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Unity Energy Corp is an exploration stage company

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golderbuggy   Tuesday, 04/04/17 11:51:36 PM
Re: None
Post # of 25 
Unity Energy Corp is an exploration stage company that could be a potential acquisition target for a company such as Goldcorp. Unity Energy Corp. has entered into an agreement with an arm's-length vendor to acquire a 100-per-cent interest in the Espior gold project, located in the Val d'Or mining camp, Quebec. The principal target at the Espior gold project is a 2.5-kilometre section of the Cadillac Break, a major tectonic zone, characterized by intense shearing near the contact between the Pontiac group and the Malartic group. The Cadillac Break is one of the most important metallogenic features in the Val d'Or mining camp. Several past producers (for example, East Malartic, Barnat-Sladen and O'Brien) and recent discoveries, such as the Lapa and the Goldex mines of Agnico-Eagle Mines Inc., are spatially associated with the Cadillac Break and/or related subsidiary structures. In 2016, a detailed first-pass program was completed on the Espior project, which included prospecting, beep-mapping, and a ground magnetic and VLF-EM survey. The survey was successful in mapping a significant east-west-trending fault in the Abitibi greenstone belt.

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