Unity Progress Report May 2019
#313-515 West Pender Street, Vancouver, British Columbia, V6B 6H5, Canada
www.unitymetalscorp.com
NEWS RELEASE
UNITY PROGRESS REPORT MAY 2019
Vancouver, Canada – May 7th, 2019 – Unity Metals Corp. (“Unity” or the “Company”) (TSXV:
UTY) is pleased to provide a corporate update on its activities in the Phillips Arm Gold Camp,
which is located 200 kilometers north of the city of Vancouver. Building on the Company’s
successful initial exploration program, since the beginning of the year, th e Company has
expanded it’s holding from 678 hectares to 2477 hectares of prospective mineral claims
comprised of the Margurete and Hewitt Point Claims, both of which host two distinct parallel
mineralized trends. Management’s decision to expand the Company’s holdings in the region was
based on the Company’s anticipation on further positive results from in summer exploration
program, and it’s desire to ensure in holds all the key claims in advance of any discovery.
The Margurete Claims covers an area of 1947 hectares and hosts 3 km of a northwest trending
mineralized contact called the Doratha Morton shear. The shear was first explored in the late
1800’s and produced 5,217oz of gold and 11,560 oz silver from 1898 to 1939. Unity’s claims cover
five historic adits (mine shafts) and the principle targets at the Margurete project are the FB Zone,
the Enid adits, the Eastern and Western zones. Other targets, including the Enid portal, are also
under investigation.
● The FB Zone is highlighted by a successful drilling program in 1986 by Falconbridge. In particular,
hole 86-3 had an average grade of 0.631g/t Au over 67.36m, beginning at 4.25m. A summary of
the higher gold bearing intervals is summarized in the table below. The hol e also included an
additional 3 intervals which graded greater than 1g/t Au, indicating a broad mineralizing system.
Hole 86-3 / Falconbridge 1986
Interval (m) Width (m) Au (g/t)
From To
4.25 5.10 0.85 5.9
11.55 13.9 2.35 7.4
● The Enid Property contains five historic adits on strike between the historic Doratha Morton Mine
and Alexandria Mines. Of particular interest, sampling by Falconbridge (Assessment Report 14466)
collected several samples with anomalous gold values, as well as silve r and base metals. A float
boulder just down ravine from the adits assayed 96g/t Au and 410g/t Ag. Samples taken outside
the Empress adit entrance assayed 157g/t Au and 528g/t Ag (Sample 38809) and 9.8g/t Au
(Sample 38870). A 1984 boulder sample (#14603) t aken down the ravine from the adits assayed
200g/t Au, 613g/t Ag, 0.63% Cu, 1.03% Pb, and 1.99% Zn.
● The Eastern Zone is distinguished by a historic gold -in-soil anomaly trend, identified in surveys
completed by Falconbridge in 1985 and 1986. The trend begins at the historic Doratha Morton Mine
east of the claims and follows the Doratha Morton Shear to the western end of the claims for a total
strike length of over 3km. Within this trend, the highest soil sample assayed at 1700ppb Au. This
gold-in soil trend follows an identified VLF -EM conductor for its length. This conductor was the
target of the 1986 Falconbridge dril ling. There has been very minor documented work completed
in this area despite excellent rock exposure and this represents a high priority zone.
● In the Western Zone, Archer Cathro (1983) identified several gold and silver bearing rock samples.
Sample M23014R ran greater than 10g/t Au and 68g/t Ag and sample M20545R graded 4g/t Au
- 2 -
and 10g/t Ag. These samples were taken proximal to the contact between intrusives and the
Margurete Breccia. This is of interest because historic gold deposits in the Phillips arm Gold Camp
were generally proximal to contacts with the intrusive. The western side of the claims is
underexplored and historic data (soils, rocks, and VLF) indicates there is excellent potential.
The Hewitt Point Claims cover an area of 530 hectares and hosts approximately 3km of a
northwest trending mineralized contact called the Hewitt shear. Unity’s claims cover two historic
adits and a historic (1916) bulk sample. The principle targets at the Hewitt Point project are the
Hewitt Point, the Amethyst and the Monte Cristo Zones.
● At the Hewitt Point Zone A pyritic quartz sample (F -9-2) was obtained at a shear zone near a
historic mine shaft at the south end of Hewitt Point and assayed 6.95g/t Au, 1300ppm Mo and over
50ppm Ag. This target is located at the eastern end of the Hewitt shear. Of particular interest, the
locally exposed veining has a roughly 295 degree strike, this being subparallel to the mineralized
shear zone which passes through the Doratha Morton historic mine site and the FB Zone.
● At the Monte Cristo Zone mineralization grading 2.7% Cu was taken from a bulk sample in 1916
and a high grade gold-silver sample was collected in 1918. The showing includes a large amount
of highly siliceous and gossaneous waste rock/ blast boulders and a 30 -40m long by 5 -10m high
cliff/ blast face with patchy strong gossan.
● At the Amethyst Zone a massive sulfide sample (F-29), located near a historic mine adit assayed
6.2g/t Au and over 2% Cu. High copper content rock (malachite-bornite-chalcopyrite) is present in
outcrop and at a waste dump area. Silicified, st rained, and mineralized rock in both outcrop and
subcrop can be found to the west of Amethyst.
Given the number of target zones, the Company is in the process of prioritizing exploration
activities. Since consolidating the Phillips Arm Gold Camp, the Compa ny has completed
reconnaissance programs at the Hewitt and Margurete claims, both of which involved mapping,
surface sampling and Shaw back -pack drilling. The Company expects to release assay results
from the Hewitt Point survey in the near term.
About the Company
Unity Metals Corp. is a Vancouver -based gold exploration company. The Company controls a 100% interest in the
Margurete Gold Project, which covers 678ha of mineral claims, located in the Phillips Arm gold camp, approximately
200 kilometers northwest of Vancouver in southwest British Columbia, Vancouver Mining Division. The project is on
trend with the historic Doratha Morton and Alexandria gold mines, which were active in the late 1800’s. The Margurete
project was last explored in 2015 with property -wide prospecting, mapping and rock chip sampling run in parallel with
a targeted diamond drilling program. The primary target at the Margurete Gold Project is the FB Zone, where
Falconbridge drilled multiple gold bearing intervals at shallow depths. For more information, please visit
www.unitymetalscorp.com.
The technical content of this news release has been reviewed and approved by Dr. Peter Born, P. Geo., a Qualified
Person for the purposes of National Instrument 43-101.
On behalf of the Company,
Peter Born
Peter Born, President
Neither the TSX Venture Exchange nor its Re gulation 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. This news release may contain forward -looking
statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual
results could differ materially because of factors discussed in the management discussion and analysis section of our interim and
most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities
regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.