BIG NEWS- UrbanGold Commences Drilling at Pallador-Regnault400 meters from the big hit at Kenorland....this is what we've been waiting for!!
2020-12-03 08:01 ET - News Release
Ottawa, Ontario--(Newsfile Corp. - December 3, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report the start of its drill program today on the Regnault block located immediately south and on strike of the current extent of Kenorland Minerals Ltd. ("Kenorland") recent major gold discovery, which includes an intersection of 8.47 g/t Au over 29 metres, located further north (Kenorland July 29, 2020 news release).
The minimum 2,000-metre drill program is focusing on the northwest portion of the Regnault block that forms part of its 100%-owned Pallador property (the "Property") in the Frotet area. Several high-priority targets are being drilled, all located just south of the nearby Kenorland discovery. The targets include coincident chargeability and geochemical anomalies in soil consisting of gold and known pathfinder elements. No prior drilling is recorded on this portion of the Property. The drill program is planned to be completed before the holidays and all samples will immediately be sent to the lab.