Mr. George Glasier reports

WESTERN URANIUM & VANADIUM CORP. OPERATIONS UPDATES

Western Uranium & Vanadium Corp. has provided the following updates on the mill and mines.

The development of the company's new state-of-the-art mineral processing plant continues to progress well. The Utah mill site in the Green River industrial park has been upsized through the addition of adjacent land. This allows the future scale of operation to be increased beyond the initial planned annual production of two million pounds of uranium and six to eight million pounds of vanadium. Maverick Strategic Minerals Corp., a wholly owned subsidiary of Western, was formed as an operating entity for the purpose of developing, building, owning and operating the mineral processing facility. The selection process for engineering, environmental and permitting contractors remains continuing.

The results from the continuing project at the Sunday mine complex (SMC) continue to vastly exceed expectations. This began as a development project to drive a drift approximately 150 feet from the historical workings to the nearest surface exploration drill hole defining the GMG orebody. Subsequent to 30 feet of waste rock removal, high-grade uranium ore was continuously intersected. This caused the team to shift from development to mining and stockpiling of the ore. As previously reported, there was a postprocessing recovery value of $6-million accumulated in the uranium/vanadium stockpiles. Western's in-house mining team has continued to drive this drift and calculates less than 30 feet remaining before reaching the target ore hole. The GMG orebody is now ready for full-scale production.

The company's mining team has stated the GMG orebody is potentially the biggest (in terms of grade and quantity) that any of them have ever encountered in an underground uranium mine after decades of mining across the Southwestern United States. Pictures of the ore block face where two separate ore seams cross have been posted on Western's website. The photographs were taken shortly after blasting; the widespread uranium mineralization is prominently darker than its sandstone host and largely preceding oxidation into its distinguishing yellow coloration.

As a result of the encouraging results to date, Western is expanding its underground drilling capability with the purchase of a drill rated for a distance of over 2,500 feet. Underground drilling will explore areas of the SMC project site that were never drilled due to the mountainous terrain limiting surface exploration drilling.

About Western Uranium & Vanadium Corp.

Western Uranium is a Colorado-based uranium and vanadium conventional mining company focused on low cost near-term production of uranium and vanadium in the Western United States and development and application of kinetic separation.

We seek Safe Harbor.