PANCONTINENTAL URANIUM CORPORATION

Pancontinental Uranium Corporation and Crossland Uranium Mines Ltd., the operator, update on progress with exploration on their Chilling and Charley Creek Projects in the Northern Territory, Australia. The program of air core drilling, announced October 1, 2009, has been completed at the Buchanan Window at Chilling. At the Cockroach Dam Prospect, Charley Creek Project, follow-up of the radiometric anomalies with rock chip sampling has produced strongly anomalous results, with a maximum value of 4,550ppmU, and an arithmetic average of all 186 outcrop samples collected to date at Cockroach Dam of 373ppmU or 439ppm U3O8. A diamond drill is currently operating at March Fly, at the northern end of the Chilling Project, and an intensive field program is under way in the MEMA/Fletchers Gully area of the Chilling Project to prepare the area for 2010 exploration ahead of the pending onset of the wet season.