UrbanGold completes first drill program on the Golden Road Block at Pallador

Now the wait begins for numbers. UrbanGold Minerals Inc. reports the completion of its first phase of drilling on the company's 100%-owned Pallador property in the Troilus-Frotet area, Quebec. 

A drill program consisting of 6 holes totalling 1,620 metres was completed on the Golden Road block and approximately 16 kilometres north of the Pallador Main block. Drilling focused on geophysical targets located up-ice from anomalous gold bearing boulders and tills within a favorable geological context and where a major fault has been interpreted. Assay results for this first phase of drilling are expected this fall. Several occurrences are located within the immediate area which is located within the western portion of the Troilus-Frotet area, and approximately 25 kilometres southwest of the past producing Troilus mine.

UrbanGold is aggressively pursuing exploration on several portions of the Property. Surface exploration is resuming on the 100%-owned Diléo-Nord block located further north. This portion of the Property contains several historical gold occurrences, including a drill intersection of 31 g/t Au over 1 metre (Sigeom Database). Numerous other historical occurrences and unexplained geophysical induced polarization chargeability anomalies are also present on this portion of the Property which remain to be investigated in preparation for a future drill program.

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