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FURTHER SIGNIFICANT INTERSECTIONS FROM LADY CLAYRE
The Directors of Universal Resources Limited (Universal) are pleased to report further
significant intersections from its recent drilling at the Lady Clayre copper-gold
prospect within the Roseby Project.
HIGHLIGHTS
RC drilling has confirmed multiple zones of relatively high-grade copper
mineralisation at Zone F associated with coarse gold and copper sulphide intervals
assaying up to 9.46 % copper. Most recent results include:
LCR 147 18m @ 1.18% copper, 0.89 g/t gold
incl: 4m @ 3.33% copper, 2.70 g/t gold.
LCR 151 17m @ 1.20% copper, awaiting gold assays
Lady Clayre hosts two inferred resources comprising 3.6 million tonnes at 1.19%
copper, 0.55g/t gold (Zone A) and 0.9 million tonnes at 0.86% copper, 0.38gpt
gold (Zone F).
The recent drilling in the northern area of Zone F has extended known copper-gold
mineralisation 140 metres down dip to a vertical depth of approximately 100 metres.
Mineralisation remains open along strike and down dip indicating a good potential to
further significantly increase resources.