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Unigold Inc. Delivers Positive Feasibility Study for Candelones Oxide Project

52% Pre-Tax Internal Rate of Return , 44% After-Tax IRR AISC of US$829/oz Au Feasibility Study assumes 5,000 tonnes per day run-of-mine heap leach operation Average annual payable gold production of. | November 10, 2022 ....

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Unigold Updates 2022 Programs for Neita Concession

Application for Exploitation License expected in Q1/2022Initiation of feasibility work underwayInitiation of Environmental and Social Impact Assessment is. ....

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Unigold Inc. Delivers Positive PEA for Candelones Oxide Project

Average annual payable gold production of 31,000 oz
50% Pre-Tax Internal Rate of Return (“IRR”), 35% After-Tax IRR
US$50 Million Pre-Tax Net Present Value (“NPV”), US$34 Million After-Tax NPV
After-Tax Payback Period 1.8 years from start of production
Average annual after-tax free cash flow of US$23 Million
Initial capital expenditure (“Capex”) of US$36 Million (includes US$5 Million for EPCM and indirect costs in addition to US$5 Million as contingency)
AISC of US$744/oz Au
Average gold recovery of 75%; total cash operating cost of US$13/tonne
Creation of approximately 100 direct jobs and 50 indirect jobs during operation
Direct taxes payable to Government of $24 million over life of mine ....

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