Unigold Updates Mineral Resource Estimate for the Candelones Project

junior miners

Measured and Indicated (“M&I”) Resources of 24.0 M tonnes averaging 1.50 g/t Au containing 1,158,000 ozs Au (includes 91,000 ozs of oxide). Inferred Resources of 25.4 M tonnes averaging 1.34g/t Au containing 1,099,000 ozs. Au (includes 36,000 ozs of oxide). M&I Resource contains 2.5 million ounces of silver and 65.7 million pounds of copper; Inferred […]

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Unigold Inc. Delivers Positive PEA for Candelones Oxide Project

dominican republic forest

PEA assumes 5,000 tonnes per day (“tpd”) run-of-mine heap leach operation Average annual payable gold production of 31,000 oz 50% Pre-Tax Internal Rate of Return (“IRR”), 35% After-Tax IRR US$50 Million Pre-Tax Net Present Value (“NPV”), US$34 Million After-Tax NPV After-Tax Payback Period 1.8 years from start of production Average annual after-tax free cash flow […]

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Unigold Announces Updated Mineral Resource Estimate for Candelones Oxide Project

nicaraguan wilderness

Unigold Announces Updated Mineral Resource Estimate for Candelones Oxide Project Over 80% conversion of Inferred oxide resource to Measured and Indicated categories; Pit constrained Measured and Indicated Oxide Resource of 3.43 M tonnes averaging 0.84 g/t Au (92,000 ozs Au contained) in a low strip starter pit; Inferred Oxide Resource of 1.61 M tonnes averaging […]

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