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Unigold Inc.

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Summary

Project:

Neita

Deposit:Candelones Extension
Location:Dominican Republic
Commodities:Gold-Silver-Copper-Zinc
Date:3/20/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-3-2020: Unigold Inc. announces an Exploration/Drilling Update report for its Candelones Extension deposit at the Neita project. Drilling results incl. 95.5m @ 1.23g/t Au, 2.1g/t Ag, 0.1% Cu, 0.34% Zn from 238.5m. Toronto, Ontario, March 20, 2020 – Unig
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:Toronto, Ontario, March 20, 2020 – Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce results from its ongoing drill program at the Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic. Drill hole LP20-144 was positioned to target an undrilled area of low interpolated gold values in the historical mineral resource estimate. LP20-144 intersected a broad zone of disseminated mineralization that, like other areas within the pit-constrained resource, is consistent in both grade and continuity. A total of 95.5 meters averaging 1.23 g/t Au, 2.1 g/t Ag, 0.10% Cu and 0.34% Zn was returned. LP20-144 targeted the area 75 meters below holes LP19-140 (38.0 meters averaging 2.43 g/t Au, 48.2 g/t Ag, 0.15% Cu and 1.66% Zn) and LP19-142 (60.4 meters averaging 1.51 g/t Au, 5.1 g/t Ag, 0.07% Cu and 0.77% Zn)(Ref. Figure 1.0).

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