Myriad Uranium Concludes Maiden Drill Campaign at Copper Mountain; Program Encountered Significant High Grade, Exceeded Expectations, Provided Verification of Historical Drilling, and Enco...
Union Pacific Corporation (UNP)
Last union pacific corporation earnings: 4/23 08:00 am
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the " Company ") is pleased to announce that the Company has completed its maiden drill program at Copper Mountain. Across all 34 boreholes, drilling encountered 30 intervals greater than 3 ft and over 1,000 ppm eU O (Figure 1), 56 intervals greater than 3 feet over 500 ppm eU O and 165 intervals over a minimum of 3 feet that are greater than 200 ppm eU O . Results of equivalent uranium (eU O ) grades across all boreholes are provided in the appendices hereto. Results from the final 11 holes continued to validate historical drilling and delivered higher-grade results than anticipated, a consistent theme throughout the whole drill program. And in a significant development, the most recent drilling has confirmed that uranium mineralisation occurs below the general maximum depth of historical drilling (approx. 500 to 600 feet). The potential of this deeper mineralisation is highly significant and will be investigated further through geophysics and will be factored into drill targeting
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UNP
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- 10/24/24 - Miss
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