Suche
 
Folgen Sie uns auf:

Upper Canyon Minerals Update on Brosnor Gold

12.05.2012  |  The Newswire
New York, NY, May 11, 2012 /Resource Newswire/ - Upper Canyon Minerals Corp. ("UCM" or the "Company") (TSX VENTURE: UCM), has been featured in Mining Review Online, an online periodical that provides news, updates and industry insights on undervalued and high growth potential resource companies.

The full report on Upper Canyon can be found at: http://www.miningreview.net/upper-canyon-minerals-corp.

The Company has reported that the 2011-2012 field exploration/development program on the Company's Brosnor Property, comprised of 18 claims, totaling 922.8 hectares, located in the Louvicourt Township, approximately 30 kilometres east of the town of Val d'Or, in the province of Quebec, has commenced. The Brosnor property hosts gold bearing structures, striking east-west, in which quartz-pyrite-tourmaline veins, concentrated in more competent rock units carry gold values in various amounts.

Phase I - estimated at $600,000, Adelmont Zone - re-interpretation of all data to produce a mineralization model that will be checked by drilling. Norcourt Zone - drilling, to verify lateral and down depth opened extensions as indicated from last winter drilling compaign. Bermont Zones - considering the good results obtained from previous drilling campaigns, the Company is going to continue the definition of both the 166 and 161-162 zones.

Phase II - estimated at $550,000, Drilling of anomalies revealed by the IP surveys and additional drilling on the Adelemont, Norcourt and Bermont gold zones, including IP probing survey of drill holes and 3-D modeling of the mineralized zones.

Phase I and II will overlap and the estimated time to complete is 6 to 12 months. Concurrently to the above, permitting is in place for site preparation for the development of the underground workings.

The portal has been re-opened and the ramp has been partially de-watered, which has allowed for iron meshing under the portal entry.

TO VIEW IMAGES COPY URL BELOW INTO NEW BROWSER WINDOW
http://thenewswire.ca/client_files/2012-05-11-0.pdf

Surface drilling - 5 drill sites were prepared in the Norcourt zone. The drill was moved to the property before Christmas and the drilling commenced in January 2012. The Phase I drill program is 4,400 metres and is expected to be completed shortly. A Phase II drill program will follow.

TO VIEW MAP COPY URL BELOW INTO NEW BROWSER WINDOW
http://thenewswire.ca/client_files/2012-05-11-1.pdf

Upper Canyon is an opportunity to invest in a company with serious potential for gold production in the near term.

For the full editorial on Upper Canyon Minerals Corp., please go to:
http://www.miningreview.net/upper-canyon-minerals-corp.

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.



SOURCE: Resource Newswire

Editor@Resourcenewswire.net
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Savannah Minerals Corp.
Bergbau
A2QJS3
CA8050101051
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"