Altona Mining Limited Stock Market Press Releases and Company Profile
Universal Resources Limited (ASX:URL) Drilling Program For Roseby And Ivy Ann Copper Prospects
Universal Resources Limited (ASX:URL) Drilling Program For Roseby And Ivy Ann Copper Prospects

Perth, Sep 14, 2009 AEST (ABN Newswire) - The directors of Universal Resources Limited (ASX:URL) advise that a 15 hole, 1900 metre Reverse Circulation (RC) drilling programme is about to commence at three of the company's copper prospects in northwest Queensland : Bedford North and Lady Clayre prospects within the Roseby Copper Project and Ivy Ann within the Cameron River Project. The program is anticipated to be completed by early October 2009.

Roseby Copper Project

A total of approximately 11 holes will be drilled in the Roseby Copper Project area to further test the Bedford North Prospect (1.31 million tonnes at 1.22% copper and 0.34 gpt gold) and the Lady Clayre F Zone Prospect (0.90 million tonnes at 0.86% copper and 0.38 gpt gold). Both resources are in the Inferred category. The objective will be to better define the structural controls to copper-gold mineralization, locating depth and strike extensions to known, high grade mineralization and commencing the transition of the resources from the Inferred to Indicated JORC Code status.

Cameron River Project

Ivy Ann Deposit

At Ivy Ann, located only 35 km SSE of the proposed Roseby treatment plant location, drilling will test structural targets down dip, down plunge and along strike of the main body of resources and previous high grade drill intercepts, open on strike or at depth, seeking to extend the high grade areas and open up resource extensions on the northern boundary of the current resource (4 million tonnes at 0.72% copper and 0.12 gpt gold).

All resource estimates have used a lower cut-off grade of 0.3% copper.

For the complete Universal Resources ASX Announcement, please click the link below:

http://www.abnnewswire.net/media/en/docs/61422-ASX-URL-459991.pdf

About Altona Mining Limited

Altona is a cashed up ASX listed company with a record of shareholder returns. It is focussed on the Cloncurry Copper Project in Queensland, Australia.

The Cloncurry Copper Project has resources containing some 1.65 million tonnes of copper and 0.43 million ounces of gold. The first development envisaged is the 7 million tonnes per annum Little Eva open pit copper-gold mine and concentrator.

abnnewswire.com 


Contact

Peter Ingram
Managing Director
Universal Resources Limited
Tel: +61-8-9486-8400



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