

UNIGOLD IS DIAMOND DRILLING THE LOS CANDELONES GOLD DEPOSIT
Key Project on Neita: Los Candelones
The Los Candelones gold deposit is the most advanced project on the Neita property. To date more than 133 holes have been drilled on the project and gold mineralization has been followed over a strike length of more than 900m and a vertical depth of 250m. Mineralization at Los Candelones is characterized by wide sections of low grade disseminated mineralization crosscut by high grade gold-chalcopyrite-enargite veins. Drill hole DC120 is a good example of this mineralization with assays of 0.79g/t Au over 106m including 5.5g/t Au over 10m.Exploration upside remains excellent. Not only is the Los Candelones deposit open at depth and along strike but exploration efforts have recently uncovered several mineralized zones nearby. For example, trenching at the Candelones Southwest zone yielded 18m at 1.8g/t Au, 36m at 1g/t Au.
Gold mineralization at Los Candelones is part of a high-sulfidation epithermal system and occurs in a stockwork of quartz-pyrite-chalcopyrite-enargite-sphalerite within a large clay alteration envelope. Most of the gold mineralization is associated with illite-quartz alteration but certain high-grade sections occur with higher temperature alterations containing alunite and/or nacrite-dickite. Diamond drill holes SC-27 and SC-29 returned high grade gold intersections over 4 meters of 12.5g/t and 10.6g/t respectively. The association of gold mineralization with copper and zinc is similar to the mineralization at Pueblo Viejo.
Facts on Los Candelones Deposit:
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