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Ubique Minerals Identifies Five Priority Drill Targets on Kapuskasing Gold Corp Option Claims at Daniel's Harbour, Newfoundland Property

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articleUbique Minerals Ltd.February 28, 20195/company/ubiqueminerals/news/ubique-minerals-identifies-five-priority-drill-targets-on-kapuskasing-gold-corp-option-claims-at-daniels-harbour-newfoundland-property
Ubique Minerals Identifies Five Priority Drill Targets on Kapuskasing Gold Corp Option Claims at Daniel's Harbour, Newfoundland Property

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[{"type":"text","content":"Ubique Minerals Identifies Five Priority Drill Targets on Kapuskasing Gold Corp Option Claims at Daniel's Harbour, Newfoundland PropertyThis News Release is not for Distribution or Dissemination in the United States of America TORONTO, ON / ACCESSWIRE / February 28, 2019 / Ubique Minerals Limited (CSE:UBQ) (\"Ubique\") has identified five priority drill targets on the Kapuskasing Gold Corp. (TSX-V:KAP) (\"Kapuskasing\") optioned claims at the Daniel's Harbour property in western Newfoundland. These claims are adjacent to Ubique's Daniel's Harbour property on which diamond drilling in 2017 and 2018 has been successful in blocking out a new zinc deposit.Ubique personnel have reviewed many hundreds of historic drill holes searching for high grade intercepts in areas where surrounding drilling is non-existent or too wide spaced to eliminate the potential for a zinc deposit. This search revealed five high priority targets and another five lower priority targets. The top five targets are:1386 Zone This target is surrounding the location of historic diamond drill hole which intersected approximately 50 feet of zinc mineralization including 18.8 feet grading 8.96% zinc. Along the assumed strike direction there are no other holes for 400 feet either side.N Zone This target is in an area beyond the limit of mining of the former N Zone and is identified by an historic drill hole which intersected 6.78% zinc over 13.6 feet. There were no other drill holes within 100 feet of this hole in any direction.2160 Zone A fault cut off the mineralized zone that was being mined historically in the G and H Zones and other than a trench which revealed zinc mineralization at surface the continuation of the zone was not located. Nose Zone This target is inferred from an historic section of drill holes in which two drill holes, 100 feet apart both intersected zinc mineralization. Hole 1311 had the highest grade intersection with an average of 25.5 feet grading 6.79% zinc including 8.9 ft grading 10.89% zinc.J Zone This target was identified by widely spaced historic drilling in fences across strike and one section of four holes had zinc intersections in three of the holes. One hole intersected 19.21% zinc over 1.3 feet, the next 6.87% zinc over 12.2 feet and the third 6.2% zinc over 11.4 feet. These holes were spaced at 50 feet spacing along the section. T...

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