Uruguay Mineral Exploration Inc. Half Year Results Conference Call

Uruguay Mineral Exploration Inc., UME (TSXV), UGY (AIM), will announce its financial results for the quarter and six months ended November 30, 2006 on Thursday 11 January 2007.

The company will host a conference call for the global financial community at:

11.00 (EST – Toronto) / 14.00 (Montevideo) / 16.00 (GMT – London)
The conference call will be webcast in listen-only mode on UME’s website at www.uruguayminerals.com

To participate in the conference call, please register at: www.sharedvalue.net/ume/hy06-07

The dial-in number to join the conference call will be available upon registration.

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Uruguay Mineral Exploration Inc, is a gold producer and exploration company focused on identifying and developing mineral opportunities in Uruguay. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in the country (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects. In the first half of 2003, the Company discovered the Arenal deposit, currently the largest known gold resource in Uruguay.

Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) and Collins Stewart Limited is the Nominated Adviser and broker.

For further information

Shared Value Ltd Emily Bruning +44 20 7321 5027 ebruning@sharedvalue.net

Source: Uruguay Mineral Exploration Inc.