URSA Major Minerals Updates Exploration Plans for Its Ontario Nickel, Copper and PGM Project

URSA Major Minerals Incorporated (TSX:UMJ) provides an update on exploration plans for the Company’s nickel, copper and PGM projects in 2011 and provide results from the fourth quarter mining operations.

The press release is quoted as saying:

URSA Major Minerals’ President and CEO, Richard Sutcliffe, commented “Our main focus during the past two years has been to bring the Shakespeare Mine into profitable production. During the past year, we have demonstrated that consistent ore production and grades can be achieved at Shakespeare. We have now shifted our attention to expanding exploration activity in order to develop the resources at our Ontario properties with an immediate goal to increase the size of our Shakespeare deposit and assess the potential for underground production.

Click here to access the entire press release.