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Universal Copper Ltd V.UNV

Universal Copper Ltd. is a Canada-based copper exploration company focused on the acquisition and exploration of copper properties. Its focus is on advancing the Poplar Copper Project, which covers over 61,566 hectares, located 35 kilometers (km) from the Huckleberry Mine and 42 km from Equity Silver Mine. It hosts an undiluted indicated mineral resource of 152.3 million tons grading 0.32 % copper, 0.009 % molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tons grading 0.29 % copper, 0.005 % molybdenum, 0.07 g/t gold and 4.95 g/t silver.


TSXV:UNV - Post by User

Post by knoxton Mar 23, 2022 11:09am
66 Views
Post# 34537711

Up date on news

Up date on news
Universal Copper Reports Additional Results from Poplar Copper Deposit in Houston, British Columbia; Surges 13.3%

 

23 Mar 202209:37 ET  

 

09:37 AM EDT, 03/23/2022 (MT Newswires) -- Universal Copper Ltd. (UNV.V) on Wednesday highlighted additional drill results from the 2021 diamond drilling program at the flagship Poplar Copper Deposit in the southwest of Houston, British Columbia

The company's shares, which fell 6.3% in Canada yesterday, surged 13.3% on last look on Wednesday. The company's shares plunged 11.3% in early Frankfurt trading on Wednesday.

The highlights included 0.37% copper equivalent-0.288% copper, 0.09 grams per ton of gold, and 4.16 grams per ton of silver, including 78 meters at 0.55% copper equivalent - 0.391% copper, 0.13 grams per ton of gold, and 12.01 grams per ton of silver.

This includes the bottom 129 meters at 0.685% copper equivalent - 0.546% copper, 0.15 grams per ton of gold, and 6.94 grams per ton of silver.

The company also reported 0.430% copper, 0.17 grams per ton of gold, and 3.81 grams per ton of silver, and the second interval of 24 meters at 0.68% copper equivalent - 0.514% copper, 0.19 grams per ton of gold, and 6.86 grams per ton of silver.


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