Exploration programs to commence immediately Toronto, Ontario (Newsfile Corp. - April 26, 2024) - Unigold Inc. (TSXV: UGD) (OTCQB: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") announces the execution of a long-form agreement (the "Agreement") with Barrick Gold Corporation ("Barrick") that details the terms under which Barrick can earn into the Neita Norte Exploration Concession in the Dominican Republic and which includes a shareholders agreement to govern the joint venture which will be for
Unigold Inc. and Barrick Gold Corporation Enter into an Exploration Earn-In Agreement on the Neita Norte Concession, Dominican Republic streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Mining Stock News: Unigold Inc. (TSXV: UGD) and Barrick Gold Corporation Enter into an Exploration Earn-In Agreement on the Neita Norte Concession, Dominican Republic
The 95 km-long Lapstone Structural Complex is a segmented structural association consisting of north-trending faults and monoclines in the western Sydney Basin between the Cumberland Basin to the east and lower Blue Mountains to the west. It has developed in a compressional regime. At depth, the Lapstone Structural Complex is most likely a deeply penetrating, west-dipping thrust fault that is seismogenic in the brittle middle crust. This structure has propagated upwards into the overlying Sydney Basin in the top ∼3 km of the crust and formed a suite of distinct fault and fault–monocline structures, including: (a) in the north, inferred imbricate faults at depth in the lower Sydney Basin dying out upwards into a well-displayed, major east-facing monocline (central limb has an overall consistent <20°E dip); (b) in the middle part of the complex, an east-facing monocline with dips increasing from west to east formed as a fault-propagation fold; and (c) as found in the south, a sin