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Corporate Essentials

Exchange: TSX.V
Symbol: UCM
Delayed Quote: Click Here
Shares Issued and Outstanding:
I/O: 30,882,334

Options:
approx 750,000 at $0.30

Warrants:
approx 2,500,000 at $0.45


Drilling

Click for Larger MapThe major drilling campaign dates back prior to 1987. The core boxes of these older programmes are currently on the property of the Joubi Mine in Val D’Or. They were transferred a number of years ago from a storage of the formerly owner, Mines Abcourt, to the present site at the time of the acquisition of the property by Ced-d’Or Mines. A geologist supervised the move and a list prepared by Mr. Renaud Hinse of Abcourt indicates a total of 64 holes representing the 1981, 1983, 1984, 1986, and 1987 drilling programmes, for a total of 1876 core boxes, were transferred. About 80% of those boxes are properly stacked in a regular core rack shelter in the field, and the remaining piled up on the ground.

The boxes are properly identified mostly with a metal tag and the footage properly visible with small blocks at various intervals in the boxes.

In the Spring of 2007, a small three holes drilling programme was completed and financed by 0787912 B.C. LTD.

Field visits were done by MM. Jean-Louis Robert and Yves Gagnon in order to assess the approximate location of the old drillings and to spot the collars of the three holes as precisely as possible to intersect the Adelemont Zone.

Holes DDH-07-01 and 02 were positioned to intersect the Adelemont zone some 90 meters deep, and DDH-07-03 for intersecting the zone around the 200 meters depth. Drilling was performed by Les Forages Pelletier Ltée, from Cap-Chat, province of Quebec.

Holes succeeded and confirmed the Adelemont gold bearing structure as a series of vein networks located within mafic volcanics, striking east-west and dipping north, thus cross-cutting the general stratigraphy. The vein material includes quartz, carbonates and minor amount of tourmaline and fine to coarse pyrite.

Gold grades obtained were somewhat lower than the historical resources estimates but consistent with the stockpiles grades and the old core re-assaying described in section 13.0 of the 43-101 report found elsewhere on this website.. The table below summarizes the 2007 drilling results obtained. The core boxes will be stored temporary till next drill campaign at Entreprises René Sigouin inc. in Val d’Or.

Hole number     From     To       Core length   Grade                Description

                            (m)     (m)           (m)            g/t Au % Qz-Carb      % Py

DDH-07-01       21,5     23,5          2,0              1,92                    20                 3

                        71,0     83,0         12,0             1,26                    30                 2     

                        88,0     95,5          7,5             2,70                     55                 5

DDH-07-02       88,0     99,0         11,0              1,51                     10                 3

                        105,0  111,0          6,0              1,64                     12                 1     

                         

DDH-07-03     229,5  231,5          2,0              4,39                     28                 2

                        267,5  273,5          6,0              0,47                     12                 2     


More information can be obtained by reviewing the 43-101 Technical report prepared in August 2007 by Consultations Géo-logic by clicking here.

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