Business News

Upper Canyon Commences Drilling at Brosnor Property

2008-04-07 01:00:00

Upper Canyon Commences Drilling at Brosnor Property

VANCOUVER, BRITISH COLUMBIA–( EMWNews – April 7, 2008) – Upper Canyon Minerals Corp. (“Upper Canyon” or the “Company”) (TSX VENTURE:UCM) is pleased to announce that a 3,500 metre definition drilling program has commenced on its 100% owned Brosnor property located in Louvicourt township, approximately 30 kilometres east of the mining town of Val d’Or, Quebec.

The Brosnor property contains two gold zones, namely the Adelemont and the Norcourt, some 300 metres apart. The qualified person on the project, Jean-Louis Robert, has consolidated previous exploration data, and developed a definition drill program using a core size of NQ. All samples will be processed by Bourlamaque Assay Lab. in Val d’Or, Quebec. The 2008 exploration program estimated at $500,000 has been developed to evaluate and confirm the potential of known mineral deposits on the Brosnor property. The property also contains a zone, called Bermont, some 500 metres to the west of the Adelemont. This zone is at an early stage of exploration with restricted drilling after its discovery in 1964, however, drilling in spring of 2007 intersected good grades above 0.10 Au over 10 feet (3 meters). The gold bearing structures strike east-west and consist of quartz-carbonate with various amounts of pyrite and minor tourmaline.

The prime objective of the program is the definition drilling of the Adelemont ore zone and the testing of its south-west down depth extension. On the Bermont zone, 3 short holes (approximately 1,000 metres) will test mineralization accessible in winter time due to the swampy environment. A decline of approximately 670 metres long to a depth of 200 metres was completed in 1985-86 into the Adelemont body with a minimum cross-cutting and underground horizontal drilling. The company follow up step would be the rehabilitation of the underground workings upon satisfactory results of current drilling.

A resource calculation in 1982 by Mining Corp. of Canada, reported the first historical resource calculation, estimating 277,503 tons grading 0.119 oz/t Au (4.08 g/t) on the Adelemont deposit to a vertical depth of 200 metres and 34,352 tons grading 0.124oz/t Au (4.25 oz/t) on the Norcourt zone. These data are historical and prepared before the introduction of National Instrument 43-101- Standards of Disclosure for Mineral Projects (“NI 43-101”). They may not be relied upon until they are confirmed using methods and standards that comply with those required by NI 43-101. Investors are cautioned that a qualified person has not completed sufficient work to classify the historical estimates as a current mineral resource. Neither the Company nor its personnel treat this data as a current mineral resource as defined under NI 43-101. The current drilling aims at controlling and correlating previous results with the satisfactory controls required, in order to follow up with a resource calculation that will comply with and meet NI 43-101 standards.

An Induced Polarisation (IP) test will be undertaken on a few holes, testing the signal over the silicified mineralized zones. If affirmative, a surface IP survey could be carried out to assist in tracing the extensions of the mineralized zones and/or locate new zones within this heavily mineralized corridor.

Mr. Jack Bal, Director of Upper Canyon, commented: “This is an exciting drilling program and we look forward to keeping shareholders informed of the continued progress over the next few months.”

Upper Canyon Minerals Corp. is a growth oriented mineral-exploration resource company trading on the TSX Venture Exchange (Symbol: UCM). The objective of the Company is to enhance its value via high mineralization resource properties with a goal of advancing them into commercial production. The Company is currently exploring two properties: the Josefina Silver and Base Metals Project, located in the Huarochiri Province of Lima, Peru, which comprises 5600 hectares and includes the past producing Josefina Silver and Base Metals mineand the Brosner Gold property located near Val d’Or, Abitibi, in Quebec, Canada. The Brosnor property hosts gold bearing structures, striking east-west, in which quartz-pyrite-tourmaline veins, concentrated in more competent rock units carry gold values in various amounts. The most important structure identified to date hosts two main gold zones, namely the Adelemont and Norcourt zones.

ON BEHALF OF THE BOARD OF DIRECTORS

JATINDER (JACK) BAL, Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the contents herein.

For more information, please contact

Upper Canyon Minerals Corp.
Jack Bal
Director
(604) 633-2442 or Toll Free: 1-800-667-1442
Email: [email protected]
Website: www.uppercanyonminerals.com

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Blake Masterson

Freelance Writer, Journalist and Father of 5

Related Articles

Back to top button