Upper Canyon Minerals Corp has started their drill 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, is about to commence. The recommended work program is to evaluate and confirm the potential of the known mineral deposits on the property, namely the Adelemont and the Norcourt zones containing historical resources of 277,503 tons grading 0.119 oz/t Au and 34,352 tons grading 0.124 oz/t Au respectively. These resource estimates by Mining Corp. of Canada in 1982 do not comply with NI 43-101. The objective of the 2010 work program is to obtain results to verify and possibly increase the historical resource estimate in accordance with NI43-101.
The program comprises diamond drilling of 4,000 metres, mostly on the Norcourt zone to investigate and close the in-fill gap on the Contact Zone, explore the down extension of the A Zone and a few additional holes on the Adelemont zone to reconcile the numerous mineralized intersections in the company's drilling program of 2008 to the reported historical data.
The company trades under UCM.V and more information can be found at their web site or by calling investor relations.
I noticed you used to have GBB on your watch list. Is there any reason as to why you removed it? Thanks,
ReplyDeleteChris
I am still watching it but I see some others with greater possibilities on the near term.
ReplyDelete