BRD Broadway Gold Mining Ltd

Editors Note: A photo is included with this press release.

Bluerock Resources Ltd. ("Bluerock" or the "Company") (TSX VENTURE:BRD)
announces it has initiated the shipment phase of stockpiled uranium ore(i) from
the J-Bird Uranium Mine, Montrose Country, Colorado to Denison Mines (USA) White
Mesa Mill under the Company's Milling Agreements (refer to April 17, 2008 press
release for details).


"Bluerock is excited to begin the shipment phase of the Company's uranium ore
production at the J-Bird Uranium Mine," said Bluerock President & CEO, Michael
Collins. "This is a very significant milestone in the development of the J-Bird
Mine and in the evolution of Bluerock from an exploration company to becoming
the newest uranium producer in the United States."


Mining, development, and exploration operations at the J-Bird Uranium Mine
continue to accelerate with the recent addition of a third mining crew and a new
underground construction crew. The uranium ore which is currently being shipped
represents mineralized seams intercepted during the development phase of work at
the mine, and the Company expects uranium ore production to increase as
development work approaches the #2 mineralized zone (which was drill defined in
2006 and 2007 by Bluerock and the previous operator, Rimrock Exploration and
Development Inc.).


The Company has also recently added equipment and personnel to the J-Bird
underground ore delineation drill program, and looks forward to the
re-initiation of the surface drilling, with the objective of expanding the known
mineralized zones.


(i) Ore, as stated in this news release, is defined as material that can be
mined and shipped to the White Mesa Uranium Mill under the Company's 'ore
purchase' agreement and/or toll milling agreement with the mill owner and
operator, Denison Mines (USA).


Bluerock Resources Ltd. is a uranium mining company focused on developing
tomorrow's energy today through the acquisition and development of conventional
uranium resources.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

FORWARD LOOKING INFORMATION DISCLAIMER

Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Ontario Securities Act
and the Alberta Securities Act, including statements concerning our plans at our
mineral projects, which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the
Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information.
Forward-looking information is subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those reflected in the
forward-looking information, including, without limitation, failure to establish
mineral resources; delays in obtaining or failure to obtain required
governmental, environmental or other project approvals; changes in national and
local government legislation or regulations regarding environmental factors,
royalties, taxation or foreign investment; political or economic instability;
terrorism; inflation; changes in currency exchange rates; fluctuations in
commodity prices; delays in the development of projects; shortage of personnel
with the requisite knowledge and skills to design and execute exploration
programs; difficulties in arranging contracts for drilling and other exploration
and development services; dependency on equity market financings to fund
programs and maintain and develop mineral properties; risks associated with
title to resource properties, particularly in Mongolia, and difficulties of
determining the validity of certain tenures and other risks and uncertainties,
including those described in each management discussion and analysis. In
addition, forward-looking information is based on various assumptions including,
without limitation, the expectations and beliefs of management; the assumed
long-term price of U3O8; the availability of permits and surface rights; access
to financing, equipment and labour and that the political environment within
Canada, the United States of America and Mongolia will continue to support the
development of environmentally safe uranium mining projects. Should one or more
of these risks and uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those described in
forward-looking statements. Accordingly, readers are advised not to place undue
reliance on forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to publicly update
or revise forward-looking information, whether as a result of new information,
future events or otherwise.


MULTIMEDIA AVAILABLE:
http://media3.marketwire.com/em/3455

Broadway Gold Mining (TSXV:BRD)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024

Broadway Gold Mining (TSXV:BRD)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024