Ursa Major Minerals Incorporated
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2006 News Releases

December 20, 2006
URSA Major Minerals Incorporated signs agreement with Xstrata Nickel on processing of ore and concentrates from Shakespeare project, Sudbury area, Ontario

December 18, 2006
URSA Major Minerals Incorporated plans $1,000,000 flow-through private placement financing at $0.95 share with the MineralFields Group

December 8, 2006
URSA Major Minerals Incorporated announces new near-surface nickel results from trenching and drilling at the Shining Tree nickel-copper project, Sudbury area, Ontario

November 29, 2006
URSA Major Minerals Incorporated acquires nickel-copper property on Worthington Offset Dike, Sudbury area, Ontario

November 1, 2006
URSA Major Minerals Incorporated receives permits for gravel pit and initiates access road upgrades at Shakespeare nickel-copper project, Sudbury area, Ontario

October 26, 2006
URSA Major Minerals Incorporated submits permitting applications for Shakespeare nickel-copper mine and mill, Sudbury area, Ontario

October 16, 2006
URSA Major Minerals Incorporated drills nickel deposit and tests copper-zinc target at Shining Tree, Sudbury area, Ontario

September 12, 2006
URSA Major Minerals plans for 50,000 tonne bulk sample at Shakespeare Nickel-Copper Project, Sudbury area, Ontario

August 24, 2006
URSA Major Minerals Incorporated announces positive preliminary economic assessment on the Shining Tree nickel deposit, Sudbury area, Ontario

August 18, 2006
URSA Major Minerals Incorporated announces that North American Palladium Ltd. has terminated option agreements on the Shakespeare and Porter Baldwin properties, Sudbury area, Ontario

July 26, 2006
URSA Major Minerals Incorporated commences airborne EM survey at Shining Tree nickel project and resumes drilling on Shining Tree and Shakespeare projects, Sudbury area, Ontario

July 18, 2006
URSA Major Minerals Incorporated announces closing of $0.80 per share flow-through private placement financing totaling $1,000,000

May 10, 2006
URSA Major Minerals initiates evaluation of Shining tree nickel deposit and optimization studies at the Shakespeare nickel project, Sudbury area, Ontario

April 20, 2006
URSA Major Minerals and North American Palladium Ltd. complete option & joint venture agreement on Porter-Baldwin property, Sudbury area, Ontario

March 30, 2006
URSA Major Minerals appoints Chai Sung-keun to board of directors

February 27, 2006
URSA Major Minerals’ drilling at the past-producing Agnew Lake Uranium Mine, Ontario, confirms significant uranium values in two zones with associated rare earth element mineralization

February 2, 2006
URSA Major Minerals reports mineral resource estimate for the Shining Tree nickel-copper deposit, Sudbury area, Ontario

January 20, 2006
URSA Major Minerals completes positive full feasibility study for open pit nickel-copper mine and 4,500 t/d concentrator at Shakespeare Project, Sudbury area, Ontario

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