Unigold Inc.
Unigold Inc. is a gold explorer/developer advancing the Neita concession, including the Candelones Oxide deposit, in the Dominican Republic. A 2020 Micon mineral resource estimate reported 1.15 Moz gold Measured & Indicated and 1.1 Moz Inferred across the broader Neita property, with a pit-constrained oxide-specific estimate of 92,000 oz Measured & Indicated and 38,000 oz Inferred at Candelones. A positive feasibility study on the Candelones Oxide project was completed in Nov 2022. The company's Exploitation Concession, needed to move Candelones toward production, is pending presidential approval as of this research pass.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
- Financials score of 8.2/10 is stronger than the peer average of 6.6/10.
Lifecycle Milestones
Construction Milestones
0 of 5 reached- Not yet reached
- Not yet reached
- Not yet reached
- Not yet reached
- Not yet reached
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Chairman of the Board and Chief Executive Officer of Unigold Inc., appointed CEO in October 2019. P.Geo, CFA.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked thoroughly. The largest shareholder is an individual, Osvaldo Oller, at about 6.2%, with the rest of the named register also individuals -- no institutional ownership is reported at all, and no producer or specialist resource fund holds a position.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Candelones Oxide Project (Neita Concession, Dominican Republic). Feasibility Study announced 10 Nov 2022: after-tax NPV5% = US$30.6M, after-tax IRR = 43.6% (pre-tax IRR 52%), at a US$1,650/oz gold price assumption. 5,000 tpd run-of-mine heap leach; 121,350 oz scheduled for mining at 0.67 g/t average grade and 85% average recovery; ~31,426 oz average annual production; mining life = 3.3 years; initial capex ~US$31.8M; AISC US$829/oz. This is a short-mine-life, oxide-only starter project -- the Exploitation Concession needed to move to production remains pending presidential approval as of this pass (per Miner.description). ouncesFound (1,150,000 oz, 2020 Micon M+I estimate across the broader Neita property) was already on file.