Unigold Inc V.UGD

Alternate Symbol(s): UGDIF

Metals & Mining Gold

Unigold Inc. is a junior natural resource company. The Company is in the business of exploring its mineral concession properties in the Dominican Republic. It is focused on exploring and developing its gold projects in the Dominican Republic. It owns 100% of the exploration rights for gold, silver, zinc, copper, and all associated minerals on the Neita Property (Neita) in the northwestern Dominican Republic. Its Neita concession covers 21,031 hectares (ha) area within the prospective Tireo Formation, a thick sequence of intermediate volcanic and volcanoclastic rocks produced by island arc volcanism that are prospective for porphyry copper (Cu) and copper-gold (Cu-Au) deposits; high to low sulphidation Au and gold-silver (Au-Ag) epithermal deposits; and volcanogenic hosted massive sulphide (VHMS) gold-silver-copper-lead-zinc (Au-Ag-Cu-Pb-Zn) deposits. The Candelones Project is located south of the town of Restauracion in the northwestern Dajabon Province of the Dominican Republic.

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Unigold Inc

Bullboard Posts

Post by Buzzard64on Feb 23, 2015 1:48pm

112 Views

Post# 23455716

WTH

As at December 31, 2014, the Company had cash balances of $638,850 (2013 – $5,015,425) and working capital of $644,245 (2013– $4,695,879). So it looks like they spent $4,000,000 in 2014 for what? What did they get for this $4,000,000....can anyone tell me?

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle