Unigold Inc. provided results of an independent Feasibility Study prepared in accordance with National Instrument 43-101 ­ Standards of Disclosure for Mineral Projects on the Company's 100% owned Candelones Oxide Project in the Dominican Republic. This Study was prepared for Unigold by Micon International Limited and other industry consultants. The following "qualified persons" contributed to the Study, each of whom has reviewed and approved the content of this news release.

The oxide mineral reserves and resources for the Candelones project are summarized in Tables 6 and 7. The Study is based on the oxide mineral resources, estimated by Mr. W. Lewis, P.Geo. and Mr. A. San Martin, MAusIMM (CP) and the oxide mineral reserves, estimated by Mr. Abdoul Aziz Dramé,P.Eng. all of whom are employees of Micon.

Micon is independent of Unigold and Messrs. Lewis, San Martin and Dramé each meet the requirements of a "Qualified Person" as established by NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards for Mineral Resources and Mineral Reserves (May 2014). The effective date of the mineral reserve estimate is October 7, 2022.

The effective date of the mineral resource estimate is August 8, 2022. A Technical Report summarizing the estimation methodology and procedures will be published on SEDAR and the Company's website within 45 days.