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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 (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

Bullboard Posts
Comment by mephistopheles93on Jun 06, 2012 2:48pm
127 Views
Post# 19986259

RE: I do not get the title of the news release!!

RE: I do not get the title of the news release!!

Yiou are mixing up different holes. That was LP-17, today was LP-26

 

Assays have been received for drill holes LP24, LP25 and LP26 from the Candelones Extension (Lomita Piña) zone. Significant results from hole LP26 include:

  • 41.0 meters of 1.44 g/t gold from 312 to 353 metres. Full results reported in the table below. The Company has also released significant results of silver, copper and zinc coincident with reported gold values; these have the potential to add significant credits to the developing deposit.
Bullboard Posts