, joint-ventures and royalty agreements. UMNG will be operating in a socially, environmentally and ethically responsible manner in order to meet its objectives.

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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 operating results.

SOURCE Umining Resources Inc