Unigold Inc. is pleased to announce that the application for the Nieta Sur Exploitation concession has moved to the next stage of review. The Dirección General de Minería , a department of the Ministerio de Energía y Minas , has completed their technical review of the application which included public announcements, perimeter verification, landowner reviews, technical and economic evaluations of the project design and [...]
Unigold Inc. is pleased to announce that it has closed a second and final tranche of a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $1,600,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise [...]
Unigold Inc. is pleased to announce that it has closed a first tranche of a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $1,600,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of [...]
Unigold is pleased to announce a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $1,600,000. Each Unit will consist of one common share of the Company (a and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 until the date that is the earlier [...]
Unigold is pleased to provide an update on permitting, engineering and environmental activities surrounding the Candelones Oxide Project. Activities remain on schedule and the Company expects to be able to deliver a NI43-101 compliant FS, an ESIA and an approved Exploitation Concession licence during the third quarter of this year. In late February 2022, the Company submitted an application to convert a portion of the [...]
Unigold announces that the TSX-V has approved the extension of the expiry dates of a total of 16,629,167 share purchase warrants, by six months to December 23, 2022. The Warrants were issued pursuant to a private placement which closed on June 23, 2020. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other terms of the Warrants, including [...]
Unigold announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants, by six months to December 23, 2022. The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on June 23, 2022. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all [...]
The Exploitation Concession Application review by the Directorate of Mines in the Dominican Republic has been completed and the application has moved to the next stage with no comments received to date Final assays from oxide delineation drilling have been received and are being incorporated into a new Mineral Resource Estimate and mine plan Geotechnical work to support the Heap Leach Facility design is ongoing Field work [...]
Application for a 9,990 ha Exploitation Licence encompassing the known gold deposits at Candelones has been submitted and accepted as complete Results from Run-of-Mine column tests demonstrate recoveries of 95% after 90 days, exceeding PEA assumptions. Column test results indicate potential to reduce reagent costs. Results received to date for Q4/2021 oxide drilling confirm modeled grades. Over 92% of the oxide holes [...]
Application for Exploitation License expected in Q1/2022 Initiation of feasibility work underway Initiation of Environmental and Social Impact Assessment is pending final approval of the Terms of Reference; baseline studies continue Drilling to convert Inferred Oxide Resources to the Measured & Indicated Category is substantially complete with assay results anticipated in Q1/2022; Corporate Social Responsibility programs [...]
Unigold Inc. is pleased to announce the appointment of Gordon Babcock, P.Eng. as Chief Operating Officer . Mr. Babcock will be responsible for supervising all engineering and technical activities of Unigold Inc. and it's operating subsidiaries as Unigold moves towards development of its Candelones Project. Mr. Wes Hanson, the current COO of the Company, will assume the role of Vice-President of Exploration and continue to [...]
Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 18,000,000 units of the Company at a price of $0.13 per Unit for gross proceeds of C$2,340,000 . Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.15 until February [...]