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    URSA Major Minerals Drills 23.7 Meters of 0.55% Nickel and 0.36% Copper From Shakespeare East Nickel Deposit

    Investing News Network
    Jul. 20, 2011 07:35AM PST
    Base Metals Investing

    URSA Major Minerals Incorporated (TSE:UMJ) reports new results from drilling down-plunge from the Shakespeare East Nickel deposit.

    URSA Major Minerals Incorporated (TSX:UMJ) reports new results from drilling down-plunge from the Shakespeare East Nickel deposit.

    The press release is quoted as saying,

    Drill holes U3-118 to 122 were drilled northeast of the planned Shakespeare East pit and intersected significant widths of mineralization. A highlight of the program is hole U3-122 that intersected 5.19 metres grading 0.81% nickel, 0.48% copper, 0.03% cobalt and 1.20 g/t precious metalswhich is one of the highest grade intersections reported to date at Shakespeare. The higher-grade intersection in drill hole U3-122 is located in a wider 23.67 metre interval grading 0.55% nickel, 0.36% copper, 0.02% cobalt and 0.92 g/t precious metals.

    For the complete press release, click here.

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