2024-08-16 | Urbana Corporation Urban Township Area Mining News | TSX:URB

Date:

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — Urbana Corporation (“Urbana” or the “Corporation”) (TSX and CSE: URB, URB.A) holds a significant gold prospect in Urban Township, Quebec comprised of 44 claims or 1,154.4 hectares (2,852.7 acres) in the Urban-Windfall Gold Camp (“Urbana’s Holdings”).

Urbana’s Holdings are carried at a zero valuation on Urbana’s financial statements.

Urbana welcomes Gold Fields Limited’s (“Gold Fields”) increased involvement in the area with its $2.16 billion acquisition of Osisko Mining Inc. (“Osisko”) and looks forward to their continuing development of the Windfall mining project.

Urbana’s Holdings are immediately adjacent to both…

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