Pancontinental Uranium Corporation: Charley Creek project update-potential for large alluvial REE deposits

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 16, 2011) – Pancontinental Uranium Corporation (TSX VENTURE:PUC) (“Pancon”) and its Joint Venture partner, Crossland Uranium Mines Limited (ASX:CUX) (“Crossland”), the operator, are pleased to update shareholders on progress on the Charley Creek REE project.