Sunday 23rd October 2016

Resource Clips

Unigold reports Dominican Republic Gold Assays up to 3.81 g/t over 77m

Resource Clips - essential news on junior gold mining and junior silver miningUnigold Inc TSXV:UGD reported results from the Candelones Project at its 100%-owned Neita Concession in the Dominican Republic. Highlights include

1.52 grams per tonne gold, 0.59 g/t silver, 0.07% copper, 0.74% zinc over 26 metres
(including 2.41 g/t gold, 1.17 g/t silver, 0.14% copper, 1.12% zinc over 12.4 metres)
10.26 g/t gold, 13.25 g/t silver, 1.48% copper, 0.11% zinc over 2 metres
3.81 g/t gold, 6.16 g/t silver, 0.1% copper, 1.09% zinc over 77 metres
(including 32.69 g/t gold, 63.9 g/t silver, 0.49% copper, 4.51% zinc over 6 metres)
4.36 g/t gold, 5.52 g/t silver, 0.66% copper, 0.21% zinc over 11.2 metres

President/CEO Andrew Cheatle commented, “With Hole LP28 we have added yet another 100 metres of strike length to the Candelones Extension deposit that we started to drill in 2011. Hole LP28 of the ongoing wide-spaced step out drill program is confirming the geometry and existence of an extensive, mineralized system. The intensity of the mineralization in Hole LP28 is significantly higher than previous results, with very significant and consistent high-grade values at the top of the zone. A second zone of gold mineralization is now being discovered below the Main Zone.”

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Andrew Cheatle

Amanda Dillon
Investor Relations

by Kevin Michael Grace

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