Unity Energy Corp. Begins Ground Sampling Program at Millers Crossing Lithium Project, Nevada
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UNITY ENERGY CORP. BEGINS GROUND SAMPLING PROGRAM AT MILLERS CROSSING LITHIUM PROJECT, NEVADA
FOR IMMEDIATE RELEASE
May 4, 2016 – Unity Energy Corp. (UTY:TSX.V) and (UJN2 – Frankfurt) “Unity” or the “Company is pleased to announce the commencement of its Phase 1 sub‐surface short hole sampling program to test brine sediments on its 100% owned Miller’s Crossing Lithium Project in the Big Smoky Valley, Nevada. The Company’s field crew is currently onsite at the Miller’s Crossing Project and this stage of reconnaissance drilling should be completed within seven days, after which sediment samples will be assayed for lithium and other commercial elements.
Phase 1 sampling is to consist of 10‐12 hand auger holes, drilled to a depth of between 2‐4m, to sample surface layers for target elements and to refine drill target selection for Phase 2 drilling, which will utilize powered drills and reach depths of up to 60m. The Company expects to receive permits for the Phase 2 drilling later this month.
The results of this program will be considered alongside historical gravity survey data to develop a detailed exploration plan for the property, which will culminate in Phase 3 deep hole drilling.
The Millers Crossing Project fits well into the playa‐type brine deposit model as it shares geological similarities with Clayton Valley, the only lithium producing brine operation in North America. A playa is an internally drained brine deposit, the surface of which is primarily composed of silts and clays in which lithium can accumulate from the surrounding source rocks during successive evaporation and concentration events.
Regarding the initiation of the field program, CEO Ian Graham commented: “We are very excited to put boots on the ground in the Big Smoky Valley and we aim to have preliminary results to shareholders in the near future. The market outlook for lithium, which is chiefly utilized in lithium ion batteries, is very positive and we are focused on ensuring Unity plays a leading role in bringing compelling lithium production opportunities to the mine development sector.”
The technical contents of this news release have been prepared under the supervision of Dr. Peter Born, P. Geo. Dr. Born is a Qualified Person, as that term is defined in National Instrument 43‐101, and has approved this news release.
In addition, Mr. Arni Johannson has stepped down from the position of Chairman, but will remain an integral part of the company as part of the Advisory Board. Concurrently, Ian Graham has been appointed to the position of Chairman.
For more information, contact the Company at 604‐681‐0004 or visit www.unityenergycorp.com.
On Behalf of the Company,
Anita Algie Anita Algie, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.