if the exact place where the 2 biggest nuggets found in Canada was on ubr's propriety, this is the article that got me intersrested in them in the first place... If it's not on ubr 's propriety , it's was very close, in the gravel pit's of the gilbert river banks;
Btw.. ubr's up dated website on the propriety's gives out the enormous potential of this stock, to think that sd is still workinng on their web site...leaving investors waiting for 6 months...

Jun 03, 2010 11:40 ET
Uragold to Start Sampling and Trial Mining the Beauce Placer Gold Property
MONTREAL, QUEBEC--(Marketwire - June 3, 2010) - Uragold Bay Resources Inc. (Uragold) (TSX VENTURE:UBR), is pleased to announce the start of its sampling and trial mining phase of the Beauce Placer Gold tailings project near the town of Saint-Simon-les-Mines. The landowner (surface rights owner) has granted Uragold full access to the property for all exploration and mining activities.
The sampling program will be supervised by Mrs Jovette Marois eng., of the Centre de Technologie Minérale et de Plasturgie (CTMP) in Thetford Mines. A caterpillar-tracked excavator will cut trenches in the tailing mounds left over from the former Beauce Placer Gold mining operation of 1960 to 1961. 20 channel samples will be analyzed for gold at the CTMP by gravimetric methods. Knelson gravimetric tests will help identify the quantity of placer gold in the tailings. In addition to measuring the grade of gold, the placers must be classified according to size. Knowing the distribution of fine gold to coarse gold (nuggets) is important in the trial mining phase to evaluate recovery rates. The samples will also be sent for geochemical analysis for a complete measurement of gold and other elements.
The property is about 1 km long and 400 meters wide. The Gilbert River flows through the property parallel to the tailings. The tailings and three floatation ponds are flanked by hills built from the stripped sterile overburden. Forest has encroached up to the top of the hills and the whole mining area is segregated from the Gilbert River.
Beauce Placer Co. documented a reserve potential of 12,979,000 m3 at a grade of 0.256 g/m3 of gold or 107,045 oz of gold (Pre 43-101, Seber 1961 GM11010). It was reported that only 4,378 oz of gold was recovered by the company. Historical accounts point to the following reasons for the poor recovery rates of gold (Drouin 2002).
The Yuba dredge used by the Beauce Placer Company could not mine both fine gold and coarse gold at once. Therefore, they decided to mine the fine gold because its distribution was more consistent. As a result, any gold nugget was rejected by the sieve and thrown out with the tailings.
Two of the largest gold nuggets found in Canada came from the gravels of St-Simon-les-Mines, the Kilgour nugget at 52 ounces and the McDonald nugget at 45 ounces. Nugget distribution could be very erratic however; its contribution to total gold production could be significant.
The 800-ton dredge was inefficient at recovering the fine gold. It was difficult to calibrate the water and material flowing through the sluice. Much of the gold was washed out. Modern placer plants available today are very efficient at recovering gold of all sizes.
In the 1950s, violent strikes and unionization at the asbestos mines of southern Quebec was a turning point in the province history (Quiet Revolution, Asbestos Strike). Attempts to unionize the Beauce Placer miners led to labor conflicts. The dredge was repeatedly sabotaged and prone to breakdowns.
Uragold believes that a considerable amount of gold could be found in the tailings. If sampling results and trial mining efforts are positive, a low cost profitable placer mining operation could be put in operation. This could provide cash flow to the company and help contribute to the exploration of other projects with blue sky potential.
All information herewith presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.
Note: Mr Vivian Stuart-Williams, (SACNASP), a Director of the Company and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
Uragold is a top claims holder in Southern Quebec's Appalachian belt. The region is presently enjoying a major staking rush. Corporations having staked and worked significant land concessions in the areas over the last year include Golden Hopes Mines Ltd (TSX VENTURE: GNH), Bowmore Exploration/Osisko Mining Corp (TSX VENTURE: BOW)(TSX: OSK), Fancamp Exploration ltd (TSX VENTURE: FNC), Niogold Mining Corp (TSX VENTURE: NOX) and others. The area has a century-long mining history for chromites, asbestos and copper. The region was the site of Canada's first placer gold rush in the 1850s, decades before the Klondike, since then forgotten. Despite the many gold occurrences discovered in volcanic, intrusive and sedimentary rocks, no major bedrock sources were uncovered to account for the placer gold.
About Uragold Bay Resources Inc.
Uragold Bay Resources Inc. is a Canadian based junior resource and exploration company trading under the symbol UBR on the TSX Venture Exchange. The Company has 107,894,367 shares outstanding. The Company holds over 700 claims in the Appalachian Belt, 100% of the 314 km2 Uskawanis Uranium property located just south of the Opinaca reservoir and 100% of the Blue Lake Base Metal and Gold property situated close to Radisson in the James Bay region.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains certain "forward-looking statements," as identified in the Uragold Bay periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.