Unigold Inc. (TSXV:UGD) announced that drilling has resumed on the Neita Concession in the Dominican Republic. Field crews have been mobilized to drill the Loma de Montazo target.
As quoted in the press release:
The advanced exploration targets identified for this 5,000 meter phase of the 2014 drill program have been extensively examined geologically and have been defined through the detailed field work and exploration efforts completed during 2014. The first target to be tested is Loma De Montazo, which is located approximately 2 kilometers along the north-west trend from Candelones, where an inferred mineral resource of 39.5 million tonnes averaging 1.6 g/t gold for 2.0 million ounces of gold has been previously defined.
Unigold Inc. President and CEO, Andrew Cheatle, said:
We are also very pleased to have our Board support to complete this work. Unigold’s owned drill has now been mobilized to our first target and our locally trained and skilled drill crews are keen and ready to begin drilling.