Step-out drilling successfully extends Target C a further 75 metres to the east and 75 metres to depth; LP20-170 intersected 13.0 meters averaging 5.17 g/t Au, 4.2 g/t Ag, 0.1% Cu and 1.67% Zn and a deeper intercept of 5.0 meters averaging 7.44 g/t Au, 10.0 g/t Ag, 0.47% Cu and 0.0% Zn; LP20-172 intersected 3.0 meters averaging 3.98 g/t Au, 2.2 g/t [...]
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 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 [...]
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 [...]
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 mafic dikes appear to be highlighting the location of feeder [...]
Unigold Inc. is pleased to report that the Technical Report titled “Updated Mineral Resource Estimate For The Candelones Project, Neita Concession, Dominican Republic” has been filed on SEDAR. The Technical Report, with an effective date of August 17, 2020, provides the required technical disclosure supporting the Company’s recent upgrade of oxide [...]
Unigold Inc. Corp. announces that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of an aggregate of up to 6,000,000 common shares of the Company . An aggregate of 4,500,000 Options were issued with an exercise price of $0.34 per Share, with [...]
Unigold Inc. Corp. 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 the TSX Venture Exchange under the symbol UGD, and on the [...]
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 in a low strip starter pit; Inferred Oxide Resource of 1.61 M tonnes averaging 0.74 g/t Au within the same starter pit; Waste : Resource ratio of oxide starter pit is [...]
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 19 g/t gold [...]
Unigold Inc. is pleased to announce that it has retained Clarkham Capital Ltd. to provide investor relations services in the European markets. Our existing IR consultant, Adelaide Capital , continues to provide branding, website development and IR services in North America. Clarkham will be responsible for building awareness and gaining exposure [...]
Unigold Inc. is pleased to provide an update on the status of its exploration program at the Neita Concession in the Dominican Republic. The Company completed 48 diamond drill holes as of March 15, 2020, when travel restrictions to limit the spread of COVID in Canada and the Dominican Republic forced the suspension of active exploration drilling [...]
Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 33,333,334 units of the Company at a price of $0.18 per Unit for gross proceeds of approximately C$6,000,000 . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant [...]
