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Unigold Inc V.UGD

Alternate Symbol(s):  UGDIF

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.


TSXV:UGD - Post by User

Post by austrochrison Jan 28, 2021 12:18pm
319 Views
Post# 32410137

unigold is on the right way !!

unigold is on the right way !!30 Million dollar capex for the oxide resource , 20 Dollar costs/ton means about 25 Dollar cash flow / ton ( 1850 Dollar ). With the extreme low stip ratio even more . Means short payback and enough money to explore , and the approval for the big mine is much easier ! Cheers!
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