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Unigold Returns Positive Drill Results from Dominican Republic Concession
Nov. 26, 2012 02:30PM PST
Gold Investing
Unigold Inc. (TSXV:UGD) announced additional drill results for four holes testing two anomalies on the Candelones Extension, which is located on the company’s 100-percent-owned Neita Concession in the Dominican Republic. The company noted that LP 52 is one of the best holes drilled at the concession to date.
Unigold Inc. (TSXV:UGD) announced additional drill results for four holes testing two anomalies on the Candelones Extension, which is located on the company’s 100-percent-owned Neita Concession in the Dominican Republic. The company noted that LP 52 is one of the best holes drilled at the concession to date.
According to the press release, drill highlights include:
- Drill hole LP 52 returned 69.4 m @ 3.75 g/t gold and 1.6 % zinc, including 15.8 m @ 11.4 g/t gold and 5.1 % zinc.
- Drill hole LP 50 returned 20.2 m @ 2.6 g/t gold and 1.1 % copper
Andrew Cheatle, president and CEO of Unigold, commented:
We were very happy to see grades and widths improve on the step back to LP 20 and LP 48 on Anomaly B. We were also pleased that mineralization extended further to the east on IP Anomaly A.
Click here to read the full Unigold Inc. (TSXV:UGD) press release.