Upper Canyon Minerals Corp. Updates Brosnor Gold Property / 2011 Fall Program
(via Thenewswire.ca)
Vancouver, B.C. - Upper Canyon Minerals Corp. ("UCM" or the "Company") (TSX VENTURE: UCM) is pleased to report on the on-going exploration program on the Company's Brosnor Property located in Louvicourt Township, 30 kilometers east of the town of Val d'Or, in the province of Qu?c.
The Brosnor property hosts three gold bearing structures, striking east-west, contained in quartz-tourmaline veins located in fractured more competent rock units. The property adjoins, to the west, the Richmont Mining Monique gold deposit which is in the process of being developed towards open pit production. The three mineralized zones on the property, the Norcourt, Adelemont and Bermont, and Richmont's Monique, are enclosed within a mineralized corridor sandwiched between two ultamafic bands and most of the gold is associated in fractured silicified diorites/volcanics.
Since our News Release of June 8th, 2011, the Company has filed to the Qu?c Minist? des Ressources et de la Faune (MRNF) late in June, the report for the authorization permit (CA) required before undertaking any development, surface and underground work on the property. The issuance of the permit is expected to be delivered in September, or early October 2011. Meanwhile the other minor required permits (construction, waste water treatment and oil disposal) are being applied for. A Request for Bid document, containing detailed engineering specifications, is being prepared and will be sent to several mining contractors for bids in August. Upper Canyon will report on details of the underground development program after the selection and granting of the contract.
The 3-D modelling of the Norcourt mineralized zone is in progress.
A surface drilling program to explore the extensions of the Norcourt and the Bermont mineralized zones is being prepared. This drill program will be carried out, concurrently to the underground development .
Tom Thomsen, President and CEO of Upper Canyon Minerals notes that: "with current gold prices in the $1,500 range, I am enthused with the underground development, including a bulk sample of 3,000 to 5,000 tonnes in the Adelemont gold zone, planned for this fall".
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
Copyright (c) 2011 Thenewswire.ca - All rights reserved.