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UrbanGold Minerals Inc.

UrbanGold Minerals Inc. is a precious metals exploration company with its activities focused in key gold prospective areas of Quebec. The company specializes in project generation supported by substantial exploration expertise.
UGM:TSX.V

Expert Comments:

Clive Maund, CliveMaund.com

(11/22/20)
"The picture for UrbanGold Minerals Inc. is now most encouraging. Following a quite severe correction from its late July high back to touch its 200-day moving average in mid-October, the price appears to have completed what could be classified either as a cup or a head-and-shoulders bottom from which it now looks ready to advance anew. . .good entry point and rated a Strong Buy here."

UrbanGold Minerals aims to extend into its Pallador-Regnault claims the gold system recently discovered on the adjacent property.
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UrbanGold Minerals reported it completed an induced polarization survey and has outlined drill targets at its Pallador project located in the Troilus-Frotet gold belt in Quebec.
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UrbanGold Minerals reported it is commencing a line-cutting and surface geophysics program in preparation for drilling on the Cressida block at the JV Bullseye property.
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UrbanGold Minerals entered into a purchase option agreement with Northcore Resources for its 8,375-hectare Monaco property located 80 km south of Chibougamau, Quebec.
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High-grade discoveries in the region have raised the prospect of district-scale mineralization for the area around UrbanGold's projects.
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UrbanGold Minerals plans to expand drilling at its Pallador Main project located in Troilus-Frotet, Quebec, after it identified two new high priority gold soil targets.
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During this program, UrbanGold Minerals encountered occurrences of gold mineralization.
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Assays are from UrbanGold Minerals' Pallador property in the Troilus-Frotet area.
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Experts Following This Company

Clive Maund – CliveMaund.com

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Next to a new important golf discovery in an active exploration area
 
Projects located in the low risk mining jurisdiction of Quebec with good geology
 
Low cost exploration due excellent infrastructure
catalyst Calendar
Q3
2020
$1 million financing announced with Palisades Goldcorp Ltd.
Q4
2020
Assay results from the first phase of drilling program at Pallador expected this fall
Q4
2020
Further drilling this fall and winter