Pancontinental Resources Corp (PUC)

[EnergyGuy62]

PANCON/CROSSLAND FURTHER EXPANDS NT, AUSTRALIA PROPERTY PACKAGE THROUGH JOINT VENTURE WITH WESTERN DESERT RESOURCES ? ? ? Vancouver, B.C., August 4, 2010. Pancontinental Uranium Corporation (TSX-V: PUC) ("Pancon") is pleased to advise that its joint venture partner Crossland Uranium Mines Limited ("Crossland") (ASX: CUX) has announced today a further expansion of the NT, Australia area covered by their key Charley Creek Uranium Project by entering into a joint venture with Western Desert Resources Ltd (WDR) on that company's Clough's Dam property, EL25657. ? The new Joint Venture follows Pancon/Crossland's announcement yesterday that they had acquired another neighboring uranium exploration area, Bloodwood-Highland Rocks, from Global Geoscience Ltd. ? The nearly 400 square kilometre area under the WDR Joint Venture, combined with recent EL acquisitions and applications, will take the total area covered by Pancon/Crossland's Charley Creek Project to over 4,590 square kilometres. ? Pancon and Crossland remain primarily focused on the uranium potential of the Charley Creek Project, where core drilling has recently commenced within their Cockroach Dam Prospect, and their strong commitment to the district means that additional areas can be explored cost effectively. In addition to uranium, Crossland's work in the Charley Creek Project area over several years has identified other areas of interest including potential for deposits such as nickel and platinoids associated with layered mafic intrusives, as well as rare earth elements (REE).?