Updated: 2014-10-17 - 12:46:00
UC Resources Symbol: UC.V
UC Resources Ltd. (TSXV: UC) management is pleased to announce that personnel have been mobilized to the Copalquin property to commence Phase 2 Exploration.
As reported in early 2005, Phase 1 drilling at Copalquin in 2004 and early 2005 intersected wide zones of gold and silver mineralization at two prospects referred to as El Cometa and El Refugio. These two zones were initially considered separate, vein type targets however; drilling results indicated that they might represent the eastern and western limits of a much more extensive mineralized zone than was previously recognized. As noted in the Company's news release dated August 10, 2005 the style and tenor of mineralization intersected at El Cometa and El Refugio is similar to the mineralization reported by Gammon Lake at its Ocampo Project and the Company plans to drill test the area between these prospects.
The 2005 Copalquin drill program will be subject to rigorous quality control and quality assurance protocol including blank and reference samples with each batch of assays. A systematic program of verification sampling from the drill core stored on site is in progress and results will be reported as soon as they become available.
The technical information contained in this release was prepared by Carl von Einsiedel, P.Geo., a "qualified person" within the meaning of National Instrument 43-101 for the Copalquin Project.
On behalf of the board of directors,
Richard J. Hamelin, President/CEO/Director
UC RESOURCES LTD.
#507, 595 Howe Street
Vancouver, B. C. V6C2T5 Canada
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com.