Upper Canyon Minerals Corp. Announces Brosnor Gold Property exploration
posted on
Dec 16, 2011 12:39PM
The objective of the Company is to enhance its value via high mineralization resource properties with a goal of turning them into commercial production.
(via Thenewswire.ca)
Vancouver, B.C. - Upper Canyon Minerals Corp. ("UCM" or the "Company") (TSX VENTURE: UCM) is pleased to report that further to the news of November 23, 2011 on the 2011-2012 field exploration / development program on the Company's Brosnor Property, comprised of 18 claims, totaling 922.8 hectares, located in the Louvicourt Township, approximately 30 kilometres east of the town of Val d'Or, in the province of Quebec, is progressing. The Brosnor property hosts gold bearing structures, striking east-west, in which quartz-pyrite-tourmaline veins, concentrated in more competent rock units carry gold values in various amounts.
Surface infra-structure and the underground development program - the surface site preparation, including the decantation basins, clean up and surface levelling has been completed. The portal has been reopened and the ramp has been opened and dewatered for 2 metres, this has allowed for iron meshing under the portal entry. Photos are available on the company website www.uppercanyon.net.
Surface drilling - 5 drill sites have been prepared in the Norcourt zone. The drill will be moved to the property before Christmas and the drilling will commence approximately January 10, 2012. The Phase I drill program is 4,400 metres and is expected to be completed by March 31, 2012. A Phase II drill program will follow.
Tom Thomsen, President and CEO of Upper Canyon Minerals notes that: "UCM has an aggressive exploration / development program, I am pleased with the progress to date. Over the last 12 months, UCM has worked hard to advance and better define the Brosnor Gold Project. The work to date puts UCM in a position to complete a 5,000 tonne bulk sample as planned. The drill program will help further define UCM's bright future".
Jean-Louis Robert, Ph.D. Geol., is a qualified person by the standards of National Instrument 43-101, he is responsible for the contents in this news release.
About Upper Canyon Minerals Corp., a growth oriented mineral-exploration resource company trading on the TSX Venture Exchange (Symbol: UCM), whose mission is the discovery and development of high quality precious and base metal resources, with a goal of advancing them into commercial production. UCM's exploration work is currently focused on the 100% owned Brosnor Gold property located near Val d'Or, Abitibi, in Quebec, Canada, the property is comprised of 18 claims totaling 922.8 hectares. Previous work has confirmed 3 gold zones (Adelemont-Norcourt-Bermont), with open extensions. The Brosnor property has numerous advantages for further development : re-utilizing decline of 680 meters into Adelemont gold zone to 100 meters level, excellent infrastructure with hydro power, water readily available, and accessible by paved road.
For further information on Upper Canyon Minerals Corp., contact Tom Thomsen at (604) 628-1767, email: [email protected], or visit our website at www.uppercanyon.net.
BY ORDER OF THE BOARD
"Tom Thomsen"
Tom Thomsen
President and CEO
Upper Canyon Minerals Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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