Orosur Mining Regulatory News (OMI)

28 Apr 2008 07:00

Production resumed after termination of Union blockade Uruguay Mineral Exploration Inc ("the Company") (TSX VENTURE:UME) (LSE:UGY)announces that during the course of last week, the Uruguayan Labour and SocialSecurity Ministry, the Metallurgical Union and Uruguay Mineral Exploration Inc.completed negotiations to resolve the labour conflict which resulted in theblockade of the Company's operations being lifted during Saturday 26th of April.Operations recommenced on the same day at approximately 2:00 pm. Production lost as a result of the dispute is estimated to be 2,500 ounces.Forecast full year production for the 2007/08 financial year has been reduced to92,500 ounces. ENDS The TSX Venture Exchange has not reviewed and does not accept responsibility forthe adequacy or accuracy of this news release. Editors' note: Uruguay Mineral Exploration Inc. is a gold producer andexploration company focused on identifying and developing mineral opportunitiesin Uruguay. UME is a fully integrated mining company, possessing the skillsnecessary to explore and develop its discoveries. The Company operates the onlyproducing gold mine in Uruguay (San Gregorio), and is also the leading mineralexploration company in Uruguay having assembled an exploration portfolio basedon gold, base metals (copper, nickel, lead, zinc) and diamond prospects. Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) andRBC Capital Markets is its Nominated Adviser and Broker. \* TFor further information, please contact: Uruguay Mineral Exploration IncTony Shearer, Chairman: +44 20 7602-1570; tonyshearer@btinternet.comDavid Fowler, CEO: 598 2 6016354; urumin@ume.com.uy Investor/Media RelationsEmily Bruning, Shared Value Ltd: +44 (0) 20 7321 5027; ebruning@sharedvalue.net RBC Capital MarketsAndrew Smith: +44 (0) 20 7029 7882; andrew.smith@rbccm.comSarah Wharry: +44 (0)20 7653 4667; sarah.wharry@rbccm.com\* T Copyright Business Wire 2008