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Uragold’s Drill Program on the Beauce Placer Property Confirms the Presence of Gold
Uragold Bay Resources Inc. (CVE:UBR) reports it has successfully completed it’s sonic drill program on the Beauce Placer property, Quebec.
The press release is quoted as saying:
Preliminary treatment of a basal brownish unit shows the presence of gold, thus confirming the results of historical works.On the 1st of March, the company has completed 11 sonic drill holes for a total of 390 meters. All holes were successfully drilled through multiple glacial units, down to the bedrock. These provide undisturbed 10 cm diameters core of the various unconsolidated units and the underlying bedrock. Preliminary treatment of a basal orange-brown diamict in hole G65-S04 identified visible grains of gold.
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