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Unigold Inc. Identifies Near Surface Gold Mineralization at Connector Zone

Written by Investing News Network
|
Mar. 01, 2013 11:35AM PST

Unigold Inc. (TSXV:UGD) reported that ongoing drilling identified near surface gold mineralization at the Candelones “Connector Zone” located in the Neita Concession in the Dominican Republic. Results have been received to date on ten core holes from the Connector Zone.

Unigold Inc. (TSXV:UGD) reported that ongoing drilling identified near surface gold mineralization at the Candelones “Connector Zone” located in the Neita Concession in the Dominican Republic. Results have been received to date on ten core holes from the Connector Zone.

As quoted in the press release:

Highlights include:

  • DCZ 10 50.0 m averaging 1.51 g/t gold including 18.2 m averaging 2.99 g/t gold.
  • DCZ 09 33.0 m averaging 1.79 g/t gold.
  • DCZ 06 42.0 m averaging 1.16 g/t gold.

Unigold President and CEO Andrew Cheatle said:

The presence of near surface mineralization in our initial drilling at the Connector Zone continues to positively demonstrate additional gold mineralization within our Neita Property and reinforces the success we have had following up on recently identified IP targets within our Neita Concession. There are a number of untested IP anomalies within our project area that we are currently evaluating and prioritizing as we continue to build on our success in this exciting world-class exploration district.

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

See this press release on Marketwire
Click here to see the Unigold Inc. (TSXV:UGD) profile.

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