Toronto.– Unigold announced the acquisition of the El Carrizal Concession in the Dominican Republic. The 16,376 hectare El Carrizal Concession lies between the western Neita Concession and the eastern Sabaneta Concession and is contiguous with both.

This strategic acquisition creates one of the most extensive and contiguous land packages in the Cretaceous mineral belt of north-western Dominican Republic.

"This acquisition complements our land package in the Dominican Republic and provides Unigold with an unprecedented strike length of favourable stratigraphy in this prospective area of the country," commented Daniel Danis, CEO of Unigold.

"Unigold now controls over 108,000 Hectares of exploration ground and most importantly has secured over 50 kilometers of favourable strike length," he added.