URSA Major Minerals’ Exploration Drilling Continues to Expand Shakespeare Nickel Deposit

URSA Major Minerals Incorporated (TSX:UMJ) reports that exploration drilling has found more nickel-copper mineralization at the Shakespeare deposit.

The press release is quoted as saying,

Holes U3-116 and U3-119 both intersected the main part of the Shakespeare deposit and had long intersections of nickel-copper sulphide mineralization with a higher grade zone enriched in copper and platinum group metals (PGM) toward the base of the intersection. U3-116 intersected 9.0 meters grading 0.38% nickel, 0.53% copper and 1.2 g/t PGM plus gold. U3-119 intersected 6.0 meters grading 0.40 nickel, 0.58% copper and 1.3 g/t PGM plus gold.

URSA Major’s CEO is quoted as saying,

These drill results are encouraging because the intersections continue to expand the strike length and down dip extent of the mineralization at the Shakespeare deposit.

For the complete press release, click here.