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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

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Post by Goldshowboyon Jan 22, 2019 9:48am
71 Views
Post# 29263768

Twenty on Tuesday!

Twenty on Tuesday!Truly BIGTIME ASSAYS here!

  • 18-PC-126 was mineralized from top of bedrock to full depth, averaging 0.365% Cu, 0.015% Mo, 0.145g/t Au and 2.31 g/t Ag over 380.97 metres. The last 30.17 metres contained the strongest mineralization: 0.554% Cu, 0.027% Mo, 0.104g/t Au and 4.44 g/t Ag; indicating the historic IP conclusion of mineralization continuing to depth appears valid.
  • 18-PC-127 was mineralized from top of bedrock to full depth, averaging 0.421% Cu, 0.013% Mo, 0.105g/t Au and 2.63 g/t Ag over 264.86 metres, including a 27 metre interval averaging 0.643% Cu, 0.030% Mo, 0.146g/t Au and 2.62 g/t Ag.
  • 18-PC-127 intersected 0.330% Cu, 0.002 % Mo, 0.118 g/t Au and 3.46 g/t Ag over 151.10 metres between 122.8 metres and 273.9 metres
  • Mineralization consists of both dissemination pyrite and chalcopyrite and stockwork vein to veinlet pyrite, chalcopyrite and molybdenite.

The purpose of the 2018 program was to extend to depth and expand the known mineralization: 18-PC-126 extended PC-22 from 184.1 metres to 404.47 metres ending in mineralization; 18-PC-127 extended PC-24 from 214.6 metres to 270.36 metres ending in mineralization; 18-PC-127 extended PC-19 from 188.1 metres to 273.9 metres. These three widely spaced holes also provided material for future metallurgical sampling.

2018 Poplar Drill Intersections

HOLE-ID

Azimuth

Dip

m length

m from

m to

m interval

% Cu

% Mo

g/t Au

g/t Ag

18-PC-126

0

-90

404.47

23.5

404.47

380.97

0.365

0.015

0.10

2.31

23.5

132

108.5

0.366

0.015

0.11

2.88

132

264.2

132.2

0.364

0.014

0.11

2.35

264.2

374.3

110.1

0.328

0.012

0.08

1.22

374.3

404.47

30.17

0.554

0.027

0.15

4.44

18-PC-127

90

-60

270.36

5.5

270.36

264.86

0.421

0.013

0.10

2.63

5.5

24.4

18.9

0.278

0.011

0.06

0.67

24.40

78.00

53.60

0.552

0.025

0.14

1.73

51.00

78.00

27.00

0.643

0.030

0.15

2.62

78.00

171.00

93.00

0.403

0.019

0.10

3.63

171.00

270.36

99.36

0.380

0.001

0.09

2.53

18-PC-128

0

-90

422.76

5

422.76

417.76

0.197

0.001

0.07

3.03

5

122.8

117.80

0.139

0.002

0.04

1.86

122.80

273.90

151.10

0.330

0.002

0.12

3.46

122.8

202.9

80.10

0.281

0.002

0.10

3.18

202.9

273.9

71.00

0.373

0.001

0.13

3.73

273.90

422.76

148.86

0.113

0.000

0.04

3.53


18-PC-126 Mineralization

 

image: https://www.accesswire.com/users/newswire/images//01222019TAC.jpg

 

These results further indicate the potential to significantly expand the area of known mineralization at Poplar Property. Based on the assays above an aggressive and extensive drill programme will be designed to continue to expand the size of the known deposit. Tasca plans to both continue to drill laterally and to depth to increase the main deposit and to systematically test the satellite zones. A permit for further drilling is in place.



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