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

Bullboard Posts

Comment by aknahowon Nov 12, 2014 10:22pm

107 Views

Post# 23123005

RE:RE:Help me understand it

IMO it could go up to 3 cents. They already had a discovery. One of the holes has been collared and still may have some value but if accurate 90% of targets still to be drilled.

UGD to me is a better bet than PRG.

Illustrates just how risky the exploration business is.

Bullboard Posts

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