October 2006

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October 2006
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Disclaimer

• The 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 Companys 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
  Companys 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 Companys
  management on the date the statements are made.
  The assumptions used in the preparation of such
  statements, although considered reasonable at the
  time of their preparation, may prove to be
  imprecise and as such, undue reliance should not
  be placed on forward-looking statements.

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Focus on Production in 2006

• UC Resources is rapidly advancing in Mexico to
  acquire an asset base of high quality silver and
  gold production assets with significant upside on
  their exploration potential. It is my personal
  objective that UC Resources will become a
  producer of silver gold in 2006.
• Richard J. Hamelin,
• President / CEO

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Why Mexico?

• Mexico is one of the worlds largest silver
  producers and industry experts remain bullish on
  future supply and demand curves for both gold and
  silver.
• Extraordinary market appreciation is being
  realized by Canadian producers and explorers in
  Mexico.
• Mexicos Sierra Madre Mining Belt hosts numerous
  major discoveries by other Canadian explorers
  like Gammon Lake, Kimber, First Majestic, Western
  Silver, Alamos, Mine Finders, and Endeavour
  Silver.

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Why Silver?

• Estimated Total Silver Bullion Inventories,
  Year-end

Source CPM Group
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Why Silver?

• Deficits Impact on Pricing

Source CPM Group
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Why Gold?

• Five Year Gold Chart

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Mexicos Sierra Madres
LA DURA PROJECT (UC RESOURCES)
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CORPORATE STRUCTURE
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Copalquin Project
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Copalquin Map
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Copalquin Results

• 2004/2005 Phase I
• High-grade and low-grade silver and gold
  encountered, indicative of a major
  epithermal-type deposit
• 2005/2006 Phase II
• Drilling clearly showed that alteration and
  silicification associated with the epithermal
  system is pervasive and extensive
• 50 ounces/tonne silver and 1.4 ounces/tonne gold
  over 5 metre intersection at La Soledad target

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Comparables to UC Resources Ltd.
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Compelling Comparables

• Results and Geology of Copalquin in Phase I II
  are very comparable to early results of other
  Epithermal Systems in Mexico by
• Gammon Lake (Ocampo Project)
• Kimber Resources (Monterde Discovery)
• Alamos Gold Inc. (Mulatos Discovery)
• Minefinders Corp. Ltd. (Dolores Discovery)
• Silver Wheaton Gold Corp.
• Gammon Lake has reported a deposit containing an
  estimated 8 million ounces of gold equivalent

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Copalquin Geological Map
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Target Area Results
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La Yesca Project

• Modern 200 tonnes per day mill on site
• Production target for 4th quarter of 2006
• Inferred mineral resources of approximately
  225,000 tonnes of tailings grading 2.0 g/t gold
  and 220 g/t silver
• 600 hectare exploration and exploitation project
• Two existing historically productive silver-gold
  mines to be rehabilitated in 2007
• Exploration upside

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La Dura Project

• Under letter of intent for a 90 interest in
• 60 tonnes per day flotation concentrating plant
  with expansion capabilities to 300 tonnes per day
• 100,000 tonnes of silver and gold tailings
• Past producing mine to be rehabilitated and made
  productive in 2007
• 761 hectare mining concession with known
  epithermal vein system

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Share Structure TSX.VUC

• (As of Sept 30, 2006)
• Shares issued 69.8 million
• Options outstanding 6.2 million
• Warrants outstanding 20.3 million
• Fully diluted basis 96.3 million
• Daily share volume 500,000 shares
• Market Cap (as of 09/28/06) 35.6 MM
• Additional cash raised on dilution 3.8 MM

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Share Structure TSX.VUC
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Management

• Richard J. Hamelin President CEO, Director
• Nicole Wood CFO Controller
• William Elston VP Corp. Development
• Carl von Einsiedel Exploration Consultant
• Gregory Roberts - Director
• Gary Monaghan - Director
• Michael Cartmel Director
• David Boyd - Director

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CEO

• Richard J. Hamelin
• President / C.E.O.
• Appointed President CEO on June 15, 2005
• Resident of Mexico Extensive network of
  professionals providing a steady flow of
  potential acquisitions
• Extensive experience in both international mining
  development projects and in capital markets

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Corporate Achievements

• Acquisition of Minera Planet Mexican Exploration
  Subsidiary
• Acquisition of Minera Silver Creeck Mexican
  Production
• Acquisition Letter of Intent signed in August
  2006 to acquire El Alizal Mexican Subsidiary
• Discovered a 5 metre wide mineralized zone at La
  Soledad target of 50 oz/tonne silver and 1.4
  oz/tonne gold
• Phase 2 surface trenching sampling returned
  economic silver and gold values extending the
  strike length of the zone
• Increased land package of flagship Copalquin
  Mining District from 7,000 to 64,000 hectares
  (640 sq. kms) in two phases
• Completed 3 rounds of equity financing for 4
  million for exploration and production
  acquisitions in Mexico

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Short-Term Goals

1. Growth through new acquisitions
2. Exploration and development of flagship Copalquin
   Mining District
3. Develop recent production acquisitions La Yesca,
   La Dura and Mar projects
4. Enhance valuation of asset through modern
   exploration techniques

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Financing Initiatives

• Negotiations are currently being discussed with
  those active in financing Mexicos precious
  metals mining opportunities.
• The Companys future focus will be to finance
  through more traditional methods with Capital
  Partners.
• Debt
• Convertible Debentures
• Future Project Financing in the range of
  25mm to 125mm

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Benefits As A Producer

• Cash flow, cash flow, cash flow
• Producers enjoy higher valuation multiples by
  industry analysts
• Stronger participation from institutional
  investors
• Broader coverage by research analysts and
  investment banking community

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Long Term Objectives

• Build a mid-tier Exploration and Production
  company with a specific focus on silver and gold
  exploration and development in Mexico
• Increase market capitalization through
  acquisitions and internal growth from our
  existing projects, to evolve into a 500 mm
  market cap company, with the objective of
  attracting a major to the table for a friendly
  merger or take-over
• Our final objective is to provide our investors
  and partners with a clearly defined acceptable
  exit strategy

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Summary

• Management has enjoyed a successful track record
  in mining development and capital markets
• Trading at a lower market cap than other Canadian
  emerging producers
• All 4 projects centrally located in the heart of
  Mexicos prolific Sierra Madre mining belt
• Phase II drilling on Copalquin completed, Phase
  III set to begin in October
• Additional acquisitions in advanced stages of
  evaluation

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Offices
Mexico Office Torreon Coahuila, Mexico Richard
J. Hamelin VOIP 1-416-907-0788 Email
hamelin_at_ucresources.net
Vancouver Corporate Headquarters 1000, 355
Burrard Street Vancouver, B.C.
V6C2G8 Canada ContactWilliam S. Elston Vice
President Tel [phone] Fax
604-608-6163 Toll 1-800-366-8566 Email
elston_at_ucresources.net Website
www.ucresources.net