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

Bullboard Posts

Comment by precious45on Aug 21, 2013 5:21pm

208 Views

Post# 21687718

RE:RE:RE:RE:environmental permit- drill results

The GQC bullboard chat says GQC only managed to drill the periphery of the Guama zone as the permits hadn't been granted for the area they really wanted to drill. Permits have to be reapplied for every 6 months and the authorities apparently hadn't granted them in time for the drilling to happen on the areas they had highlighted for exploration. Having said that the results are a big disappointment for shareholders but only 5 holes were drilled, more to come I hope.

Bullboard Posts

Visionstate set to leverage success in the U.S. market