Unigold Inc. [TSX.V:UGD]

https://www.unigoldinc.com/

​

Unigold [TSX.V:UGD] is a Canadian based mineral exploration company focused primarily on exploring and developing its gold assets in the Dominican Republic.

 

UGD's Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabón province, in the northwest part of the Dominican Republic.

​

UGD has made an application to convert part of this this exploration concession into a 9,990 Ha Exploitation Concession: "Neita Sur". Unigold made a subsequent application to renew the Exploration Concession over those areas of Neita Fase II that do not fall within the Exploitation Licence area: "Neita Norte". The Neita Norte Concession was granted to UGD in Q2 2023. The Neita Sur Concession application is pending approval by the Dominican Government.

​

The Candelones project area is about 20 kilometers south of the town of Restauraćion. The oxide deposit occurs at surface as a result of the tropical weathering of underlying mineralization. UGD has been active in the Dominican Republic since 2002 and remains the most active exploration Company in the country.

​

The Neita Fase II exploration concession is the largest single exploration concession covering volcanic rocks of the Cretaceous Tireo Formation. This island arc terrain is host to Volcanogenic Massive Sulphide deposits, Intermediate and High Sulphidation Epithermal Systems and Copper-gold porphyry systems. Unigold has identified over 20 areas within the concession area that host surface expressions of gold systems. Unigold has been concentrating on the Candelones mineralization and continues to expand the deeper sulphide resources with on-going drilling.