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GlobeNewswire EQNX::TICKER_START (TSX-V:UNV),(Frankfurt:3TA2), EQNX::TICKER_END Universal Copper Ltd. ("Universal Copper" or the "Company") (TSX Venture: UNV) (Frankfurt: 3TA2) is pleased to report drill results from the first three of five holes of the Spring 2022 diamond drilling program at the Company's flagship Poplar Copper Deposit ("Poplar"), located southwest of Houston, British Columbia (Table 1). All drill targets in the Poplar copper-gold exploration district are shallow and road accessible, within 88 km of rail infrastructure. Highlights: Hole 22-PC-137 - 0.535% copper equivalent (CuEq)- 0.353% copper, 0.14 g/t gold and 5.91 g/t silver over the last 216 metres of the hole, Clive Massey, Universal Copper's CEO, stated: "A second, significant open-ended, copper intercept in the bottom 216 metres of drill hole 137, one hundred and twenty-five metres NE of drill hole 135 further supports our new interpretation that the system is tilted and that the high-grade zone plunges eastward. Today's results represent the newest of four H1 2022 releases to-date reporting robust copper grades, as we continued to push the copper mineralization both outward and to depth from the known core mineralized zone. The strong mineralization in Hole 137 follows up on the January 18, 2022, January 25, 2022, and March 23, 2022 reported intersections. Universal Copper is focused on leveraging our new exploration model and building the Poplar Project into a premier deposit in a metal endowed, road/rail accessible emerging exploration district in a top-tier jurisdiction". |