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Ubique Files an Amended NI 43-101 Report for Its Daniels Harbour Zinc Exploration Project
This news release is not for distribution or dissemination in the United States of America. ...
About this update from Ubique Minerals Ltd.
[{"type":"text","content":"Ubique Files an Amended NI 43-101 Report for Its Daniels Harbour Zinc Exploration ProjectThis news release is not for distribution or dissemination in the United States of America.As a result of a review by staff of the Ontario Securities Commission, we are issuing the following news release regarding our disclosure on the Daniel's Harbour Property.TORONTO, ON / ACCESSWIRE / January 23, 2020 / Ubique Minerals Limited (CSE:UBQ) (\"Ubique or the Company\") reports that it has filed an amended NI 43-101 report for its Zinc exploration project in Daniel's Harbour, Newfoundland, based on guidance from the Ontario Security Commission (\"OSC\").On review of previous disclosures about the project, the OSC staff had advised the following amendments to the NI 43-101 report filed on SEDAR in August 2018:Removal of references to sources of technical information from Item 3 \"Reliance on Other Experts\".Inclusion of cautionary language required by section 2.4 of NI 43-101, while referencing historical estimates, andRemoval of references to adjacent property information sourced from the Government of Newfoundland and Labrador's online Mineral Occurrence Database systemThe amended report is available under the Ubique profile at www.sedar.com and on the Company website at www.ubiqueminerals.com.Ubique also announces the results of the balance of the drill holes completed in the 2019 drill program for which the first results were announced by press release dated October 21st, 2019. Seven holes were completed in the drill program of which the first three holes (UM29 - UM31) were reported previously. Holes UM 32, 33 and 34 were drilled in the vicinity of the P Zone on Ubique's 100% owned mineral license and failed to intersect any zinc values of significance (>4% zinc) but they have helped define the boundaries of the P Zone zinc deposit which is still open along strike to the northeast.Drill hole UM35 was a vertical hole drilled on the MinKap option property in the area of the historic N Zone drilling. Ubique personnel were unable to find the collar of the historic drill hole C513 that had intersected 6.78% zinc over 13.6 feet from a depth of 461.0 feet in a vertical hole. The collar position for vertical hole UM35 was determined by triangulation from other historic features in the area. The hole intersected several intervals with zinc grades ...