For thousands of other reports visit RSC's Mineral Intellingence Map
Urbana Corp.
Summary
| Project: | Urban Township | |
|---|---|---|
| Deposit: | Urban Township | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 5/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-5-2017: Urbana Corp. announces an Exploration/Drilling Update report for its Urban Township deposit at the Urban Township project. Drilling results incl. 1.23m @ 13g/t Au, 8160ppm Cu from 29.8m. Toronto, Ontario – Tuesday, May 9, 2017 – Urbana Corporat | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mathieu Stephens (Not stated) | |
| ABSTRACT: | Toronto, Ontario – Tuesday, May 9, 2017 – Urbana Corporation ("Urbana") (TSX and CSE: URB, URB.A) is pleased to report partial drill results from its winter program at the 100% owned Urban Township property, Quebec. Six of the twelve-hole drill program totaling 2,250 metres is included in this news release. The six drill holes included in this news release are located on the western portion of the property, west of the Macho river which runs through the property from north to south. This area west of the river has never been previously drilled even though the ground was suspected of being prospective for gold mineralization. Best results were from hole UU-17-10 which intersected and 13.0 g/t gold and 0.8% copper over 1.23 metres within a silicified and sheared breccia in basalts. This intersection represents a new discovery that warrants further work along strike and down plunge to determine potential mineralization extensions. The intersection is located close to surface, between 29.80 and 31.03 metres. Best drill results for each hole are presented in the table below. Drill results are pending for the six other holes drilled on the eastern portion of the property, including holes which targeted the potential extension of last year's discovery announced on June 6th, 2016, where hole UU-16-10 had intersected 19.85 g/t Au over 1.10 metres near surface. Best drill results for each hole are presented in the table below | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report