Uragold Acquires 100% Interest in 65 Mineral Claims Adjacent to Dios Rare Metals
Uragold Bay Resources Inc. (TSX VENTURE:UBR) reported that the company has signed an option agreement with a private vendor regarding the acquisition of 100% interest in three separate claim blocks representing sixty five (65) mineral claims situated in the James Bay area of the Province of Québec.
Uragold Bay Resources Inc. (TSX VENTURE:UBR) reported that the company has signed an option agreement with a private vendor regarding the acquisition of 100% interest in three separate claim blocks representing sixty five (65) mineral claims situated in the James Bay area of the Province of Québec.
The press release is quoted as saying:
All three claims blocks are adjacent to the joint Sirios Resources (TSX-V: SOI) and Dios Explorations (TSX-V: DOS) Pontax project. The area is part of a Greenstone Belt characterized by pegmatites found in mafic volcanic rocks. Recent drill results by the Sirios/Dios venture returned impressive results for the Rare Metals elements rubidium, beryllium, tantalum and lithium.