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Ubique Minerals Readies for Drilling at Daniel's Harbour Zinc Project; Geochemical Survey Underway

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articleUbique Minerals Ltd.October 20, 20204/company/ubiqueminerals/news/ubique-minerals-readies-for-drilling-at-daniels-harbour-zinc-project-geochemical-survey-underway
Ubique Minerals Readies for Drilling at Daniel's Harbour Zinc Project; Geochemical Survey Underway

About this update from Ubique Minerals Ltd.

[{"type":"text","content":"Ubique Minerals Readies for Drilling at Daniel’s Harbour Zinc Project; Geochemical Survey UnderwayThis news release is not for distribution or dissemination in the United States of AmericaTORONTO, ON / ACCESSWIRE / October 20, 2020 / Ubique Minerals Limited (\"Ubique\")(CSE:UBQ) announces that mobilization of a diamond drill to the Daniel's Harbour Zinc Project is underway. Goechemical soil surveying has been initiated on the East Mineral License to further define areas adjacent to the locations of soil zinc anomalies.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 at least three zones of zinc mineralization, one of which is the P Zone 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 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 the location and grade of mineralization in 2019.Ubique's drilling will follow up on the 2017 - 2019 diamond drilling results and extend those identified zones of zinc mineralization. The drilling will target the PE Zone and PN Zone on the Ubique wholly owned licenses and the 2160 Zone, Nose Zone and 1386 Zone on the KAP Option licenses. The 2160 Zone is a new target where the zinc mineralization is very shallow at less than 30 metres vertical depth.The zinc mineralization intersected is a very pale coloured sphalerite, characteristic of a low-iron Mississippi-Valley-Type carbonate rock geological environment analogous to many large deposits in north ...

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