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 [...]
Unigold reports the longest, highest grade intersection drilled to date at Neita: 30 metres averaging 9.02 g/t gold, 5.1 g/t silver, 0.63% copper Intercept is contained within a larger interval of 104.1 metres grading 3.14 g/t gold, 2.1 g/t silver, 0.27% Cu. Gold grades are consistent throughout the interval, ranging from 4 g/t to 19 g/t gold Geological interpretation that system is strengthening to depth is reinforced by [...]
Unigold Inc. is pleased to announce that it has retained Clarkham Capital Ltd. to provide investor relations services in the European markets. Our existing IR consultant, Adelaide Capital , continues to provide branding, website development and IR services in North America. Clarkham will be responsible for building awareness and gaining exposure within European markets, on European third-party investing websites, managing [...]
Unigold Inc. is pleased to provide an update on the status of its exploration program at the Neita Concession in the Dominican Republic. The Company completed 48 diamond drill holes as of March 15, 2020, when travel restrictions to limit the spread of COVID in Canada and the Dominican Republic forced the suspension of active exploration drilling. Two holes were in progress at the time of the suspension with both holes [...]
Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 33,333,334 units of the Company at a price of $0.18 per Unit for gross proceeds of approximately C$6,000,000 . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price [...]
Unigold Inc. is pleased to announce an increase in the size of its previously announced non-brokered private placement of units of the Company . Due to oversubscribed demand, the private placement will now consist of up to 33,333,334 units at a price of $0.18 per Unit for gross proceeds of approximately $6,000,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant [...]
Unigold Inc. is pleased to announce a non-brokered private placement of up to 12,000,000 units of the Company at a price of $0.18 per Unit for gross proceeds of up to $2,160,000 . Each Unit will consist 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 $0.30 until the date that is the [...]
Unigold Inc. is pleased to report on the completion of Phase 1 Metallurgical Studies of high-grade composite samples collected from the Candelones deposits on the Neita Concession, Dominican Republic. Composite samples were collected from large diameter drill cores recovered in October and November of 2019. Metallurgical testing was performed at Bureau Veritas Minerals – Metallurgical Division in Richmond B.C., under the [...]