Union Bankshares Inc UNB

Great News from UNB : NR

[newkid30]

UNITED BOLERO DEV Quick Quote: UNB 0.20 (Even) United Bolero Acquires Copper-Gold Prospect Adjacent to Coronado Resources in Madison County, Montana 1/30/2006 VANCOUVER, BRITISH COLUMBIA, Jan 30, 2006 (CCNMatthews via COMTEX) -- United Bolero Development Corp. (the "Company" or "United Bolero"), (TSX VENTURE:UNB)(PINK SHEETS:UBDVF)(FWB:U7N) is pleased to announce the acquisition of prospective property in the Silver Star mining district, Madison County, Montana adjacent to, and on strike with, property being explored by Coronado Resources Ltd (TSX VENTURE:CRD) named the Madison property. On January 26, 2006, Coronado reported assay results of drill hole #C05-6 on its Madison property of 41.05% copper over a core length of 27 feet within a larger intercept of 64 feet grading 19.24% copper. Additionally, Coronado reported gold assays further down the hole of 54.4 feet of 0.354 ounces of gold per ton. The Copper Star group of 4 claims was staked by experienced personnel from the company's wholly owned subsidiary, Montana Molybdenum Corporation immediately after the Coronado announcement. Hart Baitis PhD. (geology) assisted the staking crew by making available his extensive library of geological information on the Silver Star district. Dr. Baitis specifically recommended that the company efforts be directed to acquiring ground covering the contact between the Madison Limestone and the intrusives in the Silver Star mining district, concentrating on areas prospective for skarn-sulphide deposits. During the staking operation, oxidized gossan as well as copper stained (malachite and azurite) material were found on surface (float) on the properties acquired. The Copper Star land package is contiguous with, and lies to the east and south east of the Coronado Resources Ltd. ground. The Copper Star land package is on federally administered (BLM) public lands, in a known mining district, and is easily accessed by 4 x 4 roads within 2 miles of State Highway 55 and the village of Silver Star. President R. Bruce Duncan states, "While our primary focus is to move the molybdenum operations forward, and in particular the Bald Butte operations, as well as a recently announced drill program in Red Lake, the significant assays that came out of the Coronado camp were viewed by management as an opportunity that could not be ignored for the stakeholders of the company. The team at Montana Molybdenum were able to react quickly, doing a superb job of identifying what they felt were the most prospective lands surrounding the new discovery and staking them within 24 hours of the announcement of the Coronado discovery." United Bolero is listed on the TSX-Venture Exchange under the symbol UNB, as well as the Frankfurt Exchange under U7N and clear under the symbol UBDVF in the U.S. For more information, please visit www.unitedbolero.com. On behalf of the Board of Directors R. Bruce Duncan, President Certain information included in this press release is forward looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. The statements in this news release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbour created by these sections. Actual results may differ materially from the Company's expectations. SOURCE: United Bolero Development Corp. United Bolero Development Corp. R. Bruce Duncan President [phone] or Toll Free: 1-888-945-4770 [phone] (FAX) [e-mail] www.unitedbolero.com Copyright (C) 2006 CCNMatthews. All rights reserved. © 2006 Stockgroup Media Inc. | Disclaimer UNB Releases SHfn United Bolero Acquires Copper-Gold Prospect Adjacent to Coronado Resources in Madison County, Montana United Bolero Announces Filing of NI 43-101 Technical Report and Closing of Private Placement UKCap.com: Initiates Midday Profile on UNITED BOLERO DEV (TSX-V: UNB), for Tuesday Dec 13, 2005. Bolero to Commence Mining Operations December 5th United Bolero Announces Completion of 43-101, Bald Butte Continues to Move Forward Gold in a Crashing Stock Market SH @ the Bell: Earnings, Economy Charge U.S. Stocks Buzz on the BullBoards: Solitaire Board a Full House of Pro Posts SH @ the Bell: Blue-Chip Prospects Power Wall Street Securities Sleuth: PRA International (NASDAQ: PRAI) Sponsored Links Triple Your Money Fast - Penny Stock Tip Investment Hot Stock Pick for Tomorrow. - www.RocketStockPicks.com Realtime Stock Quotes - Get Realtime Stock Quotes Free Free Stocks, Quotes, Charts - www.MarketCenter.com $1200/Hr Jobs? - Apply Now And Make Up To $300 In the Next 15 Minutes! - MaximumPayJobs.com CBC.ca News - News hits here first. Up-to-the-minute reports. - cbc.ca

[palladn]

All I can say is EXCELLENT NEWS... AGAIN, Management is on the ball!!! Within 24 HOURS THEY HAD STAKED THE NEW CLAIMS!!! "#C05-6 on its Madison property of 41.05% copper over a core length of 27 feet within a larger intercept of 64 feet grading 19.24% copper. Additionally, Coronado reported gold assays further down the hole of 54.4 feet of 0.354 ounces of gold per ton." The