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
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.
The Company has awarded the drill contract to
All target areas are easily accessible by road. Readers are encouraged to visit the Company's website for more information on the targets that are to be drilled.
About UrbanGold
Forward Looking Information
This news release may contain certain forward-looking information and statements, including without limitation, the future drill program. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in UrbanGold's disclosure documents on the SEDAR website at www.sedar.com. UrbanGold does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Contact:
Tel: 416-742-5600
Email: mstephens@urbangoldminerals.com
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