Unigold Announces Advancement of Exploitation Permitting and Provides Corporate Update

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD, OTCQX:UGDIF, FSE:UGB1) is pleased to announce that the application for the Nieta Sur Exploitation concession has moved to the next stage of review. The Dirección General de Minería (“DGM”), a department of the Ministerio de Energía y Minas (the “Ministry”), has completed their technical review of the application which included public announcements, perimeter verification, landowner reviews, technical and economic evaluations of the project design and basic environmental reviews. The DGM has forwarded the application to the Ministry with a positive recommendation. This marks a significant step in the permitting process. The Ministry will complete legal reviews and will draft resolutions that will be forwarded to the Executive Branch of Government for final approval.

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