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Unigold Inc. Identifies New Area of Mineralization

Investing News Network
Nov. 28, 2012 11:58AM PST
Resource Investing

Unigold Inc. (TSXV:UGD) announced significant results at its Neita Property from recent surface sampling, geological mapping and re-interpretation of historical drill and trench results. These results identified a new area of mineralization that include Candelones SE and Connector, collectively known as “the Connector Zone”. Geological mapping and trenching has also identified significant areas of mineralization and silicification corresponding with the IP anomalies.

 Unigold Inc. (TSXV:UGD) announced significant results at its Neita Property from recent surface sampling, geological mapping and re-interpretation of historical drill and trench results. These results identified a new area of mineralization that include Candelones SE and Connector, collectively known as “the Connector Zone”. Geological mapping and trenching has also identified significant areas of mineralization and silicification corresponding with the IP anomalies.

As quoted in the press release:

Candelones SE mineralization is coincident with a largely untested IP anomaly south / south east of Candelones Main Zone. Candelones Connector is coincident with the deeper IP anomaly interpreted to link Candelones Main and Candelones Extension (Lomita Piña) deposits (Figures 1 and 2). Gold mineralization in the broader Candelones area has now been demonstrated over a strike length of three kilometers.

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

See this press release on Marketwire

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