Brings Significant Metallurgical Experience To The Company
Unigold Inc.’s (TSXV:UGD; OTCQX: UGDIF) Board of Directors has appointed Steve Haggarty to the Board of the company.
Mr Haggarty, P.Eng., is the Managing Director of Haggarty Technical Services Corp., a consulting engineering company providing project, process and risk management services to the mining industry.
Prior to forming Haggarty Technical Services, Mr Haggarty had a lengthy 40 year career with companies including Barrick Gold, Homestake Mining, International Corona and Teck Corporation. His metallurgical background and operational experience includes copper, molybdenum, gold, silver and PGM group metals at mining operations involving copper SX-EW, flotation, heap leaching, pressure oxidation, roasting and CIL recovery plants.
Mr Haggarty is a member of the Professional Engineers of Ontario and the Canadian Institute of Mining and Metallurgy. He is a graduate of McGill University with a degree in Metallurgical Engineering.
“On behalf of the Board, I would like to welcome Steve to Unigold,” Chairman and CEO, Joseph Hamilton, said. “His depth of project experience and metallurgical knowledge enhances the ability of the Board to guide management as we continue to unlock value at Candelones.
“Our recent PEA on our oxide project, and the recent multi-million ounce Mineral Resource Estimate for the sulphides sets the basis for future planning. Steve’s innovative experience in both heap leaching and sulphide processing will help on all fronts as we continue to move our projects up the value chain.”
Unigold is a Canadian based mineral exploration company focused primarily on exploring and developing its gold assets in the Dominican Republic. The Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabón province, in the northwest part of the Dominican Republic. The Candelones project area is about 20 kilometers south of the town of Restauraćion. The oxide deposit occurs at surface as a result of the tropical weathering of underlying mineralization. Unigold has been active in the Dominican Republic since 2002 and remains the most active exploration company in the country.
The Neita Fase II exploration concession is the largest single exploration concession covering volcanic rocks of the Cretaceous Tireo Formation. This island arc terrain is host to Volcanogenic Massive Sulphide deposits, Intermediate and High Sulphidation Epithermal Systems and Copper-gold porphyry systems.
Unigold has identified over 20 areas within the concession area that host surface expressions of gold systems. The company has been concentrating on the Candelones mineralisation and continues to expand the deeper sulphide resources with on-going drilling.
