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Monday, January 16, 2012

TSX Venture Gold Stock, Unigold Inc. (TSX-V: UGD.V) Soars on New Results

January 16, 2012 - Investorideas.com, a leader in sector research for independent investors including mining and energy stocks, reports on trading and news for TSX Venture gold stock, Unigold Inc. (TSX-V: UGD.V). The stock soared in today's trading following new results, including 73 m @ 2.36 g/t Gold, at Candelones Extension, Neita Property, Dominican Republic. The stock is trading at $0.2950, up 0.1250 (73.53%) 2:26PM EST on over 5 Million shares.
Unigold Inc.(TSX-V: UGD.V) announced additional results from the 2011 drilling program at its wholly owned Candelones Project, Neita Property in the Dominican Republic.
According to the Company, "Significant results are reported for drill holes LP17 and LP20. The holes were targeted to extend the known mineralization using Unigold's recently acquired IP survey, combined with improved geological knowledge. Assay results from the core obtained at the Candelones Extension (Lomita Pina) are reported in the table below. The best results are 73.0 m @ 2.36 g/t gold in hole LP17 and 20.0 m @ 2.74 g/t gold plus 37.0 m @ 1.48 g/t gold in hole LP20. The deposit remains open along strike in both directions and down dip."
www.unigoldinc.com
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