U.S. Canadian Minerals Confirms Updated Geological Report

MCCARRAN, Nev.--(BUSINESS WIRE)--On May 27th, June 3rd and June 9th, 2009, U.S. Canadian Minerals, Inc. (the “Company”) (Pink Sheets: USCN) issued a series of press releases (the “Press Releases”) which disclosed, among other things, the Company’s anticipated and subsequent receipt of a geological report which was formatted on Canadian National Instrument 43-101 (the “Report”). The geological report related to the Company’s interests in the COD mine in Mojave County, Arizona. In the first two Press Releases the Company suggested that the report was 43-101 compliant. In the June 9^th 2009 Press Release the Company affirmatively stated that the Report was not 43-101 compliant.

In a letter to the Company dated July 17, 2009 the Securities Exchange Commission (the “SEC”) advised the Company that “unless [the] report has been submitted, reviewed and approved by the Canadian authorities, and filed on SEDAR, [the Company] may not describe a report in this manner,” (that is, compliant with Canadian National Instrument 43-101). In light of the SEC’s advice, and the Company’s prior potentially conflicting statements with respect to the Report, the Company confirms that, consistent with its June 9, 2009 Press Release, the Report was not submitted, reviewed or approved by appropriate Canadian regulatory authorities nor was it filed with the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR”). The Report is not 43-101 compliant. As such, the Company advises that it has received a recent updated geologic report only. The Press Releases and the information contained in the Press Releases should be should be read and received by the investing public in that light.

FORWARD-LOOKING STATEMENTS

This press release contains statements which may constitute “forward-looking statements” within the meaning and “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Canadian Minerals, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that ant 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-looking statements include, among others, material variations in the value of the commodities being processed and refined by the Company, unforeseen material fluctuations in operating results and the ability to compete successfully in our market sector. Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as updates may be required by applicable law. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statements filed with the United States Securities and Exchange Commission (the "SEC")(available at www.sec.gov). Although the Company believes that the plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the SEC. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

U.S. Canadian Minerals, Inc.
Thomas E. Barton Chown, 775-343-1000