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Unity Energy Corp (3)
Symbol UTY
Shares Issued 10,838,746
Close 2016-04-21 C$ 0.47
Market Cap C$ 5,094,211
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Unity to perform drill sampling program at Miller's

2016-04-21 06:49 ET - News Release

Ms. Anita Algie reports

UNITY ENERGY CORP. TO UNDERTAKE GROUND SAMPLING PROGRAM AT Miller's Crossing LITHIUM PROJECT, NEVADA

Unity Energy Corp. is applying for permitting for a subsurface sampling program to test brine sediments on its Miller's Crossing lithium project in the south Big Smoky Valley, Nevada, and expects to be on the ground in early May, 2016.

The phase 1 exploration program will consist of up to 20 short holes, drilled with a short-hole drilling platform. Samples will be taken to a depth of up to five metres and with NQ2 rods for superior sample sizes. The purpose of the drilling will be to test surface layers for lithium and other commercial elements. The results of this program alongside historical gravity survey data will be used to develop a detailed exploration plan for the property. Subject to results, phase 2 exploration will consist of ground geophysics (to identify subsurface conductors) and reverse circulation drilling to test the playa at depth for mineralization.

The Miller's 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.

Other explorers in the Big Smoky Valley have recently met with encouraging results from surface sampling. At the end of 2015, Ultra Lithium Inc. completed a sediment and water sampling program on its Big Smoky project, located approximately 10 kilometres southwest of Unity's Miller's Crossing project; samples from hand auguring returned assays anomalous for lithium, boron, potassium and magnesium (see Ultra Lithium news release of March 14, 2016).

The technical contents of this news release have been prepared under the supervision of Dr. Peter Born, PGeo. Dr. Born is a qualified person, as that term is defined in National Instrument 43-101, and has approved this news release.

Background

The Miller's Crossing lithium project, comprising approximately 1,920 acres (777 hectres) of contiguous placer claims, is located in the Big Smoky Valley, Esmeralda county, Nevada. The Big Smoky Valley is located immediately north of the Clayton Valley, home to Albemarle's Silver Peak lithium mine (in continuous operation since 1967), and is where Pure Energy recently identified an inferred resource of 816,000 tonnes of lithium carbonate equivalent (LCE) at a cut-off of 20 milligrams/litre in brine (technical report (2015), Spanjers, MS, PG). The Miller's Crossing project is located northeast of ground held by Ultra Lithium and is about 40 kilometres north of the Silver Peak mine. The principal target at the Miller's Crossing project is a large northeast-trending gravity low anomaly which is suggestive of an infilled basin. The Big Smoky Valley was investigated with regional reverse circulation drilling in 1979 by the United States Geological Survey and anomalous lithium values were encountered in the basin sediments. The quality and concentrations of lithium brines discovered in the Clayton Valley may be present in the Big Smoky Valley.

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