US Canadian Minerals Inc. Introduces the COD Mine, Mercator`s Proximity and NI 43-101 Schedule

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Wed May 27, 2009 11:11am EDT

LAS VEGAS--(Business Wire)--
US Canadian Minerals Inc. (OTCBB:USCN), a U.S. based junior mineral exploration
company would like to introduce COD Mine asset, Mercator Minerals proximity to
the COD asset and the release schedule of the NI 43-101. 

COD Mine, Kingman AZ 

COD Mine includes 13 claims totalling 260 acres in Kingman AZ. Worked since the
1880`s and last operated in the 1980`s the mine has some 1.2 M tons of proven,
probable and possible blocked out resources (engineering reports dated 1970).
This would bring an estimation totalling $450M USD of in ground resources (Not
NI 43-101 compliant, report completed in 1980) and at today`s prices. In
addition there are some 42,000 tons of above ground resources. 

The mine has a 700 ft deep shaft and some 1700 ft of tunnels. An extensive chip
sampling with assays and extensive maps from the previous operator are available
at www.uscanadianmin.com/Arizona.htm. 

The COD mine is a silver-gold mine with significant lead and zinc grades. The
gold grade ranges from 5 to 7 grams per ton and the silver grade ranges from 8
to 18 ounces per ton. The lead and zinc average grades are approximately 3%.
Previous estimations of $450M USD (Not NI 43-101 compliant) are based upon 9
previous geological and engineering studies and speak only to the ore blocks
encountered in the underground workings consisting of the COD vein. The
underground workings could be significantly expanded on the 6 other veins and
the 260 acres controlled and unexplored. There are possibilities copper and moly
is in the lower portions of these formations similar to what is found in
neighbouring properties. 

USCN would like to announce that a NI 43-101 compliant report on the COD Mine is
near completion and results are anticipated within the next week. A drilling
program on the above ground assets and extensive geology studies have been
completed for this report and will be included in the results. We have posted
some photos on our website at http://www.uscanadianmin.com/press.htm of the
above ground drilling program. 

USCN`s plans for the COD asset are as follows; prove up the resources into
reserves with the 43-101 on the mine and above ground assets; Continue with
further exploration through geomagnetic survey and a drilling program; and
possibly process above ground assets in near term. Definition of National
Instrument 43-101 - is a mineral resource classification scheme used for the
public disclosure of information relating to mineral properties. The NI is a
strict guideline for how public companies can disclose scientific and technical
information about mineral projects on bourses supervised by the Canadian
Securities Administrators. 

Management would also like to bring to the attention of shareholders the
proximity of the COD claims to the operations of Mercator Minerals Mineral Park
Project. Mercator (ML:TSX) is a direct neighbour and has some workings on the
same vein system that lies within USCN`s COD claims. 

Mercator Minerals Ltd. 

Mercator Minerals Ltd is a TSX (ML:TSX) listed mining company with an
experienced management team that has recently brought production and expansion
to a mill at their Mineral Park Mine. This is one of the largest and most modern
copper-moly-silver mining-milling operations in North America as stated by
Mercator. 

Mercator`s open pit operation is located approximately 1500 meters from COD
claims. A lower elevated copper deposit is being exploited and had been shipping
approximately 1M lbs of copper per month plus significant silver and some gold.
It is possible this same copper Moly deposit lies below our claims on the COD at
depth, but will need exploration in the future. 

Mercator has closed $50+ million in bought financings in the past 6 months
according to their public filings. Proven and Probable reserves of $4.75 billion
(Mercator Minerals Current Reserves Report - March 9, 2009) 

Mercator Minerals website: www.mercatorminerals.com. 

We have posted a proximity map of Mercator Minerals operations with COD Mine
Claims at http://www.uscanadianmin.com/images/COD-Mercator%20Map.pdf

About USCN Inc 

US Canadian Minerals Inc. is a junior mining and exploration company whose
business strategy is to grow shareholder value through acquisition, exploration
and exploitation of near term production precious metal properties in North and
South America. 

Safe Harbour 

This press release contains statements, which may constitute "forward-looking
statements" within the meaning and "safe harbour" provisions of the Private
Securities Litigation Reform Act of 1995. Those statements include statements
regarding the intent, belief or current expectations of US Canadian Minerals
Inc., and members of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important factors
currently known to management that could cause actual results to differ
materially from those in forward-statements include fluctuation of operating
results, the ability to compete successfully and the ability to complete
before-mentioned transactions. The company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions, the occurrence
of unanticipated events or changes to future operating results. US Canadian
would also like to inform that all references to reserves or valuations are not
NI 43-101 compliant unless otherwise identified. 





US Canadian Minerals Inc.
Dale Baeten, Investor Relations, 920-273-7941
ir@uscanadianmin.com



Copyright Business Wire 2009

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