Star Uranium & United Carina form 50/50 partnershi

[swampdog]

They are going to the Ukraine to mine.
Swamp

Source CCNMatthews
Date 02/26/2007
Time 08:23:27 AM

Company STAR URANIUM CORP.
Title Star Uranium Plans Eastern European Uranium Acquisitions and Exploration

CDNX Symbol: SUV

Press Release

NEWS RELEASE TRANSMITTED BY CCNMATTHEWS


FOR: Star Uranium Corp.

TSX VENTURE SYMBOL: SUV

February 26, 2007

Star Uranium Plans Eastern European Uranium Acquisitions and Exploration

SASKATOON, SASKATCHEWAN--(CCNMatthews - Feb. 26, 2007) - Star Uranium Corp.
(TSX VENTURE:SUV) Star Uranium Corp. (SUV) is pleased to announce that it has
formed a 50/50 joint venture with United Carina Resources Corp. (UCA) for the
purpose of acquiring uranium exploration licenses in the Ukraine and the Former
Soviet Union "FSU". The two companies have equal ownership of 50% each of the
joint venture company. The new company is in the process of applying for a
Ukraine Exploration Permit, which is the protocol for acquiring Ukraine uranium
properties firstly and then for the subsequent exploration and eventual
production of uranium.

The companies have recently opened an office in Dnipropetrovsk, Ukraine, with
an initial staff of 5 support and technical personnel. Further ramping up of
additional professional and technical staff is underway as the company's
permitting and acquisition program progresses.

Ukraine is thought to be the world's tenth largest producer of uranium and 11%
of the Uranium resources of the FSU, however it does not report uranium
production or resources and some estimates are considerably higher, but not
reported due to state secrecy laws. The government of Ukraine has recently
announced a plan to increase its uranium production 800% by 2030. Historically
Ukraine has had many world-class deposits, one of them being the
Novoconstantinovskoye underground uranium mine in Ukraine, which is currently
in development and is thought to have reserves in excess of 100 million pounds
U3O8.

Ukraine is a democratic independent nation with a population of 50 million, of
whom 80% are Ukrainian and the balance are largely Russian or members of the
nations of the ex-USSR. Due to its extraordinary wealth in mineral resources,
Ukraine was considered a cornerstone of the economic development of the former
Soviet Union.

Uranium exploration in Ukraine commenced in 1944. Since that time 21 deposits
have been discovered, mostly located in south-central Ukraine, between the
rivers Bug and Dnepr, where Star Uranium and United Carina have located their
offices.

The majority of uranium mineralization is metasomatic; however,
sandstone-hosted uranium is present in economic quantities. Reserve figures for
the Ukraine are not published, as state secrecy laws presently prohibit their
publication.

A decision is expected very soon regarding the Company's court case with Shore
Gold Inc. over ownership of certain mineral claims in Saskatchewan. An
announcement will be made as soon as the Company receives the decision from the
courts.

For more information please visit our website at www.staruranium.com.

ON BEHALF OF THE BOARD

Rick Walker, President

- 30 -

FOR FURTHER INFORMATION PLEASE CONTACT:

Star Uranium Corp.
Rick Walker
President
[phone]
Fax: [phone]
Email: [e-mail]
Website: www.staruranium.com

The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or
Accuracy of This News Release.

INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: JVN - JOINT VENTURES

[swampdog]

This is from United Carina. Same info, a little more detailed.
Swamp

Source CCNMatthews
Date 02/26/2007
Time 08:27:57 AM

Company UNITED CARINA RESOURCES CORP.
Title United Carina Plans Eastern European Uranium Acquisitions and Exploration

CDNX Symbol: UCA

Press Release

NEWS RELEASE TRANSMITTED BY CCNMATTHEWS


FOR: United Carina Resources Corp.

TSX VENTURE SYMBOL: UCA

February 26, 2007

United Carina Plans Eastern European Uranium Acquisitions and Exploration


SASKATOON, SASKATCHEWAN--(CCNMatthews - Feb. 26, 2007) - United Carina
Resources Corp. (TSX VENTURE:UCA) United Carina Resources Corp. (UCA) is
pleased to announce that it has formed a 50/50 joint venture with Star Uranium
Corp. (SUV) for the purpose of acquiring uranium exploration licenses in the
Ukraine and the Former Soviet Union "FSU". The two companies have equal
ownership of 50% each of the joint venture company. The new company is in the
process of applying for a Ukraine Exploration Permit, which is the protocol for
acquiring Ukraine uranium properties firstly and then for the subsequent
exploration and eventual production of uranium.

The companies have recently opened an office in Dnipropetrovsk, Ukraine, with
an initial staff of 5 support and technical personnel. Further ramping up of
additional professional and technical staff is underway as the company's
permitting and acquisition program progresses.

Ukraine is thought to be the world's tenth largest producer of uranium and 11%
of the Uranium resources of the FSU, however it does not report uranium
production or resources and some estimates are considerably higher, but not
reported due to state secrecy laws. The government of Ukraine has recently
announced a plan to increase its uranium production 800% by 2030. Historically
Ukraine has had many world-class deposits, one of them being the
Novoconstantinovskoye underground uranium mine in Ukraine, which is currently
in development and is thought to have reserves in excess of 100 million pounds
U3O8.

Ukraine is a democratic independent nation with a population of 50 million, of
whom 80% are Ukrainian and the balance are largely Russian or members of the
nations of the ex-USSR. Due to its extraordinary wealth in mineral resources,
Ukraine was considered a cornerstone of the economic development of the former
Soviet Union.

Uranium exploration in Ukraine commenced in 1944. Since that time 21 deposits
have been discovered, mostly located in south-central Ukraine, between the
rivers Bug and Dnepr, where Star Uranium and United Carina have located their
offices.

The majority of uranium mineralization is metasomatic; however,
sandstone-hosted uranium is present in economic quantities. Reserve figures for
the Ukraine are not published, as state secrecy laws presently prohibit their
publication.

A decision is expected very soon regarding the Company's court case with Shore
Gold Inc. over ownership of certain mineral claims in Saskatchewan. An
announcement will be made as soon as the Company receives the decision from the
courts.

For more information please visit our website at www.unitedcarina.com.

ON BEHALF OF THE BOARD

Rick Walker, President

- 30 -

FOR FURTHER INFORMATION PLEASE CONTACT:

United Carina Resources Corp.
Rick Walker
President
[phone]
Fax: [phone]
Website: www.unitedcarina.com

The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or
Accuracy of This News Release.

INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: JVN - JOINT VENTURES

[Twist Capper]

Already posted here, but since you have the UCA filing,
we'll leave it up.

www.cmkxgroup.proboards88.com/index.cgi?board=general&action=display&thread=1172509382


TC

[swampdog]

Look who else is mining in the Ukraine, Walter Stunder from North Star Diamonds. What a coincidence.
Swamp

North Star Diamonds Inc.

Symbol:
NSDM

Exchange:
OTC


525 Seymour Street, #908

Vancouver BC

Canada V6B 3H7

Tel

Fax:
[phone]

[phone]

email:
[e-mail]

url:
www.northstardiamondsinc.com

Financials:


Stock Quote (NSDM)

Profile:
North Star Diamonds, is a mining company focused on the discovery of commercial diamond deposits. North Star Diamonds has exceptional land holdings and a highly skilled management and technical team respected for breaking new ground in the highly competitive diamond industry. North Star Diamond’s CEO Walter Stunder is a gemologist whose parent’s originated from Ukraine and who has been working in the former Soviet Union and Ukraine searching for diamonds since 1980. In the mid 1990’s, diamonds were found in Ukraine by Mr. Stunder. Mr. Stunder raised $450,000 and accomplished all the initial exploration work. Mr. Stunder is now heading NSDM and has his focus on diamond exploration in North Western Ukraine. NSDM is not in the stage of prospecting for kimberlite pipes, but building on a base to continue drilling them. This is brand new undiscovered territory in Central Europe.

www.mininglife.com/operations/companydetail.asp?Company=North+Star+Diamonds+Inc%2E

[Twist Capper]

swampdog said:

Look who else is mining in the Ukraine, Walter Stunder from North Star Diamonds. What a coincidence.
Swamp

North Star Diamonds Inc.

Symbol:
NSDM

That's part of why many of us have have bought and held NDSM
for a few years.............