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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 Minitaton Aug 13, 2019 10:11am
106 Views
Post# 30021602

News - Drilling starting this week

News - Drilling starting this week

VANCOUVER, BC / ACCESSWIRE / August 13, 2019 / Universal Copper Ltd. ("Universal Copper" or the "Company") (TSX Venture: UNV) (Frankfurt: 3TA1) is pleased to announce a drilling contract for its 2019 drilling campaign with Apex Diamond Drilling Ltd. ( “Apex”) of Smithers, B.C. on its Poplar copper property located southwest of Houston, British Columbia.

A cash deposit was paid, and Apex will provide the drill crew and all drilling equipment necessary to perform the diamond drilling program on the Poplar Project. The purpose of this program will be to test the main Poplar copper to depth. Apex expects to mobilize and be on site mid-week with drilling to commence shortly thereafter. Apex will sink piping or to bore by linear meters 550 meters, in linear length at an angle no flatter than (- 45 to -90 degrees) from the horizontal. The core from the holes shall be approximately 47.6 millimetres & 63.5 millimetres respectively known as NQ & HQ in the trade, and that Apex shall place the core in accordance with normal industry practices and kept in boxes provided by the Company.

Clive Massey, Universal Copper’s CEO, stated: “The drill contract is the first step to what we we believe will be a successful drill campaign and we expect to generate similar results to the previous drill programs and publish new mineral resource estimates to bring the historical resources current.”


Read more at https://stockhouse.com/news/press-releases/2019/08/13/universal-copper-signs-drilling-contract-for-poplar#D3Ap9fbBBd7fmkkC.99
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