Unity Energy has entered into an agreement to earn a 100% interest in the Dickens Lake property, located in the LaRonge Gold Belt of northern Saskatchewan, Canada.
The property, which covers an area of over 6,000 hectares, consists of four adjoining mineral dispositions.
The company can earn the interest in the property by paying a vendor $30,000 and issuing two million common shares.
Unity Energy president Anita Algie said that with the robust nature of the gold market, the Dickens Lake project offers Unity an irresistible opportunity.
"In the coming months, Unity will be reviewing corporate strategies that could allow further expansion in gold in order to create value for its loyal shareholders," Algie said.
According to the company, the Dickens Lake project has been the subject of several exploration programs that resulted in the identification of a host of occurrences and showings.