Unigold Inc. · TSXV:UGD
Unigold — Investor Presentation (June 2025)
24 slides from Unigold's investor presentation, June 2025
Slide 1: Moving to Development in the Caribbean
TSX.V: UGD FSE: UGB1 CORPORATE PRESENTATION ⏐ CANADA MOVING TO DEVELOPMENT IN THE CARIBBEAN June 2025
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements contained in this presentation, 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 securi
Slide 3: Why Invest in Unigold
WHY INVEST IN UNIGOLD OXIDE PROJECT PERMITTING Low CapEx Application for an (US$36MM), low Exploitation impact, fast Concession is in final recoveries, quick stages of review by build (12 months Dominican estimated) low AISC Government (US$829) PATH TO PRODUCTION SULPHIDE PROJECT HIGHER GRADE Feasib
Slide 4: Capital Structure
CAPITAL STRUCTURE As at May 31, 2025 TSX.V: UGD Shares Outstanding 279,752,644 Warrants (June 2025, avg $0.30) 16,629,167 Warrants (December 2025, avg $0.30) 53,433,675 Warrants (May 2028, avg $0.12) 1,555,937 Warrants (June 2028, avg $0.12) 7,778,124 Warrants (Feb 2029, avg. $0.12) 1,832,187 Warran
Slide 5: Location and Infrastructure
LOCATION AND INFRASTRUCTURE The Neita Fase II concession has been split into 2 pieces: • Neita Norte – exploration • Neita Sur – exploitation Closest port is at Monte Cristi, (80 km north) or Puerto Plata (190 km northeast) Closest international airport is at Puerto Plata or Santiago (160 km east) P
Slide 6: Sulphide Deposit
SULPHIDE DEPOSIT The Sulphide Resources represent an opportunity to significantly extend the operations at Candelones. The Candelones Extension deposit is to the east of the Oxide stand-alone oxide project area. Project Open Pit Significant high-grade intercepts were encountered during drilling in 2
Slide 7: Oxide Target
OXIDE TARGET Candelones Hill Looking South Open Pit Area Heap Leach Area
Slide 8: Candelones Deposit
CANDELONES DEPOSIT There are 16 m @ 10.78 g/t Au two distinct projects at Candelones: • Oxides at surface Candelones Main: Oxides and • Sulphides underlying sulphides to the east Candelones Extension: Sulphides, possible oxides further to the east
Slide 9: Candelones Sulphide Deposit
CANDELONES SULPHIDE DEPOSIT Significant Intersections from drilling 2016-2021 Target A Target B Target C • 30.0 m @9.02 g/t Au, 0.6% Cu • 18.5 m @ 10.18 g/t Au, 1.52% Zn • 34.9 m @ 6.19 g/t Au, 0.6% Cu • 7.0m @ 21.9 g/t Au, 2.7% Cu • 15.8 m @ 11.36 g/t Au, 0.4% Cu • 34.0 m @ 4.15 g/t Au, 0.4% Cu • 1
Slide 10: May 2021 Sulphide Mineral Resource Estimate
May 2021 Sulphide Mineral Resource Estimate Tonnes Au oz Ag oz Cu lb Mining Method Category Au g/t Ag g/t Cu % (x1,000) (x1,000) (x1,000) (x1,000) Measured 6,280 1.90 3.28 0.18 383 662 25,042 Pit Constrained Indicated 13,098 1.40 4.18 0.12 591 1,762 34,201 Inferred 23,042 1.36 2.59 0.09 1,005 1,916
Slide 11: October 2022 Oxide Reserve Estimate (US$1650)
October 2022 Oxide Reserve Estimate (US$1650) Au oz Strip Mining Tonnes Deposit Mineralization Type Category COG Au g/t (x1,000 Rati Method (x1,000) ) o OB - - - Oxide Proven 2,564 0.79 65 0.208 Transition - - - Total Proven 2,564 0.79 65 Oxides Open Pit OB - - - 0.4 Oxide Probable 2,384 0.57 43 0.3
Slide 12: Oxide Project Financial Projections
Oxide Project Financial Projections Total gold produced (oz) 102,970 Average Gold recovery (%) 85% Average annual gold produced (oz) 31,426 Total initial Capex (US$) $35.9 million Total operating cost per tonne treated (US$/t) $14.17 All-in Sustaining Cost (US$/oz) $829 Feasibility Pre-tax Cashflow
Slide 13: Candelones Sulphide Resource
Candelones Sulphide Resource • Resource modelling and estimate completed in 2021 • Two possible development scenarios: • Open Pit to recover ~ 1.6 million Red > 2 g/t Au ounces (closed off) Purple > 5 g/t Au • Underground to recover ~ 550,000 to 1 million ounces (expandable) • Deeper drilling, and d
Slide 14: Sulphide Project Potential – Economic Studies to be Completed by year-end 2025
Sulphide Project Potential – Economic Studies to be Completed by year-end 2025 Total gold produced (oz) 1,075,000 Average Gold recovery (%) 95% Average annual gold produced (oz) 125,000 Total initial Capex (US$) $250 million Total operating cost per tonne treated (US$/t) $140 All-in Sustaining Cost
Slide 15: 2025 Objectives
2025 Objectives Convert Neita Sur into an Exploitation Concession • gives the Company a 75-year tenure and the sole right to extract minerals from the 9,990 Ha area • Fixes the fiscal treatment for 25 years Commence ESIA • ESIA will commence once the Terms of Reference are approved by the Ministry o
Slide 16: Neita Norte Concession
NEITA NORTE CONCESSION 2024 option Agreement with Barrick Unigold granted Barrick the exclusive option to acquire a 60% undivided interest in the Neita Norte Exploration Concession: 1. US$2.5 million minimum expenditures over the first three years, 2. US$8 million minimum expenditures over six years
Slide 17: Neita Norte / Neita Sur Drilling to Date
Drilling to Date Target # metres Candelones Main 184 29,544 Extension 163 61,724 Connector 65 8,449 Total 412 99,718 Guano 14 2,682 NEITA NORTE Naranja 2 210 Montazo 19 4,750 Rancho Pedro 23 6,091 NEITA SUR Juan del Bosque 22 4,404 Noisy 10 1,690 Corozo 10 1,880 Cruz de Cabrera 1 112 Mariano Cestero
Slide 18: Appendices and Notes
Appendices and Notes
Slide 19: Notes relating to Sulphide Mineral Resource Estimate
Notes relating to Sulphide Mineral Resource Estimate 1. Mineral resources were estimated by Mr. W. Lewis, P.Geo. and Mr. A. San Martin, MAusIMM(CP) of Micon International Limited. (“Micon”), a Toronto based consulting company, independent of Unigold. Both Mr. Lewis and Mr. San Martin meet the requir
Slide 20: Notes relating to Oxide Mineral Resource Estimate
Notes relating to Oxide Mineral Resource Estimate 1. The updated Oxide Mineral Resource Estimate is reported using two different cut-off grades: 0.21 g/t Au for the Oxide rock and 0.34 g/t Au for the Transition rock, both cut-offs for an open pit mining scenario. The oxide resources are inclusive of
Slide 21: Notes relating to Oxide Mineral Reserve Estimate
Notes relating to Oxide Mineral Reserve Estimate 1. The oxide Mineral Reserves Estimates are reported at two different cut-off grades: 0.208 g/t Au for the Oxide and 0.337 g/t Au for the Transition, both for surface mining scenario. 2. The cut-off grade was calculated using a gold price of US$1,650
Slide 22: Management
MANAGEMENT Joseph Hamilton, P. Geo, CFA Ramon Tapia Donna McLean Chairman of the Board of Directors Country Director Chief Financial Officer and Chief Executive Officer Joe is a Professional Geologist with over 35 years of experience in mineral Sr. Ramón Tapia is Country Director in the exploration,
Slide 23: Board of Directors
BOARD OF DIRECTORS Joseph Hamilton, Charles Page, Joseph Del Campo, CPA, Steven Haggarty, P.Eng. Normand Tremblay P. Geo, CFA M.Sc., P.Geo. CMA Director Director Chairman of the Board of Lead Director Director Mr. Haggarty is the Mr. Tremblay is the former CEO of United Directors and Chief Executive
Slide 24: Contact Information
unigoldinc.com TSX.V: UGD unigoldinc.com CONTACT INFORMATION Ste. 1800 - 372 Bay St. Joseph Hamilton Toronto, Canada, M5H 2W9 Chairman & CEO unigold@unigoldinc.com