About UCM's Brosnor Gold Project
posted on
Aug 24, 2011 04:31PM
The objective of the Company is to enhance its value via high mineralization resource properties with a goal of turning them into commercial production.
BROSNOR GOLD PROJECT
Brosnor Project contains two historical drill indicated High garde gold zones - Adelemont zone: 277,503 @ 0.119 oz/t Au (4.08g/t)to a vertical depth 350 feet - Norcourt zone: 34,352 t @0.124 oz/t Au (4.25g/t) Upper Canyons consists of 18 claims covering 923 hectares, it is located 30 km east of the town of Val D ʼ
Or in the province of Quebec. The project is accessible by paved road and boasts excellent infrastructure with power and water readily available. Brosnor lies within the archean Abitibi volcano – Sedimentary Belt, Superior Province. On July 29, 2008 Upper Canyon reported a set of results from a 3,678 meter drill program on the Brosnor. Which included important intersections from the Adelemont and Norcourt zones. However the most interesting was a new rich zone discovered the Bermont grading as high as 30.93/1.6m at a shallow depth of 25.7.
The mineral deposit model of the property, linked to shear zones cutting across fractured competent volcanic/diorite at contact with ultramafic rocks is alike to the KerrAddison (Larder Lake) or Astoria (Rouyn-Noranda) ore deposit. In conclusion the Brosnor project presents favorable criteria such as 1) Confirmed gold zones with a clear opened extensions; 2) easy access to all the Val D ʼ
Or infrastructures; 3) a re-utilizing decline for further development in the Adelemont zone.
High Grade Shear Zone System, Gold Deposit – Heads to Underground Development Upper Canyon Minerals Corp. Share Structure: Outstanding: 59,827,286 #
Warrants: 33,921,818 @10 #
Options: 4,325,000 @.10 275,000 @ .30 # Fully Diluted 98,349,104 #
Contact: 808 Nelson Street, Suite 407, Vancouver, British Columbia, Canada
Tel: 604-628-1767 Fax: 604-633-2462 www.uppercanyonminerals.com
©Upper Canyon Minerals is a junior mining exploration company listed on the Toronto Venture Exchange under the symbol UCM. The objective of the Company is to enhance its value via high mineralization resource properties with a goal of turning them into commercial production.