Unity Energy Corp.

Unity Energy Corp.

June 08, 2016 04:00 ET

Unity Energy Corp.: Surface Sampling at Miller's Crossing Identifies Anomalous Lithium Concentrations

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2016) - Unity Energy Corp. (TSX VENTURE:UTY)(FRANKFURT:UJN2) "Unity" or the "Company is pleased to announce that it has received chemical assays from its Phase 1 surface sampling program on its 100% owned Miller's Crossing Lithium Project in Southern Nevada. The sampling was carried out in April 2016 to investigate lithium concentrations in the uppermost 1.5m of the playa and a total of 15 samples were analyzed.

The results not only confirmed presence of lithium in alluvial gravels and clays but also indicated anomalous values of boron and potassium.

Highlights from the sampling program are:

  • Maximum values for lithium in sediments is 81 ppm, boron 400 ppm, and potassium 7,100 ppm,
  • Average lithium concentration in all sediment samples is 46 ppm, boron 184 ppm, potassium 5,153 ppm

These results are significant in that even though the samples were taken with pick, shovel and hand auger and contained large amounts of waste material, the average lithium values encountered were more than twice that of the 20 ppm cut-off used by Pure Energy Minerals Ltd. to calculate their mineral resource in the neighboring Clayton Valley.* All of the fifteen samples taken on surface exceeded the 20 ppm cut off limit. The results also correlate well with results obtained by Ultra Lithium at their Big Smoky Valley project, which, like the Miller's Crossing Project, lies in the South Big Smokey hydrogeological system. (* Technical Report dated July 2015 by Raymond P. Spanjers, MS, PG.)

The samples were shipped to WETLAB Western Environment Testing Laboratory ("WETLAB") in Sparks, Nevada, an EPA accredited independent laboratory. Samples were analyzed for lithium, potassium, boron, and magnesium using Standard Methods for the Examination of Water and Wastewater, Online Edition, Methods for Determination of Organic Compounds in Drinking Water, EPA-600/4-79-020, and Test Methods for Evaluation of Solid Waste, Physical/Chemical Methods (SW846), Third Edition. WETLAB used its own quality control and quality control and quality assurance protocols for sample analysis.

Unity will be looking significantly deeper into the playa in the coming weeks with its fully permitted Phase 2 short hole drilling program, which is designed to investigate to depths of up to 50m.

Regarding these results, CEO Ian Graham commented: "The results of the surface sampling are very encouraging and confirm the potential of the Miller's Project. There remains a need for substantial ongoing work and the Company is in the process of mobilizing its field crew for deeper sampling."

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.

For more information, visit www.unityenergycorp.com.

On Behalf of the Company,

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.

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