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 (DR). It is focused on exploring and developing its significant land position in the DR, within the highly prospective Cretaceous-age Tireo Formation. The Company’s Neita Concession encompasses 21,031 hectares (ha) of the Tireo Formation, a thick sequence of intermediate volcanic and volcanoclastic rocks produced by island arc volcanism that are highly prospective for Porphyry Cu and Cu-Au deposits; High to low sulphidation Au and Au-Ag epithermal deposits, and Volcanogenic Hosted Massive Sulphide (VHMS) Au-Ag-Cu-Pb-Zn deposits. Its Candelones Project is located south of the town of Restauracion in the northwestern Dajabon Province of the Dominican Republic. Its Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabon province, in the northwest part of the Dominican Republic.

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Unigold Inc

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Post by believeingoldon Sep 15, 2009 2:14pm

365 Views

Post# 16307652

gold holds 1000$ mark

Gold is holding above 1000$/oz unigold gold deposit near surface in a stable country runs by saudi major shareholders will be profitable to exploit.Heard that they got most of their money back for the ABCP paper from the National Bank of Canada to work on the property. I think big investment is coming or a takeover bid is possible don't forget that they have a 18 years tax holliday on income, sales and royalty.

Long UGD

GLTA

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