TSX-V:UGD
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STRATEGY

Unigold's strategy is to target bulk tonnage, open pittable, oxide gold deposits with a goal to finding a deposit equivalent in size to the world class Pueblo Viejo Gold Mine in the Dominican Republic. Our property and concessions lie along the same volcanic belt as Pueblo Viejo and contain volcanic domes similar in age to those associated with hydrothermal alteration gold mineralization at the mine.

Pueblo Viejo produced more than five million ounces of gold and 24 million ounces of silver from oxide and transition ore between 1975 and 1999. Mining stopped at the underlying sulphide zone. Barrick Gold (60 percent) and Goldcorp (40 percent) are spending US$3 billion to restart the mine at a rate of 24,000 tonnes per day. With proven and probable gold reserves of 23.7 million ounces, Pueblo Viejo is expected to have a 25 year mine life starting in 2011.