Underworld Releases Drill Results from White Gold Property

Underworld Resources has received additional results from the continuing drill program at the White Gold property, Yukon. To date, Underworld has completed 12,794 metres of drilling over 47 holes during the 2009 exploration program. At the Golden Saddle zone, 32 holes have been completed. Additionally, 10 holes completed at Arc zone, 4 holes completed at Minneapolis Ridge, and 1 hole completed at the Donahue zone.

Highlights of the recent assays from the Golden Saddle zone include:

WD09-51 — 39.0 metres averaging 3.71 grams per tonne gold;
WD09-52 — 38.0 metres averaging 3.92 grams per tonne gold;
WD09-54 — 63.0 metres averaging 2.47 grams per tonne gold;
WD09-55 — 61.5 metres averaging 2.19 grams per tonne gold.

Results continue to demonstrate excellent continuity of near-surface gold mineralization at the Golden Saddle zone. Mineralization remains open to expansion along strike to the northeast and at depth. Infill and step-out drilling is being completed on 50-metre intercept centres along strike and down-dip. Additionally, infill and step-out drilling is being completed on 100-metre intercept centres at the Arc zone, located 1,000 metres south of Golden Saddle. The objective of drilling at these two zones is to complete a NI 43-101-compliant resource estimate in the fourth quarter of this year or the first quarter of 2010. Additionally, new drill targets including Minneapolis Ridge, Donahue and South Donahue are being drill tested.

A third diamond drill rig with deeper depth capability has recently arrived on site, and is testing the Golden Saddle zone. It is anticipated that a total of 23,000 metres of core drilling in approximately 100 drill holes will be completed during 2009. A complete table of assay results from the 2009 White Gold drilling program, as well as cross-sections, and drill plan maps are available at the company’s website.

Intrusive-related gold mineralization at the Golden Saddle zone is preferentially hosted within metamorphosed felsic intrusive units, as well as felsic and mafic metavolcanic rocks. Gold mineralization is associated with quartz veins, stockwork and breccia zones, as well as pyrite veinlettes and disseminations. The alteration assemblage includes pervasive K-spar, carbonate, sericite and silicification. The main mineralized zone at Golden Saddle strikes to the northeast, with a gentle-to-moderate dip to the northwest.

In the recent drilling, drill holes WD09-51 to 55 have extended the Golden Saddle zone further down-dip to the north. WD09-56 has extended the zone further east on strike. WD09-48 and 49 intersected new, subparallel zones of alteration and mineralization further south of the main Golden Saddle zone.

Drill hole MC09-01 is the initial hole completed at the Minneapolis Creek target, located 2,500 metres west of Golden Saddle. Anomalous, near gold mineralization was encountered with metasedimentary rocks, similar in style to the Arc zone. Assays for three additional holes at Minneapolis Creek are currently pending.

Exploration work including mechanical trenching is continuing at the White Gold property with the objective of refining additional drill targets during the balance of the 2009 program.

Quality Assurance

Underworld has implemented a rigorous quality assurance and quality control program at the White Gold property using best industry practice. Elements of the program include: chain of custody of samples, insertion of standard and blank samples, and check assays. Drill core is sawn in half and shipped in sealed bags to ALS Chemex Laboratories in Vancouver, B.C. Check assays are completed by Acme Laboratories, Vancouver.

The continuing 2009 exploration program is directed by Adrian Fleming, president of Underworld Resources and a qualified person as defined by NI 43-101. Mr. Fleming prepared, and approves of the content of this release.

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