United Development (fka UDVE)

[hundred to one]

PR 01/18/2005
http://uk.us.biz.yahoo.com/bw/050118/185500_1.html

United Development International to Expand Exploration Program on Canadian Gold Properties
Tuesday January 18, 7:30 am ET


LAS VEGAS--(BUSINESS WIRE)--Jan. 18, 2005--United Development International (Pink Sheets:UDVE - News) is expanding exploration on La Ronge gold properties S-102643 and S-106465 located approximately 15 km north of La Ronge, Saskatchewan, Canada. These properties are located side by side and are in the La Ronge Gold Belt, which has had many successful mining operations in the region such as the Contact Lake Gold Mine 50 km northeast, Anglo Rouyn Copper/Gold mine 25 km northeast, and Jolu Gold mine,150 km north.
The exploration program will initiate immediately. This will consist of a diamond drilling with a sampling program that will better evaluate and define the gold interceptions from previous work.

Previous work consisted of magnetic, VLF-EM surveys and diamond drilling led to discovery of gold near the southern boundary of S-106465 in late 1997. Anomalous gold was intersected from within a wide zone of semi-massive sulphides. The zone has an increase of carbonate and quartz mineralization with the best gold value of 1.85 oz/ton over 4.5 feet from 380' to 384.5'. The intersection averages 0.515 oz/ton Au and 13.4 ppm Mo over 18 feet.

In March 1999, a baseline and grid were established to conduct geophysical surveys and establish an accurate location and control for the drill holes. Magnetic and Very Low Frequency Electromagnetic (VLF-EM) surveys were conducted on the lines. During January and April 1999, thirteen holes totaling 5203 feet (1585.8m), were completed. Anomalous gold was intersected in 11 out of 13 holes with the best intersection of 2.1 oz/ton Au at 346'-350'.

During January and April 2000, ten holes totaling 5733 feet (1747.4m), were completed. Anomalous gold was intersected in three holes with the best intersection of .1oz/ton Au over 4'.

Holes 28 to 36 were drilled in 2001 with best values encountered from hole 35, which returned .554 oz/ton over 4 feet (570-574').

United Development International is quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.



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Contact:
United Development International
Mr. Robert Doherty, 250-319-3442
[e-mail]