Every Coy needs a tool, welcome aboard troy.ASX Release 27...

Every Coy needs a tool, welcome aboard troy.

ASX Release 27 February 2009 ASX Code: UMC
Please direct enquiries to:
Matthew Hogan - Phone (08) 9481 0911 Barry Fehlberg - Phone (08) 9481 0911
Chief Executive Officer / Director Executive Director Exploration
(MAICD) BSC (HONS)
IMPORTANT UPGRADE IN RESOURCE STATUS AT RAILWAY DEPOSIT
WITH AN INCREASE IN THE TOTAL RAILWAY RESOURCE TONNAGE
together with
200-300 MT OF ADDITIONAL TARGET POTENTIAL IDENTIFIED ON
COMPANY TENEMENTS
PILBARA IRON ORE PROJECT 100%
1. RAILWAY DEPOSIT RESOURCE UPDATE
Following the completion of new resource calculations on the Railway Deposit, the Directors are pleased to
advise the following
• A new INDICATED JORC Resource of 76 Mt at 60.2% Fe of bedded high grade DSO Marra
Mamba iron ore (Uplift from 64 Mt at 60.14% from the INFERRED category).
• A new INDICATED AND INFERRED total JORC resource of 122.36 Mt grading 58.3% Fe (increase
from 111.3 Mt grading 57.7% Fe INFERRED).