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TORONTO, March 16, 2026 (GLOBE NEWSWIRE) -- Urbana Corporation (“Urbana” or the “Corporation”) (TSX & CSE: URB; URB.A) is pleased to announce the commencement of a new diamond drilling program (the “2026 Drilling Program”) on its mining property, located in Urban Township, Qubec (the “Urban Township Project”), within one of Canada’s most active emerging gold camps following the C$2.16 billion acquisition of Osisko Mining by Gold Fields Limited in 2024.
In 2025 the Corporation conducted a drilling program (the “2025 Drilling Program”) that focused on the southern portion of the Project and consisted of 17 drill holes totaling 5,226 metres. The best intersection came from hole UU-25-12, which returned 4.2 g/t Au over 10.0 metres near surface.
The 2026 Drilling Program, which consists of 3,000 metres of drilling, will follow up on these results by testing potential extensions of the discovery while also evaluating additional targets across the property. A table summarizing the most significant results from the 2025 Drilling Program is provided below.
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