UrbanGold Minerals Inc. announced the start of a ground induced polarization geophysics program on the Company's 100%-owned Pallador property in the Troilus-Frotet area, Quebec. The area targeted by the survey is interpreted to be on strike and located as close as 400 metres from the recent drilling completed by Kenorland Minerals which announced a major gold discovery in the area. Kenorland's drilling intersected 8.47 g/t Au over 29 metres with numerous other holes in the area having intersected gold values of interest. The IP survey covers two distinctly strong gold anomalies in soil and in an area where several gold bearing boulders of up to 102 g/t Au have been located by UrbanGold geologists (UrbanGold September 2, 2020 news release). The area is devoid of any bedrock exposure and the survey will assist in pinpointing drill targets for an upcoming initial drill program. The time domain IP survey will cover 8 line-kilometres in a dipole-dipole configuration with 25 metre spacing and 1 to 10 kVA power output separations, which will allow for high-definition of anomalies from sources up to 80 metres in depth. No historical drilling is recorded in the area with very little done exploration prior to UrbanGold's work. A high-resolution heliborne magnetic survey was completed over the area in August 2020 and permitted to determine with a high degree of confidence that the same geological formations that host the gold mineralization on the adjacent Kenorland property continue on the northwest portion of the main Pallador block, and where the anomalous gold targets discussed above are present.