• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Unigold Reports 15.7 Meters at 7.45 g/t Gold and 1.1 Percent Copper

    Charlotte McLeod
    Jan. 25, 2016 04:58PM PST
    Base Metals Investing

    Unigold Inc. (TSXV:UGD) announced results from ongoing exploration at its Dominican Republic-based Neita concession.

    Unigold Inc. (TSXV:UGD) announced results from ongoing exploration at its Dominican Republic-based Neita concession.
    As quoted in the press release:

    Exploration drilling testing potential high grade feeder zones at the Candelones Extension deposit commenced at “Target A” (Ref. Figure 1.0); evaluating a zone of massive sulphides intersected in late 2013 in hole LPMET-01 (6.93 g/t Au; 0.6% Cu / 22.0m).
    LP15-93 was designed to test 40 – 50 metres to the southwest of LPMET-01 and 40 – 50 metres above hole LP17 (6.05 g/t Au; 0.8% Cu / 6.0m.
    LP15-93 intersected a broad zone of stratabound mineralization that returned:

    230.1 to 334.0 metres103.9 metres(1)2.09 g/t Au0.3% Cu;

    including a massive sulphide lens averaging:

    298.6 to 314.3.0 metres15.7 metres(2)7.45 g/t Au1.1% Cu;

    Joseph Del Campo, interim president and CEO of Unigold, commented:

    We are very excited with the results from the first hole of our winter exploration program. The discovery of a discordant lens of high grade massive sulphide within the broader, lower grade, stratabound mineralization previously drilled on 100 metre centers, demonstrates the potential we are attempting to capture with this targeted exploration program. This model, of higher grade feeder zones within a broader zone of lower grade mineralization, is consistent with other gold / copper deposits within the Tireo Formation of the Dominican Republic and we believe there is an excellent opportunity to increase the mineral resources at the Candelones Extension.

    Click here to read the full Unigold Inc. (TSXV:UGD) press release.

    unigold inctsxv:ugdcopper deposits
    The Conversation (0)

    Go Deeper

    AI Powered
    Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu

    Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu

    Osisko Metals Intersects 0.33% Cu Over 258 Metres at Gaspé

    Osisko Metals Intersects 0.33% Cu Over 258 Metres at Gaspé

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×