WUC Western Uranium Corp.

Western Uranium Corporation (TSX VENTURE:WUC) ("Western" or "the Company") is
pleased to announce the Company has entered into an Option Agreement with AuEx
Ventures, Inc. (XAU) to earn a 70% interest in the Baza property in south east
Spain. Western believes after review of the data and site visit that this
project offers exceptional potential for discovery of one or more significant
gold and copper deposits as the area exhibits characteristics associated with
Iron Oxide Copper Gold (IOCG) deposits. The most advanced prospect area, Cerro
del Gallo has yielded gold and coppers values in rock samples ranging from 1.53
g/t Au and 0.33% Cu over 1.2 meters to 6.8 g/t Au, and 1.86% Cu over 3.4 m from
mineralized structures and prospects along a 2 km strike length. Individual rock
chip samples have returned gold values up to 20.0 g/t and copper values up to
10%. The Company believes this property represents a rare and unique opportunity
to explore a property with widespread indications of hosting a large mineralized
system that has not been subject to modern exploration methods (Refer to
attached map).


The expansion of exploration into gold and copper provides important
diversification into the rapidly rising gold market and as the economic recovery
continues, into the base metal arena. Management believes both commodities have
potential to provide nearer term value to shareholders and spreads the risk from
focusing solely on one commodity. In addition, WUC is very pleased to have AuEx
as a partner. AuEx has a successful track record of acquiring properties of
merit and has a management and technical team that WUC management has known for
a number of years. 


The project is in a region that was historically mined for iron with the last
iron mine closing in 1992 but there are no records of copper and gold being
exploited. Significant quantities of gold and copper are found in many samples
taken from various small mine workings and dumps scattered over the entire 25
kilometer length of the project area, suggesting that both commodities were not
recovered during any of the historic periods of small scale mining activity.
Currently two areas have been identified that with some additional field work
will be drill ready by first quarter of 2010. Due to the large size of the
property and the number of areas that have significant amounts of mineralization
at surface, drilling programs will be conducted in several phases. The first
phase of drilling will be focused on testing the near surface gold/copper target
at Cerro del Gallo. A ground magnetic survey is currently underway over this
location which will supplement the geochemistry and geologic mapping to assist
in defining drill targets. A larger airborne survey designed to cover the entire
project area is in the planning stages and will be initiated in the near term.


WUC has the right to carry EuEx (a wholly owned subsidiary of AuEx) through
bankable feasibility on any given exploration permit to earn up to 70% of the
project and by paying an aggregate of US$400,000 to AuEx of which US$100,000 has
been paid. To maintain the option US$100,000 must be paid on the first, second,
and third anniversaries of the Agreement to AuEx and minimum annual expenditures
must be incurred at the rate of:


EUR$500,000 on or before the first anniversary; 

EUR$600,000 on or before the second anniversary;

EUR$1,000,000 on or before the third anniversary;

EUR$500,000 in each subsequent year until such time as a bankable feasibility
study is obtained in respect of a particular Permit;


If WUC spends at least EUR$3,000,000 on any given Exploration Permit or
Application, it is entitled to a 5% NSR which reduces to a 1% NSR after
EUR$6,000,000 in payments.


The Company is very excited about the potential of the project and believes the
terms to acquire a 70 % interest are reasonable. WUC believes this is a great
opportunity to have acquired a property that exhibits this level of potential at
such an early stage with minimal exploration undertaken to date.


Elsewhere the Company is currently drilling several core holes to test a newly
defined area, JJ, for uranium mineralization at the Kings Valley Property,
Nevada. This is an area that lies approximately 3 km to the east-southeast of
the known Moonlight Zone. Surface sampling in soils and rocks along with a radon
track-etch survey has revealed anomalous levels of radioactivity. Three to four
holes are planned as a first pass test to gather geologic information and
determine the controls on potential mineralizing sources. 


All assay results have been received for the drilling on the Albisu gold target
at the north end of the Kings Valley project. As with the other reported
results, the outstanding intervals returned scattered, low grade (0.10 - 0.50
g/t) of gold mineralization along with elevated levels of pathfinder elements
such as mercury and arsenic. The most significant zone intercepted was in
ALB-014, 119.0 m - 120.5 m of 2.87 g/t gold. Due to the amounts of gold, albeit
low grade and scattered, the Company believes this area warrants further
examination and is currently evaluating the next course of exploration which may
include seeking a joint venture partner for this area. 


About the Company

Western Uranium Corporation is a mineral exploration company. The Company has
exploration properties in Nevada, New Mexico and in the Thelon Basin, Nunavut.
The Company has its head office in Vancouver, Canada; its executive management
team is based in Reno, Nevada.


The contents of this press release were reviewed by Ms. Pamela Klessig for WUC.
Ms. Klessig has sufficient experience to review this release and is a Qualified
Person as defined by NI 43-101.


To view the map associated with this press release, please click on the
following link: http://media3.marketwire.com/docs/wuc1013.jpg


On behalf of the Board of Western Uranium Corporation

Pamela J. Klessig, President & CEO

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