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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
Post by agooberon Aug 10, 2017 1:17pm
151 Views
Post# 26566813

project is not "a go" just yet. still need one more approval

project is not "a go" just yet. still need one more approvaland by the way, it's not a go yet with the DR government. when you read a news release make sure you read the entire thing carefully. 

"Final review and approval, and the granting of the concession, is made by the Ministry of Energy and Mines after a 30 day term has passed since the second publication, subject to comments from the public."

once this is completed, then the project will be "a go".
Bullboard Posts