Ursa Major Minerals Incorporated
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2005 News Releases

December 20, 2005
URSA Major Minerals announces normal course issuer bid

December 12, 2005
URSA Major Minerals forms strategic alliance with Korea Resources Corporation and announces $2.325 million private placement at $0.75 per share

December 6, 2005
URSA Major Minerals reports high-grade nickel intersections at the Shining Tree Deposit, north of Sudbury, Ontario.

November 7, 2005
URSA Major Minerals to drill past-producing Agnew Lake Uranium Mine, Sudbury area, Ontario

October 6, 2005
URSA Major Minerals initiates drilling at Shining Tree nickel project, Sudbury area and receives $1.5 million option payment on Shakespeare deposit, Ontario.

September 30, 2005
Shareholders of URSA Major Minerals approve option and joint venture agreement with North American Palladium Ltd.

September 22, 2005
ISS Canada Recommends Shareholders Vote “For” URSA Major Minerals’ Proposed Option and Joint Venture Agreement With North American Palladium Ltd.-Lac des Iles Mines Ltd.

September 20, 2005
URSA Major Minerals urges shareholders to vote in favour of proposed option and joint venture agreement with North American Palladium Ltd.

September 12, 2005
URSA Major Minerals expands feasibility studies at Shakespeare nickel, copper, platinum metal deposit, Sudbury area, to evaluate 4,500 tonne/day on-site concentrator

August 24, 2005
URSA Major Minerals announces acquisition of Shining Tree nickel property, north of Sudbury, Ontario

July 26, 2005
URSA Major Minerals’ announces additional results from feasibility drilling including thickest intersection to date at Shakespeare nickel, copper, platinum group metal deposit, Sudbury area, Ontario

July 21, 2005
URSA Major Minerals and North American Palladium sign option/joint venture agreement on Shakespeare nickel-copper-platinum metal deposit, Sudbury area, Ontario and proceed to full feasibility studies on open pit mine with 4,000 tpd concentrator

July 11, 2005
URSA Major Minerals announces positive results from feasibility drilling at Shakespeare nickel, copper, platinum group metal deposit, Sudbury area, Ontario

June 2, 2005
URSA Major Minerals resumes drilling at Shakespeare nickel, copper platinum metal deposit, Sudbury area, Ontario

May 25, 2005
URSA Major Minerals and North American Palladium announce option/joint venture on Shakespeare nickel-copper-platinum metal deposit, Sudbury area, Ontario

May 16, 2005
URSA Major Minerals develops exploration program at past-producing Agnew Lake Uranium Mine, Sudbury area, Ontario

March 2, 2005
URSA Major Minerals announces appointment of new investor relations representative and granting of stock options

February 28, 2005
URSA Major Minerals initiates bankable feasibility study at Shakespeare nickelcopper- precious metal deposit , Sudbury mining division, Ontario

February 15, 2005
URSA Major Minerals initiates environmental studies for full feasibility program and permitting of bulk sample at Shakespeare nickel-copper-precious metal deposit, Sudbury mining division, Ontario

February 3, 2005
URSA Major Minerals provides exploration update on Agnew property, Sudbury mining division, Ontario

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