PFS engineering on oxide portion of the Candelones deposit is continuing with results expected at the end of Q1 Updated Sulphide resource estimate is underway; includes over 35,000m of additional drilling since previous estimates in 2015 Drilling continues to focus on along-strike expansion of known mineralization at Candelones; new drills will allow depth extension of the high-grade epithermal mineralization to be tested [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the December Metals & Mining Virtual lnvestor Conference are now available for on-demand viewing. https://bit.ly/37L6hIV The company presentations will be [...]
Drilling expands Target C mineralization 75 metres to depth and defines eastern extension LP20-176 intersected 7.0 meters averaging 15.06 g/t Au, 4.4 g/t Ag, 0.45% Cu and 6.33% Zn LP20-178 collared in and remained in an interpreted bounding fault for a down-dropped graben; The structural interpretation opens up new exploration targets between Targets B and C in a sparsely drilled area LP155 intersected target [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss [...]
Step-out drilling successfully extends Target C a further 75 metres to the east and 75 metres to depth; LP20-170 intersected 13.0 meters averaging 5.17 g/t Au, 4.2 g/t Ag, 0.1% Cu and 1.67% Zn and a deeper intercept of 5.0 meters averaging 7.44 g/t Au, 10.0 g/t Ag, 0.47% Cu and 0.0% Zn; LP20-172 intersected 3.0 meters averaging 3.98 g/t Au, 2.2 g/t Ag, 0.1% Cu and 1.85% Zn and a deeper intercept of 4.0m averaging 7.18 g/t [...]
Drilling at the eastern targets has not only extended Target B by 40 metres to the east but also intersected the possible extension of Target A in the footwall behind Target B LP20-151 intersected Target B epithermal mineralization which returned 8.0 meters averaging 4.27 g/t Au, 1.3 g/t Ag, 0.1% Cu and 0.6% Zn; LP20-151 also intersected a 39.0 meter interval of massive and semi-massive sulphide grading 0.71 g/t Au, which [...]
LP20-162 intersected 14.0 meters averaging 14.94 g/t Au, 51.6 g/t Ag, 0.3% Cu, 3.6% Zn and a second interval of 6.0 meters averaging 10.30 g/t Au, 5.0 g/t Ag, 0.3% Cu and 1.7% Zn; The mineralization is localized at the upper and lower contact of a magnetic mafic dike which was targeted as a potential marker unit; The high-grade mineralization is within 100 meters of surface; The results suggest that the magnetic mafic [...]
LP20-160 intersected 8.0 meters averaging 16.48 g/t Au, 57.7 g/t Ag, 0.3% Cu and 0.8% Zn; Consistent mineralization shows most assays between 5 g/t and 42 g/t Au Newest intersection is only 125 meters from surface; Highest grades occur at Target C proximal to late mafic dikes; Magnetic mafic dikes appear to be highlighting the location of feeder systems which may allow for more precise drill targeting; Eleven holes [...]
Unigold Inc. is pleased to report that the Technical Report titled “Updated Mineral Resource Estimate For The Candelones Project, Neita Concession, Dominican Republic” has been filed on SEDAR. The Technical Report, with an effective date of August 17, 2020, provides the required technical disclosure supporting the Company’s recent upgrade of oxide resources to the Measured and Indicated categories. The Company expects to [...]
Unigold Inc. Corp. announces that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of an aggregate of up to 6,000,000 common shares of the Company . An aggregate of 4,500,000 Options were issued with an exercise price of $0.34 per Share, with an expiry date of September 28, 2021. The remaining 1,500,000 Options were [...]
Unigold Inc. Corp. is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of UGDIF. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Unigold’s common shares will continue to trade on the TSX Venture Exchange under the symbol UGD, and on the Frankfurt Stock Exchange under the symbol UGD1. The OTCQX Best Market provides [...]
Over 80% conversion of Inferred oxide resource to Measured and Indicated categories; Pit constrained Measured and Indicated Oxide Resource of 3.43 M tonnes averaging 0.84 g/t Au in a low strip starter pit; Inferred Oxide Resource of 1.61 M tonnes averaging 0.74 g/t Au within the same starter pit; Waste : Resource ratio of oxide starter pit is 0.2:1.0; Exploration drilling has resumed at the Candelones Extension; TORONTO [...]
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