THE

UtahUranium Corp. (the "Company") (OTCBB: UTUC) is pleased to announce thesigning of a letter of intent to option out the Ernestina Lake Potashproperty, located in the Province of Alberta, Canada, with MountainCapital Inc. ("MCI") (TSX-V: MCI). In total, the Company acquiredpotash permit applications covering a total of 192,000 contiguoushectares (474,400 acres) in east central Alberta, on the Saskatchewanborder. To date, a total of 19 permits have been received, covering atotal of 143,800 hectares (355,300 acres). The Company anticipatesreceipt of the outstanding applications shortly.

Terms of the agreement are as follows:

--  $50,000 Cash (on signing -- non refundable)
--  $125,000 Cash and 500,000 shares on TSX Venture Exchange Approval
--  $500,000 work commitment within 12 months including preparation of a
NI43-101 report
--  $75,000 Cash and equivalent value to $30,000 in shares prior to
December 25th, 2008
--  $125,000 Cash and equivalent value to $30,000 in shares prior to April
25th, 2009
--  $125,000 Cash and equivalent value to $30,000 in shares prior to
August 25th, 2009
--  Milestone 1
--  $1,000,000 (in addition to above) work commitment within 24 months of
granting of Exploration Permits
--  Milestone 2

AfterMilestone 1, Optionee will be deemed to have earned a 50% interestsubject to a 3.0% NSR of which 80% of the NSR can be purchased for$2,500,000. Completion of Milestone 2 will increase Optionee interestto 60% subject to NSR.

According to an overview of workconducted by Royal American Petroleums Ltd. in 1966 filed with theAlberta Geological Survey in Mineral Assessment Report (19660009): "Thegeological strata and basinal effects in the Vermilion area are closelyrelated to the potash-rich areas of Esterhazy, Saskatoon and Unity."

Adetailed study of this portion of Alberta showed the presence of asubstantial quantity of carnallite and possible sylvite in theVermillion area in the East Central Plains of Alberta. Literature madeavailable from the Alberta Conservation Board, corroborates this potashoccurrence in Alberta.

The potash minerals are found in thePrairie Evaporite section of the Middle Devonian Elk Point Basin. Thecarnallite and the pinkish potash mineral lie on top of a thick 400foot section of common salt (halite). A thickness of twelve feet ofcarnallite was reported to be present and the pinkish and greyishmineral, in all probability sylvite, occurs through the first 80 feetof the Prairie Evaporite.

The potash minerals are of the samecomposition and depositional sequence and depth as the potash at Unity,Saskatchewan, the location of Canada's first Potash Mine. A possiblepotash bed occurs at 2600 feet in the Prairie Evaporite which could bean extension of the Unity deposit. The lower deposits are separate butoccur at 3500 feet similar to the Saskatoon deposits.

THEPIGS PORK PIE PICKS.....................
MOUNTAIN CAPITAL INC - MCI:TSX-V 

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.54	+0.09	+20.00%	1,794,864	0.68/0.51	0.68/0.08

THE PIG SENT OUT A MID-DAY MARKET ALERT ON MCI. THIS POTENTIALLY
PORKY PROFITEER HAS SIGNED AN LOI (SEE ABOVE) TO ACQUIRE SOME HUGE
ACREAGE. THE PIG FIGURES THAT ONCE THIS GETS OUT IN THE NEWS OF THE
GENERAL MARKET, THE POTASH MANIA MAY MOVE TO IT SOMEWHAT. THE
PIG'S GREED GLAND'S ARE SEETHING LIKE A SEPTIC TANK AT A CHILI COOK
OFF. THIS ONE HAS SOME MILEAGE AND COULD GAP UP IN THE MORNING.
RUMOURS HERE AND THERE ABOUT MORE NEWS TO COME ON IT SO STAY
TUNED TOMORROW. SAME PIG STATION SAME, PIG CHANNEL.

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.58	UNCH	0.00%	1,219,020	0.62/0.54	0.81/0.1

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.54	+0.05	+10.20%	4,073,985	0.63/0.51	0.63/0.11

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.36	+0.03	+9.09%	668,704	0.38/0.33	0.45/0.17

STILL A PIG FAVORITE , NICE DAY ON GOOD VOLUME. PORKY PROFIT
POTENTIAL ON A  MEDIUM AND LONG TERM BASIS.

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.48	+0.21	+77.78%	940,750	0.57/0.36	0.67/0.205

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.70	+0.06	+9.37%	425,000	0.7/0.65	1.4/0.53

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.65	+0.07	+12.07%	312,273	0.65/0.61	1.55/0.155

Price	Change	% Change	Volume	Day High/Low	52 Week High/Low
0.28	-0.005	-1.75%	95,500	0.33/0.26	1.19/0.135

QUEBEC SHALE PLAYERS
(THE PIGS FAVORITES)