Stocks in play: Universal Copper Ltd
Has completed a comprehensive 3-Dimensional geological modelling initiative to establish the controls on the distribution of higher-grade mineralization at the Company’s flagship Poplar Copper Deposit which will be used to direct ongoing exploration drilling at Poplar in 2023. This is the first time a 3D geological model has been created for the Poplar deposit and it demonstrates the project has considerable exploration upside potential: Higher-grade copper-molybdenum-gold-silver mineralization is focused along porphyry intrusion contacts; these contact zones have not been the focus of historic exploration drilling; The deposit is open at depth, toward the north and toward the east; Numerous higher-grade targets (porphyry intrusion contacts, step-outs, step-downs, and down-plunge target zones) are present both internal to and adjacent to the Poplar Resource suggesting there is excellent potential to increase the grade and tonnage of the resource. Universal Copper Ltd shares V.UNV are trading unchanged at $0.03.
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