Great News Today, we start drilling shortly!This is going to be awesome if the discovery at Kenorland continues on to out property. If it does, this will be beautiful!
2020-11-16 08:02 ET - News Release
Ottawa, Ontario--(Newsfile Corp. - November 16, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has secured a drill for its upcoming drilling program located approximately 400m south and on strike of the current extent of Kenorland Minerals Ltd. ("Kenorland") recent major gold discovery, which includes an intersection of 8.47 g/t Au over 29 metres located further north (Kenorland July 29, 2020 news release).
The minimum 2,000-metre drill program will focus on the northwest portion of the Regnault block which forms part of its 100%-owned Pallador property (the "Property") in the Frotet area. The Company has identified several targets consisting of coincident geochemical and geophysical anomalies and where several mineralized boulders of up to 102 g/t Au have been located thus far (UrbanGold September 2, 2020 news release).
The program will focus on several targets of interest, all located just south of the nearby Kenorland Discovery. The targets include coincident chargeability and geochemical anomalies in soil consisting of gold and known pathfinder elements.