URSA Major Minerals Incorporated
Mar 05, 2010 17:34 ET
TORONTO, ONTARIO–(Marketwire – March 5, 2010) –
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URSA Major Minerals Incorporated (“URSA Major”) (TSX:UMJ) is pleased to announce exploration plans for the Company’s nickel-copper and PGM projects in 2010.
Nickel Offsets Property
URSA Major’s initial 5-hole 1,807 meter drilling and borehole electromagnetic (EM) geophysical survey program completed in late 2009 identified massive sulphide targets in proximity to the existing workings of the past producing Nickel Offset No.1 Mine. URSA Major plans a 3,000 meter Phase 2 diamond drilling and borehole EM program to follow up on the EM targets and strategic geological contacts identified in the first program. Assays from drill hole U15-02 provided the best intersection of the initial program with 1.6 meters grading 3.12% nickel, 1.15% copper, 0.12% cobalt, 1.39 g/t platinum, 2.04 g/t palladium and 0.21 g/t gold (see February 1, 2010 press release).
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