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Amended: Quebec Quartz Assay Results for Malvina Surpasses Expectations, Samples up to 99.8% SiO2, Validated as Suitable for Silicon Metal and High Purity Quartz Applications
(via Thenewswire.ca) Montreal, Quebec / TheNewswire / Uragold Bay Resources Inc. ("Ura...
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[{"type":"text","content":"\nAmended: Quebec Quartz Assay Results for Malvina Surpasses Expectations, Samples up to 99.8% SiO2, Validated as Suitable for Silicon Metal and High Purity Quartz Applications(via Thenewswire.ca)\n \n \nMontreal, Quebec / TheNewswire / Uragold Bay Resources Inc. (\"Uragold\") (TSX Venture: UBR) is pleased to announce that it's wholly owned subsidiary, Quebec Quartz, has received assay results for samples taken on the Malvina Quartz (Silica) property located in the Eastern Township, some 200 km east of Montreal and 5 km from the Quebec-Vermont border.\n\n\n \nThe corrected SiO2 average for the 8 samples assayed is 99.57%, ranging from 99.31% to 99.75%. These results validate the fact that the quartz material from the Malvina Property would make suitable feedstock for Silicon Metal production and applications requiring high purity quartz.\n\n\n \nPatrick Levasseur, President and COO of Uragold stated, \"We are extremely happy with these results. They have surpassed our initial expectations and validated our decision to focus on our Malvina property since quartz mined from the region back in the 80's was used for silicon metal production. Furthermore, the property is situated within 100 Km from a deep-sea harbour that can handle bulk shipments for worldwide exports, less then 500 Km from the future FerroAtlantica Port Cartier Silicon Metal production facilities and less then 100 Km from Globe Specialty Metals Becancour silicon metal production facilities.\"\n\n\n \nA 1995 exploration campaign indicates that the Malvina mineralization appears to take place in a lens that is 15m by 6m. Samples took from this lens revealed high purity quartz (99.74% SiO2). The Malvina showing hosted of a producing quarry in the past. (GM53696: Pierre Vincent, Constellar Geosciences. 1995).\n\n\n \nAll the information on exploration potential herewithin presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.\n\n\n \nIMPORTANCE OF QUARTZ (SILICA)\n\n\n \nQuartz (SiO2) is one of the most abundant minerals. It occurs in many different settings and in many different rock types. However, High Purity Quartz deposits wi...