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Energy Industry News Releases Featured Stock: (OTC BB: BCFT) Bancroft Uranium Inc

(EMAILWIRE.COM, May 29, 2008 ) Scottsdale AZ -- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today is pleased to announce the first drilling results from the Spring 2008 surface drill program being conducted at the Monmouth Uranium Project, near Bancroft Ontario. Noteworthy assay results from the first 13 holes are outlined below.

The 2008 Exploration Phase 1 drill program commenced on February 25th and was designed to focus on areas in and around the historical drill results from the 1969 program bringing it into modern N.I. Policy 43-101 compliance, a recognized world mining standard. The drilling is also designed to extend the known strike length of the skarn which hosts the uranium mineralization with the aim of expanding the current estimated 1,800,000 lbs U3O8 potential at Monmouth.

Initial drill assays and intervals are from holes drilled from the most southwesterly exposure of the host rock skarn (altered limestone) and are spaced approximately 100 feet apart. Significant results are as follows. Assays are noted as lb representing lbs/ton U3O8 over feet:

08-1 0.803 lb/12.5’ from 55.3 to 67.8 feet in skarn, 0.344 lb/30.5’from 182.1 to 212.6 feet in pegmatite and 0.805 lb/13.8’ from 276.2 to 290.0 feet in skarn including 1.02 lb/9.3’ from 280.7-290.0 feet. Visible uraninite was noted
08-5 0.139 lb/34.8’ from 235.6 to 270.4 feet in pegmatite
08-6 0.466 lb/10.0’ from 16.0 to 26.0 feet in pegmatite
08-7 0.291 lb/7.9’ from 44.0 to 51.9 feet in skarn with visible uraninite
08-8 0.540 lb/60.6’ from 15.0 to 75.6 feet in skarn
08-9 0.596 lb/51.9’ from 31.0 to 82.9 feet including 0.315 lb/14.9’ from 31.0 to 45.9 feet and 0.923 lb/24.5’ from 51.0 to 82.9 feet with visible uraninite, molybdenum
08-10 0.740 lb/52.2’ from 12.8 to 65.0 feet including: 0.915 lb/32.0’ from 12.8 to 44.8 feet and 0.616 lb/15.0’ from 50.0 to 65.0 feet in skarn with visible uraninite
08-12 0.513 lb/49.9’ from 6.3 to 56.2 feet in skarn with visible uraninite noted
08-13A 0.332 lb/25.1’from 9.3 to 34.4 feet with visible uraninite noted

The above holes represent testing across the initial 300 feet of historical strike length which totals 1,500 feet. Early results have verified the location, thickness and flat lying geometry of the uranium bearing skarn system intersected in the historical drilling. U3O8 assays have been returned from both uraninite bearing bright orange-colored calcite alteration in the skarn and from several pegmatite bodies in and adjacent to the skarn package. Initial assay results from the skarn rocks appear to validate the historical data. As drill holes progress through the central portion of the deposit, the historical intersected thicknesses of the uranium bearing skarn appears to increase as do grades based on limited assay data. Initial assays returned from the pegmatitic rocks are better than expected based on the historical work.

The geological modeling of the deposit is now coming into focus with the alteration zone rock package dipping at a fairly consistent 25-30 degrees, amenable to a potential open pit scenario.

All of Bancroft Uranium’s exploration programs are designed and supervised by Qualified Persons (“QP”) under the N.I. Policy 43-101, who ensure that programs are carried out using current industry “Best Practices”. The spring 2008 drilling program was supervised by Murray McGill P.Geo (QP). The NQ size core was logged by Mr. McGill and split on-site. Half core samples were analyzed using standard Delayed Neutron Counting (DNC) methods by Activation Laboratories in Ancaster, Ontario. Activation Laboratories employs rigorous in-house QA/QC procedures in the DNC process.

Bancroft will release a second series of drill results shortly.

For inquiries from the public and media concerning the Monmouth Uranium Project please contact Greenspirit Strategies at 1-877-54 GREEN or 1-877-544-7336. For shareholder and investor information please contact investor relations at 1-866-860-2995

Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft’s initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our uranium properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Bancroft Uranium Inc.
- - - - - - - - - - - - - - - - - -
P. L. Hammond, C.A.
President and Chief Executive Officer

To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at

Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995

Source: Bancroft Uranium Inc.

For an in-depth analyst report, please visit:

Cubic Energy, Inc.
Current Price (2.40)
DALLAS, May 28, 2008 -- Cubic Energy, Inc. (OTC BB:QBIK.OB - News) (``Cubic'' or the ``Company'') announces today that the Company's President & CEO, Calvin Wallen III, will present at the RedChip Small-Cap Investor Conference in San Francisco, California at The Palace Hotel on Thursday, June 5, 2008. The Scotia Group, Inc. is an independent reservoir consulting firm with offices in Dallas and Houston, Texas. The company, its officers and employees have no financial interest in Cubic Energy, Inc. The preliminary net pay results expressed in this press release are based on interpretative evaluations of wire line logs. The actual production results are subject to a wide range of uncertainties including fracture stimulation and well completion activities. All opinions expressed herein are made pursuant to the Safe Harbor Provisions stated below.

HLS Systems International, Ltd.
Current Price (6.65)
BEIJING--May 28-HLS Systems International, Ltd. (OTCBB: HLSYF - News) (“HLS”), today announced that it will issue financial results for its fiscal 2008 second quarter ended December 31, 2007 after the close of the stock market on May 29, 2008. Management will discuss the current status of the Company’s operations the following morning during a conference call at 9:00 AM ET on May 30, 2008. HLS has become one of the leading automation systems providers in the PRC, developing a number of core technologies and completing over 4700 projects utilizing a wide array of automation products. The Company specializes in the research, development, production, sale and distribution of industrial automation and control systems, competing effectively with both domestic Chinese companies and large, multinational participants in the industrial, rail and nuclear power sectors.

AmeriChip International Inc.
Current Price (0.01)
CLINTON TOWNSHIP, Mich., May 28, 2008 -- AmeriChip International, Inc. (OTC BB:ACII.OB - News) announced today the appointment of Kenneth W. Mann as President, Chief Executive Officer and member of the Board of Directors.Kenneth W. Mann has over 20 years of senior management experience and has managed over 400 employees with operating budgets in excess of $220 million. The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.

USTelematics, Inc.
Current Price (0.23)
CHICAGO--May 28-USTelematics, Inc. (OTC:UTLM), creating proprietary technology and market-disruptive products at the forefront of the connected-car revolution, today announce the online availability of an informational podcast from fee-based SmallcapInsights detailing the Company’s revenue opportunities following the release of its 4VDO service. US Telematics, Inc. (“USTelematics” or the “Company”) is engaged in the development and commercialization of next-generation, proprietary technologies to revolutionize the “wired car,” delivering high speed data and entertainment content to private and commercial vehicles. The Company is addressing high-growth opportunities in the projected $58 billion global telematics marketplace with proprietary technologies that enable a full range of voice-driven handheld and automotive mobile communications, full internet connectivity and rich infotainment options. With products that provide a full range of next-generation rear seat infotainment, USTelematics is offering an advance over the old DVD-only systems that still represent the current standard in the rear seat entertainment industry.

Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), is owned and operated by Iron Consulting. Iron Consulting has receive fifty thousand dollars from Equity Alliance Intl. for one month of internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements ar e made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.


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