U Mining Resources Inc. Establishes Successful Partnership and Announces Long Term Plans in Guinea

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Wed Jul 23, 2008 11:59am EDT

  NEW YORK, NY, Jul 23 (MARKET WIRE) -- 
U Mining Resources Inc. (PINKSHEETS: UMNG) has today disseminated that
the Company's successful business endeavor to ally with an established
Guinean firm will generate both short and long term improvements within
the country. In addition, U Mining Resources Inc. and its new partners
share an identical vision in Guinea and their interest in developing the
country's foundations and infrastructure have never been greater.

    Furthermore, both partners desire to fulfill some of the country's
greatest needs, seeking to rebuild and create new schools and hospitals
are the partnership's urgent priority in Guinea. The Company will then
transfer the schools and hospitals to the Guinean government authorities
as part of the partnership's continuous humanitarian efforts throughout
the country.

    Moreover, the Company and the Guinean firm are taking immediate action to
plan the construction of a new deep sea water harbor to assure a long term
development process of Guinea's natural resource markets.

    Lastly, in an administrative decision, the partnership will appoint a new
board of directors incorporating the Guinean representatives without any
delay.

    In closing, the newly formed partnership between U Mining Resources Inc.
and the established Guinean firm consider the improvement of Guinea's
social and economic foundations as their top priority and therefore have
determined a short and long term agenda for the accomplishment of their
joint mission.

    Forward-Looking Statements

    Please be advised that statements made herein, other than historical data,
constitute forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those stated or
implied by such forward-looking statements. The potential risks and
uncertainties include, among others, potential volatility in the company's
stock price, increased competition, customer acceptance of new products
and services offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating results. Please
also be advised that the company's stock is not currently registered with
the Securities and Exchange Commission.

    

For additional information or investor relations please call:
U Mining Resources Inc.
(516) 762-0154

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