Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project

Core Insights - Urbana Corporation has reported positive results from its winter drill program at the Urban Gold Project, indicating significant gold mineralization and potential for further exploration [2][3][8] Drill Program Results - The drill program consisted of 5,226 meters and 17 drill holes, focusing on the southern part of the Urban Gold Project [3] - Notable intercepts include 6.98 grams of gold per tonne over 6.0 meters in hole UU-25-12, expanding the known mineralized zone to a potential strike length of 200 meters [3][4] - Historical intercepts from the 1980s were also targeted, with previous results of 15.0 g/t over 0.8 meters and 15.0 g/t over 0.97 meters [4] Upcoming Exploration Plans - A comprehensive surface exploration campaign is set to begin, targeting the underexplored northern and central portions of the Urban Gold Project [6] - The northern sector has never been drilled and is surrounded by multiple gold occurrences, while the central sector has numerous undocumented gold showings [6][7] Strategic Location - The Urban Gold Project is strategically located between Goldfield's Windfall deposit and Bonterra Resources' Barry deposit, within a highly prospective mineralized corridor [8] - The project benefits from road access and nearby infrastructure, enhancing its exploration potential [8] Quality Control Measures - True width determination for the reported intervals is estimated at 55-90% [9] - Assays were conducted using industry-standard methods, with a robust QA/QC program in place [9]