Unigold Announces Strong Community Support for Initiation of Neita Project Environmental and Social Impact Assessment
Unigold Announces Strong Community
Support for Initiation of Neita Project
Environmental and Social Impact Assessment
Toronto, Ontario--(Newsfile Corp. - September 1, 2026) - Unigold Inc (TSXV: UGD) (OTC Pink: UGDIF)
(FSE: UGB1) ("Unigold" or the "Company") has confirmed that local authorities and residents of
Restauracion, Dajabon Province, have formally expressed support for the initiation of an Environmental
and Social Impact Assessment (ESIA) for the Neita Project to the President and Ministries of the
Dominican Republic.
Key developments:
The Neita Project is located in Restauracion, Dajabon Province, where Unigold has announced a
Measured and Indicated Resource of approximately 2.29 million ounces of gold (see
PR2026-09
available on our website for full information and footnotes to the resource statement)
The Restauracion Municipal Development Council and the Restauracion Town Council and Mayor
have delivered letters to the President of the Dominican Republic expressing support for Unigold
and requesting authorization to commence the Neita Project ESIA.
Community members delivered a petition with 725 signatures to the President in support of the
study.
Unigold has applied for an Exploitation Concession and is awaiting a response from the
President, with the application pending since 2024.
Joe Hamilton, CEO of Unigold, commented, "
We are encouraged by the clear, local support for
initiating a comprehensive Environmental and Social Impact Assessment.
We expect to commence
further feasibility work on the large sulphide deposit, and to begin the ESIA process, in the fourth
quarter of this year.
We believe that advancing the ESIA process in full collaboration with community
leaders, residents and regulatory authorities is the best way to achieve
both responsible development
and transparent engagement.
We expect that we will be able to incorporate design features to alleviate
community concerns as they are identified."
Unigold remains committed to open, respectful dialogue with the Restauracion community and provincial
stakeholders. Unigold intends to complete a fully compliant ESIA that meets national Dominican
regulations and adheres to International Best Practices.
About Unigold Inc. - Discovering Gold in the Caribbean
Unigold is a well-funded (> C$9 million in cash as at March 31, 2026) Canadian based mineral
exploration company traded on the TSX Venture Exchange under the symbol UGD and on the Frankfurt
Stock Exchange under the symbol UGB1. The multi-million ounce Candelones gold deposits are within
the 100% owned "Neita Sur" concession located in Dajabón province, in the northwest part of the
Dominican Republic. This 9,990 Ha concession has moved smoothly through various permitting stages
and now awaits the granting of an Exploitation Concession. The Company delivered a feasibility study
for the oxide portion of the Candelones deposit in Q4 of 2022. The 10,902 Ha "Neita Norte" Exploration
Concession was awarded to the Company in Q2 2023. In early 2024 Unigold completed an earn-in
agreement with Barrick Gold which allows Barrick to earn up to a 60% interest in the Neita Norte
concession by spending a minimum of $12 million over an eight year period and delivering a Pre-
feasibility Study on an identified deposit. Barrick can earn a further 20% in the Neita Norte concession
by electing to sole-fund a feasibility study within the following 4 years. The two concessions together form
the largest single exposure of the 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 areas that host surface expressions of gold systems. Unigold has been concentrating on the
multimillion ounce Candelones mineralization and is moving to bring these deposits into production.
Unigold has been active in the Dominican Republic since 2002 and continues to receive strong support
from the local communities for its exploration and development activities.
For further information please visit
http://www.unigoldinc.com
or contact:
Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157
Forward-looking Statements
Certain statements contained in this document, including statements regarding events and financial
trends that may affect our future operating results, financial position and cash flows, may constitute
forward-looking statements within the meaning of the federal securities laws. These statements are
based on our assumptions and estimates and are subject to risk and uncertainties. You can identify
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reasons why actual results could differ materially from those projected in the forward-looking statements.
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by the (United States) Private Securities Litigation Reform Act of 1995. For more information, please
visit
https://www.unigoldinc.com/profile/forward-looking-statement
.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/312370