Business
Unity Progress Report May 2019
VANCOUVER, BC / ACCESSWIRE / May 7, 2019 / Unity Metals Corp. (" Unity " or the " Company ...
About this update from Bedford Metals Corp
[{"type":"text","content":"\nUnity Progress Report May 2019VANCOUVER, BC / ACCESSWIRE / May 7, 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, the 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 hole 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 silver 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 (...