Unity Commences VTEM Survey on Prospective Uranium Properties in Athabasca Basin
20 Aprile 2011 - 3:00PM
Marketwired
Unity Energy Corp. (TSX VENTURE: UTY)(FRANKFURT: UJN) (the
"Company") is pleased to announce that it has engaged Geotech Ltd.
to conduct a heliborne VTEM geophysical survey over its Close Lake,
Lampin Lake and Hoppy Lake Projects in the northeastern Athabasca
Basin. VTEM is highly effective at locating discrete conductive
anomalies, magnetic features extending to the basement and mapping
lateral and vertical variations in resistivity and is a leading
edge solution for uranium exploration in the basin. VTEM is an
evolving technology and this latest generation boasts a higher
sensitivity, achieved by noise reduction and optimization of
transmitter current waveform along with dipole moment increases.
The low noise level significantly extends conductance aperture and
conductance discrimination. The survey will comprise of approx.
1300 line kilometers with 100m spacing and is expected to be
completed within two weeks.
The Company was very impressed at the capability and resolution
of the VTEM survey, which in 2010 helped to define three high
priority targets at Unity's Waterbury Lake Project, which is just
approx. 10km south of the Midwest Mine and Hathor's Roughrider
Project. The Company is also in the process of finalizing
arrangements for a ground resistivity survey of targets at
Waterbury, which should commence in the near term.
On Behalf of the Board of Directors of Unity Energy Corp.
Anita Algie BSc. Hon., 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.
Contacts: Unity Energy Corp. Anita Algie BSc. Hon. President
604-681-0004 www.unityenergycorp.com
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