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.

TSXV:UGD - Post by User

Unigold Inc

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Post by believeingoldon Nov 07, 2010 8:46pm

436 Views

Post# 17671379

I'm Buying more.

It's just a matter of time. Still a lot of work being done on the field. Low grade with mining cost expected to be under 325$/oz with over 1M oz of gold, market cap shoulb be near 1B, really undervalued.They are looking to find the main shaft( feeder ) Barrick and Goldcorp their neibors don't have it so we can.

Believein UGD

GLTA

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