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Resignation of VP Exploration

16th Nov 2009 14:13

Resignation of VP Exploration, George Schroer

Uruguay Mineral Exploration Inc ("UME" or the "Company") announced today that George Schroer the Company's Vice President Exploration will resign effective December 15, 2009. The Company plans to operate with a more streamlined exploration management team.

David Fowler, the Company's CEO, said today "On behalf of the Board and I would like to thank George for his commitment to UME over the past three years and wish him well in the future."

ENDS

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Editors' note: Uruguay Mineral Exploration Inc. is a gold producer and exploration company focused on identifying and developing mineral opportunities in Latin America. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects.

Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) and Matrix Corporate Capital LLP is its Nominated Adviser and Broker.

For further information, please contact:

Uruguay Mineral Exploration Inc

David Fowler, CEO: 598 2 6016354; [email protected]

Matrix Corporate Capital LLP

Louis Castro, +44 (0) 203 206 7209
Tim Graham, +44 (0) 203 206 7206

Copyright Business Wire 2009


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