MONTEVIDEO, URUGUAY, November 9 /CNW/ - Pablo Ferrari, Chief Financial Officer of Uruguay Mineral Exploration Inc. (the "Company") (TSX VENTURE:UME)(LSE:UGY) has resigned from his position with effect from 15th November, 2007 in order to pursue other interests.
The Company's CEO, David Fowler, commented: "I would like to thank Pablo for his contribution to the Company during the past year, and wish him all the best in his future endeavours."
David Fowler will act as interim CFO until a suitable replacement has been appointed.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Editors' note: Uruguay Mineral Exploration Inc. is a gold producer and exploration company focused on identifying and developing mineral opportunities in Uruguay. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in Uruguay (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects.
Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) and RBC Capital Markets is its Nominated Adviser and Broker.