Unigold initiating exploration development in MENA region

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        'caption' => 'Daniel Danis, President & CEO Unigold Inc.',
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Unigold Inc. is a Canadian based mining company exploring to find and develop gold deposits on its 100%-owned property located in the Dominican Republic.

Having the largest land package in the Dominican Republic (1000 square kilometre), the goal is to target bulk tonnage, open pittable, oxide gold deposits within a similar setting to the world class Pueblo Viejo gold project.

The Pueblo Viejo Gold Mine has produced over 5 million ounces from oxide ore between 1975 and 1993 and contains an additional geological inventory of 20.4 million ounces of gold in sulphide ore (proven and probable).

The mine is currently being developed by partners Barrick Gold Corporation and Goldcorp Inc. The economics of any discovery will be significantly improved by the fact that Unigold is benefiting from an 18-year holiday on all corporate taxes, sales taxes and import duties in the Dominican Republic.

Unigold Inc. has obtained a reconnaissance license for all Minerals and Rocks granted by the Deputy Ministry of Mineral Resources in the Kingdom of Saudi Arabia. This License may include all Locations in the Kingdom.

The license provides for reconnaissance of all Minerals and Rocks except Minerals and Materials excluded by the Mining Investment Code. The License entitles the Company to all the rights in the Mining Investment Code and its Executive Regulations including but not limited to the rights to survey and investigate the area indicated in the license and examine ore bodies, collect samples, use geophysical and geochemical method and other scientific methods and any preliminary examinations of land, with potential mining deposits for the designated duration of the License. During the last 40-years, the Deputy Ministry of Mineral Resources has conducted major reconnaissance/exploration of minerals and rocks in the Kingdom and has tremendous information data base library on the mineral wealth of the country.

This License is offering opportunities to Unigold in the virgin mineral industry of the Kingdom of Saudi Arabia which contains tremendous varieties of Minerals (precious and base metals) and thus provides a valuable blue sky for future development/growth of the Company. Furthermore, the Government of Saudi Arabia is very keen about encouraging the development of and the investment in the mineral industry as well as providing important incentives to accomplish this strategy.

Unigold has already signed an MOU with a mining company holding some gold tenements in MENA region and is currently proceeding with a due diligent investigation on that gold project.

The 2008 regional exploration program has added or significantly expanded several gold and gold-copper showings on the Neita property. Significantly two new zones were discovered in proximity to the Los Candelones deposit. The Candelones Southwest showing is coincident with a 250m gold in soil anomaly and is hosted in strongly clay and silica-altered dacites similar to the main Candelones deposit. The second zone, Candelones Extension is located east of the main deposit and is hosted in brecciated volcaniclastic rocks with extensive sulfide mineralization and barite alteration.