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Upper Canyon Minerals Corp. Announces Brosnor Gold Property / Assay Drill Results

08.06.2011  |  The Newswire
Jun 8th, 2011 Copyright (c) 2011 Thenewswire.ca - All rights reserved.


(via Thenewswire.ca)


Vancouver, B.C. - Upper Canyon Minerals Corp. ("UCM" or the "Company") (TSX VENTURE: UCM) is pleased to report with a summary of assay results from the drilling program completed this spring on the Company's Brosnor Property located in Louvicourt Township, 30 kilometers east of the town of Val d'Or, in the province of Quebec.


MRB & Associates of Val d'Or, supervised the drilling. Assay results from this drilling are in the table below. Except for the QFP, the mineralization is associated to quart-carbonate impregnation along sub-vertical fractures in the volcanics.


The Norcourt Zone:


It contains two zones, namely the A-Zone hosted in the volcanics (MV) and the QFP.


The A-Zone was traced eastward systematically for 130 meters between Hole 11-23 (the most westerly) to Hole 11-28. Widths range from 3.7 m (Hole 11-25, at 1.12 g/t) to 12.8 meters (Hole 11-26, at 1.43 g/t) containing individual higher values of 6.35 g/t/1m (Hole 11-23), 4.08 g/t/ 1.0m ( Hole 11-25), 3.47 g/t /1,10m and 5,57 g/t / 1.0m ( Hole 11-26). Hole 11-23 intersected 2.73 g/t / 4.0m. This section of the A- Zone contains a narrower upper band containing values up to 6.84 g/t /1.20m (Hole 11-25 at 167.10m). The A-Zone was traced 130 meters further east (Hole 11-22) with values of 6.66 g/t / 1.60m and 8.51 g/t / 0.80m. The two intermediate Holes 11-29 and 11-30 ran into an open fault before reaching the zone and had to be abandoned.


The QFP: This marker zone at the contact of the volcanics and the ultra-mafic, has proved to be the same unit offset by cross faulting, down depth at vertical levels of 200 and 275 meters. The core length of the dyke ranges from 8.2 to 16.3m (Hole 11-28) and traced continuously for 75 meters between Holes 11-23 to 11-28. Holes 11-25 and 11-26, 25m apart returned 1.61 g/t /8.20m and 8.12 g/t /4.80m respectively and including high values of 22.90g/t/1.20m and 8.61 g/t /0.80m in Hole 11-26 The mineralization in the QFP is confined to the altered, bleached and fractured portions of the QFP.


Holes 11-24 and 11-21 did not intersect the QFP at deeper depth (between 300 to 325m vertical), neither in Hole 11-22 at shallower depth of 175m. Faulting could have displaced the QFP.



---------------------------------------------------------------------
|Hole |From (m)|To (m) |Interval|Results |Intersection|Hosting|
| | | |(m) |(Au-g/t)|(g/t/m) | |
|-------------------------------------------------------------------|
|BN11-21|No significant results |  |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-23|135.5 |135.90|0.4 |1.36 |1.36 / 0.40 |MV |
| |---------------------------------------------------| |
| |138.6 |138.6 |0.60 |2.61 |2.61 / 0.60 | |
| |---------------------------------------------------| |
| |140.40 |141.40|1.00 |1.26 |1.26 /1.00 | |
| |---------------------------------------------------| |
| |147.8 |148.50|0.70 |2.57 |2.57 / 0.70 | |
| |---------------------------------------------------| |
| |150.00 |150.80|0.80 |1.34 |1.34 / 0.80 | |
| |---------------------------------------------------| |
| |183.20 |184.30|1.10 |0.87 |2.73 / 4.00 | |
| |--------------------------------------| |
| |184.30 |185.20|0.90 |0.80 | |
| |--------------------------------------| |
| |185.20 |186.20|1.00 |2.88 | |
| |--------------------------------------| |
| |186.20 |187.20|1.00 |6.35 | |
| |-----------------------------------------------------------|
| |No significant values in QFP |  |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-24|254.50 |255.50|1.00 |1.47 |1.16 / 2.00 |MV |
| |--------------------------------------| |
| |255.50 |256.50|1.00 |0.84 | |
| |---------------------------------------------------| |
| |261 |261.80|0.80 |1.24 |0.98 / 2.00 | |
| |--------------------------------------| |
| |261.80 |263.00|1.20 |0.81 | |
| |---------------------------------------------------| |
| |266.00 |267.00|1.00 |1.37 |1.14 / | |
| | | | | |10.50 | |
| |--------------------------------------| |
| |267.00 |268.00|1.00 |0.14 | |
| |--------------------------------------| |
| |268.00 |269.00|1.00 |2.51 | |
| |--------------------------------------| |
| |269.00 |270.00|1.00 |0.53 | |
| |--------------------------------------| |
| |270.00 |271.00|1.00 |1.48 | |
| |--------------------------------------| |
| |271.00 |272.00|1.00 |0.49 | |
| |--------------------------------------| |
| |272.00 |272.60|0.60 |1.44 | |
| |--------------------------------------| |
| |272.60 |273.50|0.90 |0.93 | |
| |--------------------------------------| |
| |273.50 |275.00|1.50 |0.11 | |
| |--------------------------------------| |
| |275.00 |276.00|1.00 |2.40 | |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-25|164.00 |164.50|0.50 |4.16 |4.16 / 0.50 |MV |
| |---------------------------------------------------| |
| |167.10 |168.30|1.20 |6.84 |6.84 / 1.20 | |
| |-----------------------------------------------------------|
| |209.30 |210.80|1.50 |1.13 |1.12 / 3.7 |MV |
| |--------------------------------------| |
| |210.80 |211.80|1.00 |1.83 | |
| |--------------------------------------| |
| |211.80 |213.00|1.20 |0.52 | |
| |-----------------------------------------------------------|
| |299.00 |300.00|1.00 |4.08 |1.61 / 8.20 |QFP |
| |--------------------------------------| |
| |300.00 |301.00|1.00 |0.67 | |
| |--------------------------------------| |
| |301.00 |302.00|1.00 |2.44 | |
| |--------------------------------------| |
| |302.00 |303.00|1.00 |1.06 | |
| |--------------------------------------| |
| |303.00 |304.00|1.00 |1.61 | |
| |--------------------------------------| |
| |304.00 |305.00|1.00 |0.35 | |
| |--------------------------------------| |
| |305.00 |306.00|1.00 |1.74 | |
| |--------------------------------------| |
| |306.00 |307.20|1.20 |1.02 | |
|-------------------------------------------------------------------|
|BN11-26|199.90 |200.90|1.00 |1.81 |1.81 / 1.00 |MV |
| |---------------------------------------------------| |
| |210.20 |210.90|0.70 |0.40 |1.43 / | |
| | | | | |12.80 | |
| |--------------------------------------| |
| |210.90 |212.00|1.10 |3.47 | |
| |--------------------------------------| |
| |212.00 |213.00|1.00 |0.81 | |
| |--------------------------------------| |
| |213.00 |214.00|1.00 |0.02 | |
| |--------------------------------------| |
| |214.00 |215.00|1.00 |5.57 | |
| |--------------------------------------| |
| |215.00 |216.00|1.00 |0.58 | |
| |--------------------------------------| |
| |216.00 |217.00|1.00 |0.96 | |
| |--------------------------------------| |
| |217.00 |218.00|1.00 |0.51 | |
| |--------------------------------------| |
| |218.00 |219.00|1.00 |1.10 | |
| |--------------------------------------| |
| |219.00 |219.80|0.80 |1.75 | |
| |--------------------------------------| |
| |219.80 |221.00|1.20 |0.42 | |
| |--------------------------------------| |
| |221.00 |222.00|1.00 |1.57 | |
| |--------------------------------------| |
| |222.00 |223.00|1.00 |1.20 | |
| |-----------------------------------------------------------|
| |303.40 |304.40|1.00 |0.27 |8.12 / 4.80 |QFP |
| |--------------------------------------| |
| |304.40 |305.20|0.80 |8.61 | |
| |--------------------------------------| |
| |305.20 |305.90|0.70 |1.18 | |
| |--------------------------------------| |
| |305.90 |307.00|1.10 |3.19 | |
| |--------------------------------------| |
| |307.00 |308.20|1.20 |22.90 | |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-27|184.00 |184.80|0.80 |1.39 |1.39 / 0.80 |MV |
| |---------------------------------------------------| |
| |192.00 |193.0 |1.00 |1.48 |1.48 / 1.00 | |
| |---------------------------------------------------| |
| |198.80 |199.50|0.70 |1.95 |1.95 / 0.70 | |
| |-----------------------------------------------------------|
| |No significant values in QFP |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-28|166.20 |167.00|0.80 |2.00 |2.00 / 0.80 |MV |
| |---------------------------------------------------| |
| |170.30 |171.00|0.70 |1.76 |1.76 / 0.70 | |
| |-----------------------------------------------------------|
| |No significant values in QFP |
|-------------------------------------------------------------------|
|  |  |  |  |  |  |  |
|-------------------------------------------------------------------|
|BN11-22|158.00 |159.00|1.00 |0.46 |1.17 / 3.40 |MV |
| |--------------------------------------| |
| |159.00 |160.00|1.00 |3.01 | |
| |--------------------------------------| |
| |160.00 |160.80|0.80 |0.16 | |
| |--------------------------------------| |
| |160.80 |161.40|0.60 |0.64 | |
| |---------------------------------------------------| |
| |165.00 |165.80|0.80 |0.21 |6.66 / 1.60 | |
| |--------------------------------------| |
| |165.80 |166.60|0.80 |13.10 | |
| |---------------------------------------------------| |
| |176.20 |177.00|080 |8.51 |8.51 / 0.80 | |
---------------------------------------------------------------------


The Bermont Zone: All four Holes (31 to 34 traced the mineralization of the company's previous test holes in 2008. Holes 31, 32 and 33 intersected up to 4 mineralized bands within 75 meters core length. The individual length range from 1.40m up to 7.0m, the highest one averaging 4.02g/t/2.80m (Hole 11-33). Hole 11-34 collared on same set-up of 11-31, at -70°, reveals the continuation and enlarging of the mineralization in distinct bands to a depth of 116.0m., the best one grading 2.86g/t /4.0m. The highest individual value is 21.90 g/t /0.60m in Hole 11-32.



--------------------------------------------------------------------
|Hole |From (m)|To (m)|Interval (m)|Results (Au-g/t)|Intersection|
| | | | | |(g/t |
| | | | | |/ m) |
|------------------------------------------------------------------|
|BN11-31|25.50 |27.00 |1.50 |0.21 |1.02 / 3.6 |
| |---------------------------------------------| |
| |27.00 |28.40 |1.40 |1.00 | |
| |---------------------------------------------| |
| |28.40 |29.10 |0.70 |2.81 | |
| |----------------------------------------------------------|
| |54.00 |55.00 |1.00 |0.91 |1.06 / 5.60 |
| |---------------------------------------------| |
| |55.00 |56.00 |1.00 |0.86 | |
| |---------------------------------------------| |
| |56.00 |57.00 |1.00 |2.07 | |
| |---------------------------------------------| |
| |57.00 |57.80 |0.80 |0.34 | |
| |---------------------------------------------| |
| |57.80 |58.70 |0.90 |1.40 | |
| |---------------------------------------------| |
| |58.70 |59.60 |0.90 |0.61 | |
| |----------------------------------------------------------|
| |62.50 |63.50 |1.00 |1.34 |1.04 / 3.50 |
| |---------------------------------------------| |
| |63.50 |64.40 |0.90 |1.44 | |
| |---------------------------------------------| |
| |64.40 |65.30 |0.90 |0.51 | |
| |---------------------------------------------| |
| |65.30 |66.00 |0.70 |0.76 | |
|------------------------------------------------------------------|
|BN11-32|31.00 |31.50 |0.50 |4.19 |1.22 / 2.50 |
| |---------------------------------------------| |
| |31.50 |32.50 |1.00 |0.23 | |
| |---------------------------------------------| |
| |32.50 |33.50 |1.00 |0.72 | |
| |----------------------------------------------------------|
| |41.00 |42.00 |1.00 |0.39 |1.36 / 7.00 |
| |---------------------------------------------| |
| |42.00 |43.00 |1.00 |0.75 | |
| |---------------------------------------------| |
| |43.00 |44.00 |1.00 |3.34 | |
| |---------------------------------------------| |
| |44.00 |44.70 |0.70 |1.09 | |
| |---------------------------------------------| |
| |44.70 |45.70 |1.00 |0.98 | |
| |---------------------------------------------| |
| |45.70 |47.00 |1.30 |1.76 | |
| |---------------------------------------------| |
| |47.00 |48.00 |1.00 |1.02 | |
| |----------------------------------------------------------|
| |49.00 |49.90 |0.90 |0.38 |1.44 / 1.40 |
| |---------------------------------------------| |
| |49.90 |50.40 |0.50 |3.36 | |
| |----------------------------------------------------------|
| |52.4 |53.00 |0.60 |21.90 |21.90 / 0.60|
|------------------------------------------------------------------|
|BN11-33|40.50 |41.30 |0.80 |0.97 |1.28 / 1.90 |
| |---------------------------------------------| |
| |41.30 |42.40 |1.10 |1.5 | |
| |----------------------------------------------------------|
| |51.20 |52.00 |0.80 |11.50 |4.02 / 2.80 |
| |---------------------------------------------| |
| |52.00 |53.00 |1.00 |0.15 | |
| |---------------------------------------------| |
| |53.00 |54.00 |1.00 |1.91 | |
| |----------------------------------------------------------|
| |68.00 |68.80 |0.80 |2.61 |1.18 / 3.00 |
| |---------------------------------------------| |
| |68.80 |70.00 |1.20 |1.07 | |
| |---------------------------------------------| |
| |70.00 |71.00 |1.00 |0.17 | |
|------------------------------------------------------------------|
|BN11-34|51.00 |51.70 |0.70 |0.70 |2.52 / 1.50 |
| |---------------------------------------------| |
| |51.70 |52.50 |0.80 |4.46 | |
| |----------------------------------------------------------|
| |78.00 |79.00 |1.00 |2.04 |1.07 / 5.0 |
| |---------------------------------------------| |
| |79.00 |80.00 |1.00 |0.21 | |
| |---------------------------------------------| |
| |80.00 |80.70 |0.70 |0.88 | |
| |---------------------------------------------| |
| |80.70 |83.10 |0.60 |0.60 | |
| |---------------------------------------------| |
| |81.30 |82.00 |0.70 |1.89 | |
| |---------------------------------------------| |
| |82.00 |83.00 |1.00 |0.82 | |
| |----------------------------------------------------------|
| |99.00 |100.30|1.30 |5.90 |2.86 / 4.0 |
| |---------------------------------------------| |
| |100.30 |101.00|0.70 |3.68 | |
| |---------------------------------------------| |
| |101.00 |102.00|1.00 |0.98 | |
| |---------------------------------------------| |
| |102.00 |103.00|1.00 |0.22 | |
| |----------------------------------------------------------|
| |112.00 |113.00|1.00 |2.58 |1.20 / 4.30 |
| |---------------------------------------------| |
| |113.00 |114.00|1.00 |0.10 | |
| |---------------------------------------------| |
| |114.00 |115.50|1.50 |0.34 | |
| |---------------------------------------------| |
| |115.50 |116.30|0.80 |2.48 | |
--------------------------------------------------------------------


The Norcourt and the Bermont results indicate continuity of the mineralized zones both laterally and at depth which enhance the economic potential of both zones.


Geotic will commence a 3-D modalization of the Norcourt, incorporating the recent drilling results to the old Mining Corp.


Tom Thomsen, President and CEO of Upper Canyon Minerals notes that: "the program was successful, meeting the objectives of validating the extension of the historical mineralized zones on the Norcourt, both at depth and laterally, and to correlate and extend the company's 2008 drill intersection on the Bermont. This information will be useful, as we continue to plan for underground development".


Jean-Louis Robert, Ph.D. Geol., is a qualified person by the standards of National Instrument 43-101, he is responsible for the contents in this news release.


About Upper Canyon Minerals Corp., a growth oriented mineral-exploration resource company trading on the TSX Venture Exchange (Symbol: UCM), whose mission is the discovery and development of high quality precious and base metal resources, with a goal of advancing them into commercial production. UCM's exploration work is currently focused on the Brosner Gold property located near Val d'Or, Abitibi, in Quebec, Canada.


For additional information, contact Karim Rayani at (604) 628-1767


e-mail: kr@bloomberrycapital.com, or visit website www.uppercanyonminerals.com.


ON BEHALF OF THE BOARD OF DIRECTORS


"Tom Thomsen"


TOM THOMSEN


President & Director


Neither the 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.

Copyright (c) 2011 Thenewswire.ca - All rights reserved.


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