An update from Urbana Corporation ( (TSE:URB) ) is now available.
Urbana Corporation has announced progress in its ongoing drill program at the Urban Township Project in Quebec, an emerging major gold mining camp. The company completed five drill holes totaling 1,503 meters, intersecting significant volcanic lithologies and mineralization, including visible gold. The program targets the Bank-Mazeres fault, associated with nearby gold deposits, and is on track for completion by mid-March, potentially enhancing Urbana’s position in the gold mining sector.
More about Urbana Corporation
Urbana Corporation operates in the mining industry, focusing on exploration and development projects. Its primary activities include drilling and exploration for gold, particularly in the Urban-Windfall area of Quebec, which is known for its gold mining potential.
YTD Price Performance: 5.43%
Average Trading Volume: 1,807
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$245.4M
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