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Unigold Inc. announces new gold results from drilling Los Candelones deposit
Unigold Inc. announces new gold results from drilling Los Candelones deposit.
About this update from Unigold Inc.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES./\n\n\nTORONTO, Feb. 6 /CNW/ - Unigold Inc. (\"Unigold\" or the \"Company\") (TSX-V:\nUGD) is pleased to announce that it has received new gold results from\ndrilling its 100-per-cent-owned Los Candelones deposit in the Dominican\nRepublic. Drill holes number DC-52, DC-54 and DC-58 provide a good example of\nthe western extension of the core zone over 1 g/t demonstrating the on strike\nand down dip continuation of the gold mineralization.\n\n\nUnigold is also pleased to announce that it has signed a contract for an\nairborne geophysical survey starting at the beginning of March 2007 with FUGRO\nAirborne Surveys Corp. The survey is to be conducted on the Neita and Sabaneta\nproperties and will be flown at 200-metre flight gridlines. The survey will\nencompass approximately 2,600 line kilometres and will consist of magnetic,\nelectromagnetic and radiometric readings.\n\n\nUnigold has also received an acceptable proposal from SGS Minerals\nServices (Lakefield) for an investigation into cyanidation of the Los\nCandelones ore. Work will commence mid-February 2007.\n\n\nDrill Hole From To Length Grade\n---------------------------------------------------\n\n---------------------------------------------------\nDC-52 58m 83m 25m 1.1 g/t\n---------------------------------------------------\n\nDC-53 23m 34m 11m .58 g/t\n---------------------------------------------------\n 84m 95m 11m .63 g/t\n---------------------------------------------------\n\nDC-54 62m 117m 55m .81 g/t\n---------------------------------------------------\nincl 87m 110m 23m 1.3 g/t\n---------------------------------------------------\n\nDC-55 74m 100m 26m .50 g/t\n---------------------------------------------------\nincl 74m 81m 7m .65 g/t\n---------------------------------------------------\n\nDC-56 85m 92m 7m .74 g/t\n---------------------------------------------------\n\nDC-57 90m 124m 34m .70 g/t\n---------------------------------------------------\n\nDC-58 111m 151m 40m .70 g/t\n---------------------------------------------------\nincl 119m 140m 21m 1.1 g/t\n---------------------------------------------------\n\n\nAssays were done at the SGS laboratory in Toronto by fire assay procedure\nand gravimetric finish and the reported length represents true widt...