| UC Resources Ltd. |  | UC Resources (TSX-V: UC) is a Canadian exploration, development and production company which has an opportunity-driven acquisition strategy. Its main focus is on production and exploration opportunities in Mexico. However, it will also be active in Canada on a very select basis on exploration projects, which have the potential to add significant shareholder value.
The Company’s Canadian exploration program is at the McFauld’s Lake volcanic-hosted massive sulphide (“VMS”) project in the James Bay Lowlands of Ontario. This areas has recently received significant interest by the investment community due to some significant results by Noront Resources (TSXV:NOT). To date, in excess of $9 million has been expended on the project, of which 47 drill holes, totaling nearly 15,000 meters have been drilled on the McFauld’s #1 and #3 occurrences. Some of the highlights of this drill program in past years includes: McF-04-57 18.8 meters of 8.02% Copper and Mc-03-18 discovery hole intersected multiple zones, enriched in Zinc, averaged 4.83% Zn over 25.75 meters (also 0.51% Cu). UC Resources Company currently has an option to earn-in up to 55% undivided interest in the McFauld’s Lake Project.The current exploration program by UC has returned some significant results, including an intersection of 4.35% Zn, 2.69% Cu, 0.35 g/t Au and 6.63 g/t Ag over 19 metres. | | Visit Website | | Office Address | 355 Bernard St., Ste. 1000,
Vancouver, BC, V6C2G8 Canada | | Phone | (604) 681-7265 | | Fax | (604) 608-6163 | | Executives | Richard J. (Rick) Hamelin, CEO and Director | | James (Jim) Voisin, President and Director |
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