UTY Unity Metals Corporation

Unity Energy Corp. (TSX VENTURE:UTY) ("Unity" or the "Company") is pleased to
announce that it has acquired through staking a prospective uranium exploration
property known as the Mitchell Lake Property. The 2354 hectare claim is on the
eastern edge of the Athabasca Basin, adjoining to the south, Cameco's Mitchell
Lake Zone and 2.2km to the south, UEX's West Bear Deposit. Significant
exploration projects in the immediate include UEX's Hidden Bay Project,
Fission's Minor Bay Project, Pitchstone's Martin, as well as Projects controlled
by Denison Mines and JNR Resources.


To view accompanying map, visit the following link:
http://media3.marketwire.com/docs/UTYmap914.jpg


The West Bear Deposit, located in the southernmost part of the Hidden Bay
property, is a classic unconformity-hosted uranium deposit which is developed
under shallow Athabasca sandstone cover above a conductive graphitic gneiss
unit. The deposit occurs along a conductive, graphite-bearing gneiss unit where
it intersects the overlying Athabasca sandstone along the southern margins of
the Dwyer Dome. A N.I. 43-101 compliant Preliminary Feasibility Study (Golder
Associates Ltd. 2010) of the West Bear Deposit gives a resource estimate to a
Probable Mineral Reserve estimate of 1,492,261 pounds of U3O8 grading 0.94% U3O8
at a cut-off of 0.18% U3O8 which represents 96% of the mineral resource. The
high conversion rate reflects the near-surface nature of the West Bear
mineralization which is amenable to shallow, open-pit mining. The study also
reports metallurgical testing resulting in an estimated overall uranium recovery
of 95%.


The Mitchell Lake Zone lies just 400m south of Unity's Mitchell lake Project. In
1977, Noranda Exploration intersected downhole uranium mineralization; drill
hole ML5-77 encountered uranium mineralization from 186.3 to 189.3 ft (56.8 to
57.7 m) depth. U3O8 content varied in grade from 0.12% to 0.04%. The
intersection also contained minor Ni, Cu, and As values. This zone is currently
controlled by Cameco Corporation. The Zone appears to be fault controlled, with
notable magnetic and EM features located to the north, on Unity's ground. The
Company plans to provide a more detailed analysis in the near term.


Under the terms of the staking agreement, Unity must within four years, complete
a minimum of $2,500,000 of exploration expenditures on the Project. A 1.5% NSR
has also been granted to the arm's length staker, which can be purchased at any
time for $1,500,000.


"This is a tremendously exciting new project for Unity," commented Anita Algie,
President. "The proximity to the West Bear Deposit and other compelling
geological features could make Mitchell Lake a marquee exploration project for
Unity."


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 of the
Mitchell Lake Zone or the West Bear Deposit. 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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