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Metals & Mining Copper

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... see more

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Universal Copper Ltd > ntercepts 479.75 m of 0.56%CuEq From Surface at Poplar

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Post by Betteryear2 on Jan 18, 2022 8:55am

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.”

https://www.universalcopper.com/images/gallery/UNV_News_41.jpg

https://www.universalcopper.com/images/gallery/UNV_News_42.jpg

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