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SUMMER DRILLING PROGRAM

TSE:URB & CDNX: URB

 

Urbana Corporation is commencing a drilling program this week on its Macho River property located in Urban Township, Quebec.

 

Eight drill holes will test different mineralized base metal and gold zones. Four additional drill holes are planned that will be contingent on results from the initial drilling. The eight-hole drill program (minimum 2,100 feet), will be completed in about two weeks at an estimated cost of $100,000.

 

Benoit Diamond Drilling Ltd. has been engaged to complete the diamond drilling. Urbana’s consulting geologist, Abe Abolins, P. Eng. of ABEX Geological Services, will be overseeing the program.

 

Urbana Corporation is a mineral exploration company currently focusing its efforts on its 48 claim holding in Urban Township, Quebec. The Barry and Urban township area have been the focus of active mineral exploration for several years.

 

Thomas S. Caldwell
President

 

 

Investor Relations: (416) 595-9106

Net Assets per share
as of September 30, 2024
$10.32
URB STOCK TSX: URB-A
$5.32 -0.03 (-0.56%)
URB STOCK TSX: URB
$5.49 ()