Urua

Urua: Work done to June 2020

  • Copper-Gold Porphyry target based on historic work 2012
  • 3km north of OMU target
  • Complilation by GBRX of historic Urua data
  • Discovery by GBRX of Everi just south of Urua
  • GBRX initiated a soil and rock sampling by June 2020

Technical Update

  • Cu-Au in outcrop
  • Widespread argillic alteration
  • High Cu/Zn ratio in soil
  • 42m @ 0.34g/t Au & 0.11% Cu T3 (trench#3)
  • 36m @ 0.97g/t Au & 0.72% Cu T5 (Trench#5)
  • Intense epidote alteration

2.16% Cu, 9.60g/t Au over 1.10 m in URD002

URD002 ended in strong epidote alteration with last 12.3 m averaging 0.13% Cu

  • Historic diamond drill hole URD002 – extensive epidote alteration at depth
  • 0.97 g/t Au, 0.72% Cu over 36.0 m T5
  • Several mineralized intervals in T3
  • URD004 – will test in direction of alteration, toward a deeper IP anomaly that is interpreted to be the center of porphyry system
  • 500 m hole URD004 (~15% of drilling budget)