ntercepts 479.75 m of 0.56%CuEq From Surface at Poplar VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Universal Copper Ltd. ("Universal Copper" or the "Company") (TSX Venture: UNV) (Frankfurt: 3TA2) is pleased to announce the first drilling results from its 2021 diamond drilling program at the Company’s flagship Poplar Copper Deposit (“Poplar”), located southwest of Houston, British Columbia.
Highlights:
- Hole 21-PC-133 – 479.75 metres at 0.56% copper equivalent (CuEq)– 0.408% copper, 0.013% molybdenum, 0.13 g/t gold and 2.89 g/t silver
- including 68.25 metres at 0.655% copper, 0.016% molybdenum, 0.17 g/t gold and 2.92 g/t silver
- Hole 21-PC-132 – 186.35 metres at 0.436% copper, 0.019% molybdenum, 0.10 g/t gold and 1.72 g/t silver
Clive Massey, Universal Copper’s CEO, stated: “We are very pleased by the recent drill success at Poplar, and we look forward to further expanding our high-grade copper-gold zones in 2022. Drill hole 21-PC-133 is an especially long intercept starting at surface with very robust grades (480 metres of 0.56% CuEq) on par with high-quality exploration/development stage projects elsewhere in North America. Similar to the recent Kodiak (MPD1) and (HudBay 2 ) discoveries, we are excited to be building copper resources from surface in a project with existing power, road, and rail access.”
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About Universal Copper
Universal Copper Ltd. is a Canadian-based copper exploration company focused on the acquisition and exploration of copper properties. The Company's management team has many years of experience in exploration, finance, and efficient public company management. Universal's current focus is on advancing the Poplar Copper Project, one of the most advanced pre-production copper projects in British Columbia with a historic 43-101 resource.
www.universalcopper.com
https://www.globenewswire.com/news-release/2022/01/18/2368486/0/en/Universal-Copper-Intercepts-479-75-m-of-0-56-CuEq-From-Surface-at-Poplar.html