Unigold Inc. is pleased to announce results from its ongoing drill program at the Candelones Extension deposit, part of the Company's 100% owned Neita Concession in the Dominican Republic. Holes LP19-140 and 142 were drilled from a common collar and targeted to test the up-trend continuity of Target B towards surface at about a 100 m depth. Both holes intersected broad widths of mineralization with LP19-140 returning 38.0 [...]
Unigold Inc. is pleased to announce results from its ongoing drill program at the Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic. Hole LP19-138, testing massive sulphide mineralization at Target A ; intersected massive to semi-massive mineralization that assayed 3.04 g/t Au and 0.26% Cu over 43.0 meters within a larger 129.50 meter interval of 1.90 g/t Au [...]
Unigold Inc. is pleased to announce results from its ongoing drill program at the Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic. Hole LP19-137, testing massive sulphide mineralization at Target A ; intersected massive to semi-massive mineralization over 15.3 meters that graded 5.75 g/t Au and 0.52% Cu within a larger 43.1 meter interval that averaged 2.79 [...]
Unigold Inc. is pleased to announce the following results from 28 vertical drillholes completed in late 2019 that tested the oxide resource potential at its 100% owned Neita Concession in the Dominican Republic. In conjunction with historical drillholes, trenches and the 2018 test pit program, this drill program has confirmed that oxide mineralization extends over an area measuring approximately 800 meters in length and [...]
Unigold Inc. is pleased to announce additional assay results from its Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic. Holes LP19-134M and LP19-135 were drilled to test an interpreted sub-vertical feeder system at Target B, approximately 150 meters west of the massive sulphide mineralization at Target A . LP19-134M intersected 24.0 m of 4.59 g/t Au, 3.4 g/t [...]
Unigold Inc. announces, that it has granted to consultants of the Company, pursuant to the terms of the Company's stock option plan, a total of 250,000 stock options, each such stock option entitling the holder to purchase one common share of the Company at a price of $0.23 for a period of five years. These stock options vest immediately following the grant date and are governed by the terms and conditions of the [...]
Unigold Inc. is pleased to announce additional results from two drill holes targeting gold-rich massive sulphide mineralization at the Company’s 100% owned Neita Concession in the Dominican Republic. These holes were drilled primarily to collect sample material for a metallurgical test program to be completed in 2020 and to improve the confidence in the existing resource model. Exploration drilling, targeting the [...]
Unigold Inc. is pleased to announce initial results from the first hole of the Company’s 2019 Exploration Program at the 100% owned Neita Concession in the Dominican Republic. LP19-131M intersected three distinct massive sulphides intervals within a broad mineralized interval that assayed 1.94 g/t Au and 0.2% Cu over 136.7 m . The thickest zone of massive sulphide mineralization assayed 5.67g/t Au and 0.4% Cu over [...]
Unigold Inc. announces, with deepest regret, the death of one of the Company’s Founders and a long serving Director, Mr. Daniel Danis. Daniel also served as the Company’s Vice-President Exploration, Chief Operating Officer and Chief Executive Officer during his time with Unigold. Daniel was instrumental in obtaining the Neita Concession in the Dominican Republic in 2002. Daniel, a tenacious exploration [...]
Unigold Inc. is pleased to announce exploration on the Company’s 100% owned Neita Fase II Exploration Concession, located in the Dominican Republic, will resume in early October. The Company’s Board of Directors have approved up to 20,000 meters of diamond drilling with a total Budget of CAD $2.5M. The exploration program has the following objectives: Upgrade 50% of the inferred mineral resources to an [...]
Unigold Inc. is pleased to announce that Joseph Hamilton has been appointed Chairman and Chief Executive Officer of the Company effective October 1, 2019. Mr. Hamilton replaces Joseph Del Campo, the Interim President and CEO. In addition, Mr. Del Campo will remain on the Board of Directors. Mr. Charles Page has been appointed Lead Director. "I have had the opportunity to act as Chairman of Unigold for the past 9 years [...]
Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 32,350,000 units of the Company at a price of $0.10 per Unit for gross proceeds of C$3,250,500. The funds will be used for continued exploration on the Neita Concession as the Company seeks to enlarge the known mineralization, and expand on the last results reported in 2016. “This financing is the first that we have [...]