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 […]
Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD; OTCQX: UGDIF; FSE:UGB1) is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. (“Torrey Hills Capital”), a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the Company, subject to acceptance by the TSX Venture Exchange (“TSX-V”). Cliff […]
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 […]
Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD; OTCQX: UGDIF; FSE:UGD1) is pleased to announce the appointment of Sr. Ramón Oscar Tapia Marion Landais as the Country Director in the Dominican Republic. Sr. Tapia will be responsible for supervising all activities of Unigold Inc., and it’s operating subsidiaries, in the Dominican Republic as Unigold moves towards […]
PFS engineering on oxide portion of the Candelones deposit is continuing with results expected at the end of Q1 Updated Sulphide resource estimate is underway; includes over 35,000m of additional drilling since previous estimates in 2015 Drilling continues to focus on along-strike expansion of known mineralization at Candelones; new drills will allow depth extension of […]
Drilling at the eastern targets has not only extended Target B by 40 metres to the east but also intersected the possible extension of Target A in the footwall behind Target B LP20-151 (Target B) intersected Target B epithermal mineralization which returned 8.0 meters averaging 4.27 g/t Au, 1.3 g/t Ag, 0.1% Cu and 0.6% Zn; LP20-151 also intersected a 39.0 meter interval […]
LP20- 162 intersected 14 .0 meters averaging 14.94 g/t Au, 51.6 g/t Ag, 0.3% Cu , 3.6 % Zn and a second interval of 6.0 meters averaging 10.30 g/t Au, 5.0 g/t Ag, 0.3% Cu and 1.7% Zn ; The mineralization is localized at the upper and lower contact of a magnetic mafic dike which was targeted as a potential marker unit ; The high-grade mineralization is within 100 meters of surface; The results suggest that the […]
LP20-160 intersected 8.0 meters averaging 16.48 g/t Au, 57.7 g/t Ag, 0.3% Cu and 0.8% Zn ; Consistent mineralization shows most assays between 5 g/t and 42 g/t Au Newest intersection is only 125 meters from surface; Highest grades occur at Target C proximal to late mafic dikes ; Magnetic m afic dikes appear to be highlighting the location of f eeder systems which may allow for […]
Unigold Inc. (the “Company”) (TSXV: UGD) (FSE: UGD1) (OTCQX: UGDIF) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of UGDIF. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Unigold’s common shares will continue to trade on […]
Unigold reports the longest, highest grade intersection drilled to date at Neita: 30 metres averaging 9.02 g/t gold, 5.1 g/t silver, 0.63% copper Intercept is contained within a larger interval of 104.1 metres grading 3.14 g/t gold, 2.1 g/t silver, 0.27% Cu. Gold grades are consistent throughout the interval, ranging from 4 g/t to […]