Initial 2 Million Ounces Gold Inferred at Unigold Inc.’s Candelones Project in the Dominican Republic
Unigold Inc. (TSXV:UGD) announced the initial mineral resource estimate for its Candelones Main, Extension and Connector Zones within its wholly owned, 22,600 hectare Neita Concession in the Dominican Republic.
As quoted in the press release:
Open pit (inferred) 33.8 M tonnes averaging 1.5 g/t Au 1.6 M ounces Au Underground (inferred) 5.7 M tonnes averaging 2.4 g/t Au 0.4 M ounces Au TOTAL 39.5 M tonnes averaging 1.6 g/t Au 2.0 M ounces Au
Unigold President and CEO, Andrew Cheatle, said:
We are delighted with the results of our maiden mineral resource estimate at Candelones which we delivered within 18 months of discovering significant gold mineralization, with exceptional continuity, at the Candelones Extension. This multi-million ounce mineral resource represents only a small portion of our land position and confirms that the Central Cordillera of the Dominican Republic offers outstanding potential for additional significant discovery: a potential that we intend to capture as we begin to evaluate multiple targets along the Candelones trend and elsewhere within our 22,600 hectare concession.
Click here to read the Unigold Inc. (TSXV:UGD) press release
Click here to see the Unigold Inc. (TSXV:UGD) profile.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1816.48 | -2.33 | |
Silver | 20.73 | -0.01 | |
Copper | 3.76 | -0.02 | |
Palladium | 1980.00 | +18.00 | |
Platinum | 918.00 | -1.00 | |
Oil | 110.05 | +0.27 | |
Heating Oil | 3.95 | -0.01 | |
Natural Gas | 6.49 | -0.01 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.