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TSX.V: UGD CORPORATE PRESENTATION | Q1 2016 Back to Basics

Back to Basics · Open Pit Oxide Extension - - - - Main 2,448 0.92 72 1.3 Connector 1,108 1.12 40 1.3 Subtotal 3,556 0.98 112 1.3 Sulphide Extension 24,223 1.59 1,241 7.6 Main 5,003

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Page 1: Back to Basics · Open Pit Oxide Extension - - - - Main 2,448 0.92 72 1.3 Connector 1,108 1.12 40 1.3 Subtotal 3,556 0.98 112 1.3 Sulphide Extension 24,223 1.59 1,241 7.6 Main 5,003

T S X . V : U G D

CORPORATE PRESENTATION | Q1 2016

Back to Basics

Page 2: Back to Basics · Open Pit Oxide Extension - - - - Main 2,448 0.92 72 1.3 Connector 1,108 1.12 40 1.3 Subtotal 3,556 0.98 112 1.3 Sulphide Extension 24,223 1.59 1,241 7.6 Main 5,003

TSX.V: UGD UNIGOLDINC.COM

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 securities laws. These statements are based on our assumptions and estimates and are subject to risk and uncertainties. You can identify these forward-looking statements by the use of words like “strategy”, “expects”, “plans”, “believes”, “will”, “estimates”, “intends”, “projects”, “goals”, “targets”, and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. We wish to caution you that such statements contained are just predictions or opinions and that actual events or results may differ materially. The forward-looking statements contained in this document are made as of the date hereof and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements. Where applicable, we claim the protection of the safe harbour for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995. Core drilling is being done primarily with NQ. Samples are logged, split by wet diamond saw, and half sent for assaying with the other half stored on site. Sample lengths typically average 1 m, but vary by geological boundaries. QA/QC included inserting certified standards and blanks into the sample stream at industry standard intervals. Samples are prepped by Bureau Veritas Labs in the Dominican Republic, with assaying performed through Bureau Veritas’ laboratory in Vancouver, Canada. Analytical procedures include a 35-element ICP-ES analysis (MA-300) and a 50 g FA AA finish for gold (FA450). Wes Hanson, P.Geo., COO of Unigold, and a Qualified Person under National Instrument 43-101, has designed and supervised the drill program, and reviewed and approved the contents of this presentation.

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TSX.V: UGD UNIGOLDINC.COM

Unigold Inc.

CAPITAL STRUCTURE (TSX.V) Market Capitalization CAD $6.5 million

Shares Outstanding 29.5 million

Options (avg. $0.10) 1.5 million

Fully Diluted 31.0 million

52 week Hi- Low $0.30-$0.08

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MANAGEMENT

Joseph Del Campo, CPA, CMA

Interim President & CEO

John Green, CPA,CMA, MBA

Secretary & CFO

Wes Hanson, P.Geo.

COO

DIRECTORS Joseph Hamilton, P.Geo., CFA, Chairman

Jose Acero René Branchaud, LLB

Joseph Del Campo, CPA, CMA

Daniel Danis, M.Sc., P.Geo.

Ruben Padilla, PhD.

Charles Page, M.Sc., P.Geo.

SIGNFICANT SHAREHOLDERS Osisko Gold Royalties Ltd. 17.3%

Shairco 9.5%

Polygon Global Partners LLP 7.1%

International Finance Corporation 6.8%

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TSX.V: UGD UNIGOLDINC.COM

Dominican Republic

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Established, world class, deposits: Pueblo Viejo (Au) Barrick-Goldcorp; Falcondo (Ni) American Nickel Established mining law, taxation and regulations; Government focused on growth in the mining sector; Emerging, underexplored Au-Cu districts; and Good infrastructure, roads, telecommunications, etc.

Page 5: Back to Basics · Open Pit Oxide Extension - - - - Main 2,448 0.92 72 1.3 Connector 1,108 1.12 40 1.3 Subtotal 3,556 0.98 112 1.3 Sulphide Extension 24,223 1.59 1,241 7.6 Main 5,003

TSX.V: UGD UNIGOLDINC.COM 5

Geology of Hispaniola

Tireo Formation

The island of Hispaniola was formed from multiple, accretionary volcanic terranes resulting from the subduction of the North American Plate below the Caribbean Plate.

Neita Concession

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TSX.V: UGD UNIGOLDINC.COM

Potential Deposit Types

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The island of Hispaniola is highly prospective for both intrusion related and epithermal mineral deposits.

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TSX.V: UGD UNIGOLDINC.COM 7

Tireo Formation – Emerging Au-Cu District

Neita Concession

Romero Project

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TSX.V: UGD UNIGOLDINC.COM 8

Candelones Extension Deposit Signature

Modest Au in soil response. Coincident IP chargeability response (2012) Initial interpretation suggested lower grade gold mineralization (1.0 -2.0 g/t Au) was stratigraphically controlled along the contact between andesite volcanics and volcaniclastics (HW) with dacite volcanics and volcaniclastics (FW).

Page 9: Back to Basics · Open Pit Oxide Extension - - - - Main 2,448 0.92 72 1.3 Connector 1,108 1.12 40 1.3 Subtotal 3,556 0.98 112 1.3 Sulphide Extension 24,223 1.59 1,241 7.6 Main 5,003

TSX.V: UGD UNIGOLDINC.COM 9

01.16.2012 LP17 73m @ 2.36 g/t Au Strategic decision (2012) to rapidly define a multi-million ounce Au deposit amenable to open pit mining. 11.12.2013 Initial Mineral Resource Estimate (1.6 M. ozs. Inferred) Delivered within 23 months of LP17.

Candelones Extension Deposit 2012 -2014

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TSX.V: UGD UNIGOLDINC.COM

Source Mineralization

Type Deposit

Tonnes (x1,000)

Au (g/t)

Au ozs (x 1,000)

Strip Ratio

Open Pit Oxide Extension - - - -

Main 2,448 0.92 72 1.3

Connector 1,108 1.12 40 1.3

Subtotal 3,556 0.98 112 1.3

Sulphide Extension 24,223 1.59 1,241 7.6

Main 5,003 1.16 186 1.3

Connector 980 1.08 34 1.3

Subtotal 30,206 1.50 1,461 6.4

Subtotal 33,762 1.45 1,573 5.8

Underground Sulphide Extension 4,977 2.42 387

Main 704 2.21 50

Connector 50 2.49 4

Subtotal 5,731 2.39 441

TOTAL 39,493 1.59 2,014

NOTES 1. The mineral resource estimate presented above has been prepared under the supervision of Mr. Alan J. San Martin, MAusIMM(CP) and Mr. William J. Lewis (P.Geo.) of

Micon International Limited., both of whom are "qualified persons" as per the CIM Standards and independent of Unigold Inc. The Effective date of the mineral resource estimate is November 4, 2013.

2. The mineral resource estimate presented above is classified as an Inferred Mineral Resource. The CIM Standards define a Mineral Resource as "a concentration of material in or on the Earth's crust in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction." The CIM Standards further define an Inferred Mineral Resource as "that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonable assumed but not verified, geological and grade continuity." The CIM Standards state; "Due to the uncertainty that may be attached to Inferred Mineral Resources, it cannot be assumed that all or part of an Inferred Mineral Resource will be upgraded to an Indicated or Measured Mineral Resource as a result of continued exploration."

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Mineral Resource Estimate - 2013

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TSX.V: UGD UNIGOLDINC.COM 11

Candelones Extension Timeline

Multiple, high grade Au and Cu intersections, identified by wide spaced (100 x 100 metre) drilling, were not drill tested further at closer drill spacings.

Initial open pit mineral resource estimate delivered within 23 months of discovery hole

Underground mineral resource estimate demonstrated potential of an underground only operation delivering significantly higher grade mineralization Metallurgical testing indicated good (85-90%) gold recovery to a copper concentrate.

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TSX.V: UGD UNIGOLDINC.COM 12

Candelones Extension 2016 Drill Targets

The initial Inferred resource estimate resulted in a wide spaced drill pattern (100m x 100m). High grade results were not drilled using closer spacing providing multiple targets where feeder systems or VMS mounds might exist including: Target A LP17 6.0m @ 6.05 g/t Au; 0.8% Cu Target B LP28 15.0m @ 16.36 g/t Au; 0.3% Cu Target C LP52 15.8m @ 11.40 g/t Au 0.4% Cu

Target A Target B

Target C

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TSX.V: UGD UNIGOLDINC.COM 13

Target A; massive sulphide lens(es)

Target A Target B

Target C

Target A Flat lying lens(es) of Au-Cu rich massive sulphides (pyrite – chalcopyrite) possibly a VMS mound(s).

Current dimensions (est.) 200 m x 75m x 17.5m

LP17 6.0m @ 6.05 g/t Au; 0.8% Cu LPMET01 22.0m @ 6.48 g/t Au; 0.6% Cu LP15-93 15.7m @ 7.45 g/t Au; 1.1% Cu LP15-95 34.9m @ 6.19 g/t Au; 0.6% Cu 4.1m @ 7.31 g/t Au; 1.1% Cu LP15-96 34.0m @ 4.15 g/t Au; 0.4% Cu 9.0m @ 4.81 g/t Au; 0.7% Cu

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TSX.V: UGD UNIGOLDINC.COM 14

Target A; Eastern Extension

Target A Target B

Target C

Target A Step out drilling 75m to the east of the initial massive sulphide discovery intersected massive to semi-massive sulphide mineralization in hole LP16-102

Current dimensions 200m x 75m x 17.5m

LP16-102 9.8m @ 3.10 g/t Au; 0.6% Cu LP50 5.7m @ 5.07 g/t Au; 2.4% Cu LP15-96 9.0m @ 4.81 g/t Au; 0.7% Cu

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TSX.V: UGD UNIGOLDINC.COM 15

Target A; Significant Results

Target A Target B

Target C

Interval True Width

(metres) (metres) (1)

LP17 285.0 291.0 6.0 5.4 6.05 0.8

LP50 417.0 422.7 5.7 5.2 5.07 2.5

LPMET01 314.0 336.0 22.0 20.2 6.48 0.6

LP15-93 298.6 314.3 15.7 14.0 7.45 1.1

LP15-95 252.6 287.5 34.9 32.0 6.19 0.6

LP15-95 309.9 314.0 4.1 3.7 7.31 1.1

LP15-96 279.0 313.0 34.0 31.0 4.15 0.4

LP15-96 324.0 333.0 9.0 8.2 4.81 0.7

LP16-101 416.6 424.6 9.8 8.9 3.10 0.6

(1)             True width estimated from current interpretation of the orientation of mineralization and drill hole(s)

Hole # From To Au (g/t) Cu (%)

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TSX.V: UGD UNIGOLDINC.COM 16

Target A – Massive Sulphide Lens 1

Target A Target B

Target C

LP15-93 @ 299.5m 7.91 g/t Au; 1.65% Cu

LP15-95 @ 278.9m 12.40 g/t Au; 0.6% Cu

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TSX.V: UGD UNIGOLDINC.COM 17

Target A – Massive Sulphide Lens 2

Target A Target B

Target C

LP15-95 @ 312.8m 6.72 g/t Au; 0.99% Cu

LP15-96 @ 331.6m 4.00 g/t Au; 0.4% Cu

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TSX.V: UGD UNIGOLDINC.COM 18

Target B; epithermal feeder system

Target A Target B

Target C

Target B Vertical feeder Au-Ag-Zn-Cu

Current dimensions 110m x 25m x 8m

LP28 15.0m @ 16.36 g/t Au; 26.7 g/t Ag; 0.3% Cu; 2.4% Zn LP29 12.0m @ 6.28 g/t Au; 6.3 g/t Ag; 1.1% Cu; 0.4% Zn LP16-100 9.5m @ 2.43 g/t Au; 18.8 g/t Ag; 0.2% Cu; 4.3% Zn and 12.0m @ 7.46 g/t Au; 5.1 g/t Ag; 1.4% Cu; 1.3% Zn

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TSX.V: UGD UNIGOLDINC.COM 19

Target B; Significant Results

Target A Target B

Target C

Hole From To Interval Au Ag Cu Zn True Width (1)

(m) (m) (m) (g/t) (g/t) (%) (%) (m)

LP16-97 249.0 264.0 15.0 1.15 1.0 0.0 0.4 15.0

LP16-98 245.8 250.6 4.8 7.32 52.0 0.2 2.7 4.8

LP16-99 276.6 283.0 6.4 4.23 12.1 0.2 1.7 6.4

LP16-100 291.1 333.6 42.5 3.41 6.3 0.5 1.6 33.0

including 291.1 300.6 9.5 2.43 18.8 0.2 4.3 8.0

and 307.5 319.5 12.0 7.46 5.1 1.4 1.3 8.0

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TSX.V: UGD UNIGOLDINC.COM 20

Target B – Epithermal Feeder

Target A Target B

Target C

LP16-100 @ 312.2m 26.40 g/t Au; 9.2 g/t Ag; 4.23% Cu +1.00% Zn NB Zn was an over limit result, follow up results pending

LP16-100 @ 316.9m 7.86 g/t Au; 10.9 g/t Ag; 1.83% Cu; +1.0% Zn NB Zn was an over limit result, follow up results pending

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TSX.V: UGD UNIGOLDINC.COM 21

Target C; Possible Western Extension

Target A Target B

Target C

Target C Possible vertical feeder system Au-Ag-Zn-Cu

Current dimensions 200m x 100m x ?

LP52 15.8m @ 11.36 g/t Au; 38.3 g/t Ag; 0.4% Cu; 5.1% Zn LP57 10.0m @ 6.71 g/t Au; 4.2 g/t Ag; 0.1% Cu; 0.8% Zn LP16-103 7.0m @ 8.86 g/t Au; 37.1 g/t Ag; 0.2% Cu; 2.4% Zn LP16-104 3.3m @ 5.06 g/t Au; 90.0 g/t Ag; 0.2% Cu; 2.1% Zn LP16-105 8.0m @ 6.30 g/t Au; 16.9 g/t Ag; 0.1% Cu; 0.5% Zn

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TSX.V: UGD UNIGOLDINC.COM 22

Target C; Significant Results

Target A Target B

Target C

Interval True Width

(metres) (metres) (1)

LP52 115.2 131.0 15.8 NA 11.36 38.3 0.4 5.1

LP57 260.0 270.0 10.0 NA 6.71 4.2 0.1 0.8

LP43 240.0 244.0 4.0 NA 9.67 2.0 0.1 0.6

LP16-103 117.0 123.0 7.0 NA 8.86 37.1 0.2 2.4

LP16-104 134.9 138.2 3.3 NA 5.06 90.0 0.2 2.1

LP16-105 176.0 184.0 8.0 NA 6.30 16.9 0.1 0.9

LP16-106 141.0 154.3 13.3 NA 1.08 1.5 0.1 0.3

LP16-107 168.0 311.0 135.0 NA 1.44 2.1 0.1 0.5

Zn (%)

(1)             True width estimated from current interpretation of the orientation of mineralization and drill hole(s)

Hole # From To Au (g/t) Cu (%)Ag (g/t)

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TSX.V: UGD UNIGOLDINC.COM 23

Target C – Possible Epithermal Feeder

Target A Target B

Target C

LP16-105 @ 183.7m 56.4 g/t Au; 116.8 g/t Ag; 1.1% Cu 10.3% Zn

LP16-107 @ 225.2m 8.52 g/t Au; 16.5 g/t Ag; 0.3% Cu 1.8% Zn

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TSX.V: UGD UNIGOLDINC.COM 24

2015 – 2016 Exploration Summary

Positive results at all three targets tested. Drilling identified higher grades ( 4.0 – 8.0 g/t Au; 0.5% – 1.2% Cu) as postulated. Drilling confirms the presence of high grade feeder systems (Targets B and C) and massive sulphide lens(es) (Target A), that the historical drilling failed to identify. All three Targets remain open in multiple directions. Majority of the higher grade intervals identified to date fall within a 1500 x 100 corridor plunging to the SE at approximately 25 to 30 degrees.

Target C

Target B Target A

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TSX.V: UGD UNIGOLDINC.COM 25

Target A Target B

Target C

Multiple Drill Ready Targets

G

Target D 200 m gap in drill coverage; Up plunge from the high grade Au-Cu epithermal feeder at Target B. Target E 100 m gap west of the recently discovered, high grade Au-Cu massive sulphides at Target A. Target F The untested down plunge continuation of the LP52, LP57 and LP43 high grade system. Targets G and H Testing for the continuation of the high grade vertical Au-Cu feeder identified at Target B Target I Down plunge continuation of the Target A massive sulphides.

D

E

F

H

I

LP16-101 3.10/0.6/9.8

LP16-102 No Significant Values

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TSX.V: UGD UNIGOLDINC.COM

The Unigold Advantage

• Proven, field tested hypothesis;

• Higher grade mineralization proven within previously unrecognized features at three locations within the previously identified resource area;

• High probability that resource can be increased both in terms of quantity and quality (more tonnes, higher grades)

• Multiple, highly prospective, drill ready targets;

• Lowest quartile operating costs, less than $100 CAD per metre all in cost;

• Low burn rate, less than $150,000 CAD per month;

• High productivity, 1500 to 1800 metres per drill per month;

• Excellent safety record;

• Local workforce, over 98% local hire rate; and

• Strong community support.

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T S X . V : U G D

Joseph Del Campo, Interim President & CEO

P.O. Box 936, STN Adelaide, Toronto ON M5C 2K3 Canada 416.866.8157 [email protected]

Contact

information

unigoldinc.com