For thousands of other reports visit RSC's Mineral Intellingence Map
Unigold Inc.
Summary
| Project: | Neita | |
|---|---|---|
| Deposit: | Candelones Extension | |
| Location: | Dominican Republic | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 12/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-12-2019: Unigold Inc. announces an Exploration/Drilling Update report for its Candelones Extension deposit at the Neita project. Drilling results incl. 136.90m @ 1.83g/t Au, 2.00g/t Ag, 0.15% Cu, 0.20% Zn from 303.70m. Toronto, Ontario, Dec 17, 2019 – | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Wes Hanson (Internal) | |
| ABSTRACT: | Toronto, Ontario, Dec 17, 2019 – Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce additional assay results from its Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic. Holes LP19-134M and LP19-135 were drilled to test an interpreted sub-vertical feeder system at Target B, approximately 150 meters west of the massive sulphide mineralization at Target A (Ref. Figure 1.0). LP19-134M intersected 24.0 m of 4.59 g/t Au, 3.4 g/t Ag, 0.54% Cu and 0.23% Zn within a broader 106.0 m interval of 1.90 g/t Au, 2.8 g/t Ag, 0.22% Cu and 0.30% Zn (Ref. Table 1.0). This drill hole is a 50-meter stepout from a 2016 drillhole (PR2016-03, March 4, 2016) that intersected the top of the system and returned 4.8 m of 7.32 g/t Au, 52.0 g/t Ag, 0.2% Cu and 2.7% Zn (LP16-98 in Ref. Figure 2.0). LP19-135 was drilled 50 meters below and 20 meters to the east of LP19-134M (Ref. Figure 2.0). LP19-135 intersected 23.7 m grading 6.03 g/t Au, 4.9 g/t Ag, 0.31% Cu and 0.10% Zn within a larger 136.9 m interval of 1.83 g/t Au, 2.0 g/t Ag, 0.15% Cu and 0.20% Zn. A third hole, LP19-136 targeted the same sub-vertical feeder system 50 meters deeper. Unfortunately this hole was terminated prematurely in mineralization at a depth of 454 meters, 150 meters short of the target depth, due to excessive caving in the drill hole. Assay results for LP19-136 are pending. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report