Re: Drilling the Beauce Placer Property

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TrueCanuck

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Re: Drilling the Beauce Placer Property

in response to

Drilling the Beauce Placer Property

renaissance

posted on Mar 05, 2011 10:52AM

Renaissance,

This forum wants to thank you so much for your visit to the drilling site. These are great photos you took of the sonic drlll and crew! I know if I was close enough I would visit too.

You indicate that the drilling is now completed. As previously announced, Inlandsis Consultants will supervise and report on the drilling results. UBR should be poised for a news release soon on these drilling results.

Recapping the last update of February 2, 2011 from Uragold indicated the presence of abundant free gold in surface placers (even if spatially separated); the presence of gold in quart veins; and the presence of graphitic shales that are clearly strongly reductant leads Uragold to consider the possibility of a Sukhoi Log type gold deposit somewhere under the till cover. Uragold tends to follow this model using the database currently under construction and by doing geological structural modeling to try and identify likely mineralized zones. And, Patrick Levasseur, UBR President and COO stated: " I am confident that exploration work on the McDonald Property by Mr Stuart-Williams and his team will lead us to exciting new discoveries. Southwestern Quebec holds prolific gold showings yet has remained largely unexplored ".