Home > Boards > US OTC > Mining/Resources >

HPQ Silicon Resources Inc (HPQFF)

Add HPQFF Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 6/22/2021 7:02:32 AM - Followers: 11 - Board type: Free - Posts Today: 0

URAGOLD BAY RESOURCES is a junior exploration company trading on the TSX Venture Exchange under the symbol UBR and Stateside as URAGF .

Uragold's business model focuses on developing low-risk, low-cost gold mining operations while exploring on core properties that hold the potential of discovering world class gold deposits, and more recently, graphite properties. The Company's properties are located in Canada, in the Appalachian region of the province of Quebec. The properties benefit from extensive historical exploration work and from well-established infrastructure thereby helping to reduce exploration risks.

UBR is searching for precious and energy metals. It has the potential to become a mid-tier producer in gold.  It owns two gold properties outright, and will option other properties in the southern Quebec region as they become available.  It has also recently acquired outright two other properties containing graphite, a new venture for UBR.  One of these properties is an historic producer, world class in quality of jumbo flake, and can be mined almost immediately following a quick
NI 43-101 resource upgrade.  Like a Rolls Royce, it comes with its own mechanic... the geologist who spent a good part of his career on the project with the Asbury family.  Asbury will anchor UBR's venture into graphite; they intend to grow their operation around this jewel.

Not content with being a small production company, UBR desires to grow.  This takes cash to put together, but it can be small cash spent wisely.  A typical 2.5M ton graphite property with historic NI 43-101's on it might cost $1.5M, but can be optioned for much less, for about 10% of the total value.  These properties, the best ones, can contain upwards of $5B of total resource in varying grades.

Uragold has taken a proactive approach to the problem of finacing a small company to grow it while containing share count: become self sustaining by generating revenues from smaller projects while acquiring and exploring larger prospects. This demonstrates it's potential to larger, institutional investors their ability to absorb and survive financing risk and costs.

Urgaold intends to prove up the 'Flinders quality' Asbury property to 2M tonnes ultra high quality this summer.  More graphite miners are now noticing and acquiring properties all around them... Cavan, and most recently Focus Metals have joined the fray.

Their Beauce Gold mine is moving into production as we speak and will begin to generate revs for the company almost immediately as they bulk sample the tailings, exposing gold bearing bedrock.  This is a small mine, but is useful to get them going.

The big attraction for the two owners of Uragold is the MacDonald and Moe River properties. They are in the firm belief that they have the underpinnings of a world class gold deposit, and will prove it up, starting this summer.

There is much more to this play than meets the eye... and they intend to bring it forward to investors in the coming next few months.

For more information, please see: http://www.uragold.com/index.php



Montreal, Quebec, March 23, 2012: Uragold Bay Resources Inc. (TSX-V: UBR), Uragold is pleased to announce it has signed an agreement with a private vendor regarding the acquisition of 100% interest in two large flake graphite properties, the Asbury Graphite Mine and the Canadian Graphite property.

Asbury Graphite Mine
The property, located in Notre-Dame-de-Laus, 60 km south of Mont- Laurier, Quebec consists of two claims, which holds the former Asbury Graphite Mine. The mine was an open pit mine that operated seasonally from 1980 to 1989, and less then 70,000 tons were process during that period. In 1974 a historic estimate of 578,000 tons averaging 10% large flake graphite was reported for the Ashbury Graphite Mine (source is pre 43-101, Resource Naturel et de la Faune du Quebec, report GM36039, FEASIBILITY STUDY ON THE MINING OPERATION OF THE GRAPHITE PROPERTY, Baril 1974, by Canastota Mines) A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Uragold is not treating the historical estimate as current mineral resources or mineral reserves.

Additionally, a 1985 drilling program confirmed the presence of graphite beds at the bottom of the pit open at depth, indicating an additional deposit of significant potential. Graphite zones to the north and south of the open pit show the potential of additional ore discoveries.

A qualified person has not verified the relevance and reliability of the 1985 drill results outlined above and should not be relied upon until the Company can confirm them. Past metallurgical tests on bulk samples from the deposit have shown that a graphite concentrate with a recovery of 85% was produced where by 50% of the concentrate fall into the large flake grade with an average carbon content of 90% and a granulometry of 80 plus mesh. 25% fall in the medium flake category with an average carbon content of 80% carbon and a granulometry between minus 80 mesh and plus 200 mesh. The remaining 25% fall in the fine flake category and had an average carbon content of 80% and a granulometr

Canadian Graphite Property
The property consists of two mining claims located 13 km east of St-Michel-de-Wentworth in the Laurentian region of Quebec. In 1918, the Canadian Graphite Company identified a graphite historical estimate of 168,000 tons at 6.15% graphite (source is pre 43-101, Canadian Graphite Co., Hitchcock 1918). Recently, a 30498 (Territoire affecté à la villégiature) exploration and mining restriction was imposed on the region. Future exploration activities will require authorization from the municipality of Wentworth Nord.

A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Uragold is not treating the historical estimate as current mineral resources or mineral reserves.

Mr. Vivian Stuart-Williams, (SACNASP), a Director of the Company and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

Material terms of the agreement are as follows (all amounts are expressed in Canadian dollars). In order to acquire its interest in the claims, the Company shall make the following payments to the vendor.

The Vendor agrees to grant Uragold the exclusive and irrevocable right to earn a one hundred per cent (100%) interest in the Claims, in consideration of 8,000,000 common treasury shares of the Company plus a cash payment of $50,000.00

The transaction is made with a party that is non-related to the Corporation. The acquisition is conditional to the approval of regulatory authorities. Further to the acquisition and its approval, the parties will proceed with the transfer of the titles of the claims to the Corporation.

The price of large-flake graphite has tripled over the last five years due to reductions in supply and increased demand. High grade large-flake graphite sell for up to $3,000 a ton. Lithium ion batteries are composed of 10 to 20 times more graphite than lithium. Focus metals Lake Knife project has a 16% graphite content and is the highest known graphite grade in the world. Other known global deposits are typically in the 2-6% range. At 10% graphite, the Asbury Mine has the potential to be a world class deposit.

Patrick Levasseur, president and COO of Uragold stated. "The Asbury project is similar to our Beauce Placer project, this property benefits from extensive historical exploration work, well-established infrastructure and the real potential of developing a mining operation. I am confident that this major graphite acquisition will add to shareholder value."

Progressive IR Consultants Corp.
440 - 789 West Pender St.
Vancouver BC V6C 1H2 
Tel: 604.689.2881 

Website: http://www.progressive-ir.com/index.html

Uragold Bay Resources Inc. (CVE:UBR) (PINK:URAGF) Price Shoots Up After Update On Operations
Uragold Bay Resources Inc. ( CVE:UBR ) (PINK:URAGF) share price jumped when the company published an update on their drilling program. UBR gained another 25% following the lazy uptrend from early February. The accompanying trading volume was 4.3 million, more than ten times heavier than the 90-day average and the heaviest recorded over the past year. Strong end of day price action combined with a news release promise a bullish session ahead. Last Friday, March 30, the company announced they have completed a four hole diamond drill program on Beauce Placer property in Quebec. The drilling revealed a hard rock gold anomaly but further testing will be required. The company only revealed that findings currently confirm their hypothesis about the underlying structure of the property. Sampling and splitting are continued to better define the anomaly. Uragold also got city council approval to conduct a bulk sampling program. Bulk sampling will allow taking large samples and help to define the ore structure more accurately during metallurgical testing. Traders thus have a reason to speculate on the would be findings, but the extend of possible price increases should be limited as nothing new of significant value was found by the company.

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
#109   I'm a buyer below .70 This has been Stingray 06/22/21 07:02:32 AM
#108   Sad to see... nowwhat2 06/22/21 01:39:47 AM
#107   Yeah, sumthin strange has been going on for Stingray 04/22/21 09:00:24 AM
#106   Yeah good idear eh ?....That makes total sense. nowwhat2 04/21/21 11:32:53 PM
#105   Been buying again.....50s and 60s should pe profitable soon... Stingray 04/21/21 08:05:58 PM
#104   Kwik-Dip !.....Missed it !.....Golly gee ! nowwhat2 03/09/21 05:56:19 AM
#103   $HPQFF HPQ Well-funded to Advance Its Silicon and AskMuncher 03/07/21 10:41:17 PM
#102   I think it may have this video which nowwhat2 03/05/21 06:58:10 PM
#101   OTOH...I am grabbing some $5 PYRNF...should pop when Stingray 03/05/21 12:28:41 PM
#100   Lower now...market is close to puke mode...and taking Stingray 03/05/21 11:30:19 AM
#99   LAST .88 (bid .88) Low = .85 nowwhat2 03/05/21 10:55:59 AM
#98   Well the low on the day = 1.07 nowwhat2 03/03/21 03:40:53 PM
#97   Well, not that one...yet...but this one... Stingray 03/03/21 03:32:36 PM
#96   Last .86 - Low .84 nowwhat2 03/03/21 03:27:30 PM
#95   Yup, already below trend line...next big dip with Stingray 03/03/21 03:19:46 PM
#94   https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162301667 Likewise ? ; nowwhat2 03/03/21 03:04:02 PM
#93   It's back in my buy range...but think the Stingray 03/03/21 02:50:22 PM
#92   Bid 1.16 Ask 1.17 LOW = 1.12 (= nowwhat2 03/03/21 11:04:09 AM
#91   Well, it looks like it's already TRIED to nowwhat2 03/02/21 08:02:12 PM
#90   Remarkable similarity....ya really think it'll break to the Stingray 03/02/21 07:30:20 PM
#89   re: Technical trading, etc., etc. nowwhat2 03/02/21 12:52:20 PM
#88   $HPQFF HPQ Receives its First Mini-Generator Set Based AskMuncher 02/28/21 05:26:39 PM
#87   I pretty much sold everything on Friday and Stingray 02/23/21 02:18:01 PM
#86   investorshub.advfn.com/uimage/uploads/2021/2/23/xjc[zhpq_2_23_1y_buy_sell_darn_missed_low.jpg nowwhat2 02/23/21 02:09:14 PM
#85   A Barchart opinion on what to do about HPQFF. Twotone 02/22/21 06:36:27 PM
#84   You are the chartmeister!! Nice work as usual...!! Stingray 02/18/21 12:27:16 PM
#83   fwiw nowwhat2 02/18/21 12:23:06 PM
#82   You did well...congrats!! I'll be a buyer at Stingray 02/18/21 12:06:43 PM
#81   Hi - Meant to inform ya' but was nowwhat2 02/18/21 12:03:07 PM
#80   That's a great presentation....thanks for posting it. The Stingray 02/17/21 02:27:07 PM
#79   A new investor presentation ? nowwhat2 02/17/21 01:39:56 PM
#78   Been in since the .80s - I think Stingray 02/16/21 04:31:32 PM
#77   Did not asume that at all, was just Dutchieboy 02/16/21 04:09:59 PM
#76   A much nicer video IMHO - Plus I've nowwhat2 02/16/21 04:07:13 PM
#75   Someone did a little DD video on hpq, Dutchieboy 02/16/21 03:52:17 PM
#74   bought in here, did many hours of DD Dutchieboy 02/16/21 03:43:21 PM
#73   Here ya go. https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html? davidc2 02/10/21 05:18:19 PM
#72   Kick you're feet back and enjoy the run... Stingray 02/10/21 01:51:55 PM
#71   Oooo la-la.......Look at what happens next here eh ? nowwhat2 02/10/21 01:49:17 PM
#70   I got in mid .80s HPQFF and PRYNF Stingray 02/10/21 01:40:51 PM
#69   investorshub.advfn.com/uimage/uploads/2021/2/10/jcflkhpq_2_10_1y_BO_silicon_BO_buy.jpg[/chart nowwhat2 02/10/21 01:36:29 PM
#68   Ha, this one has is getting a pulse....grabbed Stingray 02/10/21 01:22:07 PM
#67   All around the tub nowwhat2 02/10/21 12:46:33 PM
#66   Very good DD video on HPQFF https://youtu.be/b8bjc04nhH8 m_m7 02/05/21 06:09:45 PM
#65   Effective Feb. 3,2021 URAGF will change to HPQFF: Renee 02/02/21 09:13:42 AM
#64   URAGF is looking good. I'm a buyer. Stingray 01/26/21 12:16:30 AM
#63   Nice interview.......Wo nowwhat2 12/29/20 09:50:16 PM
#62   ttps://www.globenewswire.com/news-release/2020/12/17/2147088/0/en/HPQ-NANO-Reach ElvisCobain 12/17/20 10:12:07 AM
#61   Cant see what you posted but the buys davidc2 12/06/20 08:46:55 AM
#60   No eyes in this? Can anyone explain cchackal 12/05/20 03:04:03 PM
Consent Preferences