UTY Unity Metals Corporation

Unity Energy Corp. (TSX VENTURE:UTY) ("Unity" or the "Company") is pleased to
announce that it has identified five distinct exploration target zones at its
Lampin Lake Uranium Project, which adjoins UEX's Hidden Bay Project and is
located approx. 16km southeast of Hathor's Roughrider discovery. The zones were
identified through a detailed analysis of VTEM data, historical Bouguer Gravity
and diamond drilling to the south by Cameco (Dawn Lake Project).


Zones A, B and C are were identified through the VTEM as conductive anomalies
that exist within magnetic lows that could not be explained by surface features,
conductive lake or stream sediments. Zones D and E were identified as highly
conductive anomalies that exist within a magnetic low. Zone C is particularly
interesting. This approx. 1.5km long zone is open to the west and roughly
parallels the Q12-A Zone, a conductive series that lies less than 500m south of
Lampin's southern boundary in the Telephone fault. Exploration of the Q12-A EM
conductor, by Asamera and subsequently Cameco, led to the discovery of a large
alteration zone. The best hole Q12-A-009 (1982) intersected approx. 4.0m of
0.13% uranium mineralization at a depth of 196m, this being at the unconformity.
It is the Company's hypothesis that mineralization is controlled by a faulting
structure that exists within the boundaries of the Lampin Lake Project, just to
the north of the conductive series. An "off-conductor" exploration model, along
the lines of Hathor's Roughrider Deposit, Denison's Phoenix Zone or Cameco's
Millennium Deposit, has been proposed.


The proposed exploration model is that the deposition of uranium mineralization
exists within an alteration zone which is often marked by a graphitic horizon
which can be highly conductive and therefore detectable by geophysical
techniques. Magnetic lows in the survey may indicate possible faulting or breaks
in the basement rock through which mineralized fluids have penetrated and
deposited uranium at the basement or within the overlying sandstone. Together,
the existence of a conductor in association with a magnetic low can form a
compelling exploration target. The company's next step is to examine
conductivity depth sections along prospective VTEM flight lines to model cross
sections of the target zones. If warranted, targets would then be examined by
ground geophysics and then diamond drilled.


Dr. Peter Born P.Geo., the Company's Qualified Person and Director, has not
reviewed the original drill logs, assays or core of historic drilling.
Geological and exploration information contained in this release is derived from
sources believed to be credible.


On Behalf of the Board of Directors of Unity Energy Corp.

Anita Algie, B.Sc. Hon, President

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