Unity Energy Corp. Commences VTEM Survey on Prospective Uranium Properties in Athabasca Basin
20.04.2011 | Marketwire
VANCOUVER, April 20, 2011 - 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 ~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 ~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
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Contact Information
Unity Energy Corp.
Anita Algie, B.Sc. Hon, President
604-681-0004
www.unityenergycorp.com