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Ubique Minerals Announces Filing of Annual Financials and Plans for Drilling at Daniel's Harbour Zinc Project
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About this update from Ubique Minerals Ltd.
[{"type":"text","content":"Ubique Minerals Announces Filing of Annual Financials and Plans for Drilling at Daniel’s Harbour Zinc ProjectThis news release is not for distribution or dissemination in the United States of AmericaTORONTO, ON / ACCESSWIRE / October 5, 2020 / Ubique Minerals Limited (\"Ubique\")(CSE:UBQ) announces it has filed with the regulatory authorities its audited annual financial statements and is mailing the materials to shareholders for its annual meeting to be held on October 28th, 2020. The Company has contracted with a diamond drilling contractor for additional drilling of its zinc deposits at Daniel's Harbour, Newfoundland. Mobilization is anticipated to take place at mid month.The audited financial statements and Management Discussion and Analysis for the finacial year ending July 31st, 2020 have been filed on SEDAR (the System for Electronic Document Analysis and Retrieval) and can be accessed at www.sedar.com. Shareholders are encouraged to review this information in conjunction with the Management Information Circular regarding the annual meeting of the shareholders of the company.Ubique's Daniels Harbour Zinc Project - Plans for 2020 Diamond Drilling Program.Ubique owns three mineral licenses located in the Daniel's Harbour area in Newfoundland, Canada, covering more than 6 sq. kms, in two blocks and has another four mineral licenses covering more than 10 sq. kms. under option from MinKap Resources Inc. The Ubique licenses cover three zones of zinc mineralization, namely P Zone, Cobo's Pond and Tilt Pond. The P Zone is where Ubique completed most of its 2017 and 2018 drilling programs, the highlight of which was a true width intersection of 13.6% Zinc over 12.2 metres including 17.43% Zinc over 8.6m. There are now 28 drill holes in this target area with zinc intersections with greater than 4% zinc over at least 2 metres true widths. The P Zone is still open to extension with additional drilling. The KAP Option licenses cover many areas of the historic mining activity and research has already identified five high priority drill target areas where historic drilling intersected zinc mineralization, including a true width interval of 5.73m of 8.96% zinc in the 1386 zone target. Two of these drill target areas have been relocated (the 1386 and Nose Zones), the historic drill holes identified and new holes drilled confirming ...