Investors like long core length good gold grade UGD.V reported several LONG CORE LENGTH of low grade gold. Investors like long core length showing average mineralization because it is an indication of commercially economical mineralization. Pay attention to the depth of the drill cores, they are well over 200 meters to well over 300 meters. Gold concentration is higher at the depth.
https://www.unigoldinc.com/st/investors/press-releases-and-news/index.html
UGD.V Weekly Chart
https://stockcharts.com/h-sc/ui?s=UGD.V&p=W&yr=2&mn=11&dy=0&id=p63487910936
Now look at the depth of our drill cores, they are well less than 100 meters or less than 200 meters. I have submitted a suggestion to the management in its website to drill deep holes ( between 400 meters to 1000 meters) , I said we will very likely to have very long core length of bonanza gold grade. I am not sure if my suggestion has fallen on deaf ears. Based on our high gold grade just at less than 100 meters deep, I am sure deep hole drilling will yield assays that will send share price to $7 just as Noront Resources did. So concerned shareholders should pass my message on.
Former Aurelian Resources drilled many DEEP HOLES in a hill named Fruta Del Norte in Ecuador and yielded LONG CORE LENGH of bonanza gold grade with a total of 13 million ounces of gold deposits. Share price surged from 15 cents to $10 (post 1 to 4 split price) in just 6 months. Kinross Gold bought out all the shares of Aurelian at $8 per share in the $1.2 billion deal.
https://www.youtube.com/watch?v=4vLwL5sOl04
Assays results from Red Cliff properties |
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June 8 2012 |
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DDH No. |
From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-2012-MON-3 |
67.07 |
71.34 |
4.27 |
62.38 |
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June 5 2012 |
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DDH No. |
From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-2012-MON-1 |
66.16 |
69.82 |
3.65 |
12.8 |
DDH-2012-MON-2 |
53.96 |
55.49 |
1.52 |
2.06 |
and |
63.11 |
64.63 |
1.52 |
2.17 |
DDH-2012-MON-3 |
67.07 |
71.34 |
4.27 |
8.4 |
DDH-2012-MON-4 |
72.47 |
73.17 |
0.7 |
7.54 |
and |
104.57 |
106.1 |
1.52 |
2.9 |
DDH-2012-MON-5 |
72.56 |
73.93 |
1.37 |
2.26 |
and |
75.61 |
78.35 |
2.74 |
1.26 |
DDH-2012-MON-6 |
77.13 |
81.71 |
4.57 |
3.04 |
DDH-2012-MON-7 |
73.93 |
82.32 |
8.38 |
4.66 |
and |
91.62 |
92.68 |
1.07 |
6.13 |
and |
100 |
100.41 |
4.1 |
7.62 |
DDH-2012-MON-8 |
96.95 |
98.48 |
1.52 |
1.02 |
Average |
13 |
holes/intervals |
= |
4.76 |
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March 5 2012 |
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From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-MON-11-30 |
49.39 |
60.37 |
10.35 |
5.37 |
and |
75.61 |
85.52 |
9.91 |
5.84 |
and |
90.85 |
103.05 |
12.2 |
2.81 |
DDH-MON-11-39 |
96.95 |
103.05 |
6.1 |
6.76 |
and |
112.8 |
115.24 |
2.44 |
2.37 |
and |
121.34 |
124.39* |
3.05 |
1.51 |
Average |
6 |
holes/intervals |
= |
4.11 |
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February 9 2012 |
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No. |
From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-MON-11-20 |
23.78 |
27.13 |
3.35 |
3.33 |
and |
48.17 |
51.22 |
3.05 |
3.16 |
and |
142.68 |
145.73 |
3.05 |
3.25 |
DDH-MON-11-23 |
49.24 |
54.27 |
5.03 |
9.99 |
and |
55.18 |
56.71 |
1.53 |
3.7 |
and |
57.32 |
58.99 |
1.67 |
3.2 |
and |
62.35 |
72.56 |
10.21 |
4.47 |
DDH-MON-11-28 |
102.9 |
104.88 |
1.98 |
12.26 |
and |
112.2 |
125.91 |
13.71 |
7.91 |
and |
150.91 |
153.81 |
3.05 |
4.42 |
Average |
10 |
holes/intervals |
= |
4.92 |
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November 23 2011 |
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No. |
From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-MON-11-18 |
74.09 |
87.65 |
13.54 |
5.05 |
DDH-MON-11-19 |
23.63 |
25.61 |
2.02 |
67.4 |
and |
72.67 |
82.01 |
9.14 |
3.97 |
DDH-MON-11-21 |
54.27 |
69.51 |
15.24 |
4.7 |
DDH-MON-11-22 |
53.66 |
67.84 |
14.18 |
18.01 |
DDH-MON-11-24 |
17.68 |
33.54 |
15.86 |
10.2 |
and |
66.46 |
86.28 |
19.82 |
6.02 |
DDH-MON-11-27 |
96.49 |
100 |
3.51 |
9.3 |
and |
102.9 |
133.54 |
30.64 |
14.6 |
Average |
9 |
holes/intervals |
= |
14.91 |
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October 11 2011 |
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No. |
From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-MON-11-7 |
115.2 |
116.6 |
1.4 |
3.9 |
DDH-MON-11-8 |
126.8 |
134.9 |
8.1 |
8.08 |
DDH-MON-11-9 |
131.7 |
140.6 |
8.9 |
28.1 |
DDH-MON-11-10 |
83.5 |
86.4 |
2.9 |
2.7 |
DDH-MON-11-11 |
138.6 |
146 |
7.4 |
43.7 |
Average |
5 |
holes/intervals |
= |
17.30 |
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October 5 2011 |
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From (m) |
To (m) |
Width (m) |
Au g/t |
DDH-MON-11-1 |
162.8 |
164.02 |
1.21 |
2.21 |
and |
167.07 |
172.01 |
3.81 |
3.24 |
DDH-MON-11-2 |
173.17 |
186.13 |
13 |
10.06 |
DDH-MON-11-5 |
147.1 |
156.71 |
9.3 |
4.46 |
DDH-MON-11-6 |
121.8 |
128.66 |
6.85 |
11.01 |
Average |
5 |
holes/intervals |
= |
6.20 |
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The average grade in the above 6 batches = |
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8.70 |
grams per tonne |
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or 0.25 ounce per tonne |
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or 0.25 million ounces per million tonne |
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