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UQ

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Share Name Share Symbol Market Type
TSXV:UQ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Unique Commences Summer 2012 Work Program

01/06/2012 7:00pm

Marketwired Canada


Unique Resources Corp. ("Unique" or the "Company") (TSX VENTURE:UQ) announces
that it has commenced mobilizing field personnel to carry out the Stage 1
Exploration Program on the Lucifer Property (outlined in the Company's
Prospectus dated February 6, 2012). The Lucifer Property consists of ten
contiguous mineral claims comprising 3,850.4 hectares located in northwestern
British Columbia approximately 50 kilometers east of the Galore Creek Project
developed by NovaGold Resources Inc. in partnership with Teck Resources Limited.
The recently constructed access road to the Galore Creek Project has
significantly improved long term project logistics.


According to the British Columbia Geological Survey ("BCGS") alkalic porphyry
copper - gold deposits in northwestern British Columbia are generally related to
north and northeast trending fault zones within Triassic aged volcanic and
intrusive complexes. The Lucifer Property claims were originally staked in 2005
to cover what is believed to be a previously unexplored segment of one such
structural corridor. The eastern part of the Lucifer Property was previously
held by Noranda Inc., and according to a historical technical report prepared
for Noranda entitled "Geological, geochemical and geophysical report on the
Lucifer Property" and dated February 1991, Noranda identified a high priority
target area consisting of several widely spaced soil and rock samples that
returned strongly anomalous gold values ranging from 670 ppb gold (0.670 g/t
gold) to 1,240 ppb gold (1.240 g/t gold).


Between July 1 and August 15, 2011 consultants for Unique reviewed all available
technical data for the Lucifer Property area and completed a systematic sampling
program designed to confirm the high gold in soil values reported by Noranda
(1991), and delineate the extent of the anomalous zone. It is important to note
that an extensive "gold in soil anomaly" located approximately two kilometers
north of the Lucifer Property on an adjoining property (referred to as the
Voigtberg property) has been interpreted as a pyrite - gold halo associated with
a porphyry system, and that follow up exploration work was recommended to test
the extent and grade of this anomalous zone. On the Lucifer Property a total of
530 samples were collected over an area of approximately 800 meters by 400
meters. One hundred and fifty seven of the samples collected returned anomalous
gold values greater than 100 ppb (equivalent to 0.100 g/t gold). Anomalous gold
values ranged from 0.100 g/t to 1.321 g/t gold with spot highs of up to 3.383
g/t gold. 


The results of the 2011 field program on the Lucifer Property confirmed the
presence of strongly anomalous gold values in soils in the area identified by
Noranda and have defined an anomalous zone approximately 250 meters in width and
300 meters in length. This zone is interpreted as the outcrop of a strongly
altered and mineralized, northeast trending structural corridor or shear zone.
No previous systematic exploration work appears to have been carried out in the
area of the anomalous soil samples and potential extensions of the zone to the
south do not appear to have been tested.


The proposed Stage 1 Program will consist of detailed geological mapping, rock
sampling and hand trenching to determine the source of the strong "gold in soil
anomaly" identified in 2011 and to determine the source of strongly elevated
gold values in float samples and stream samples reported by Noranda and other
previous operators in the east central part of the Lucifer Property.


George Nicholson, P.Geo., is the Qualified Person that is responsible for the
technical content of this press release. See the technical report prepared by
Mr. Nicholson for the Company dated November 8, 2011 and entitled "Review of
Technical Information and Proposed Exploration Program for the Lucifer
Property", which is available on the Company's SEDAR profile at www.sedar.com.


ON BEHALF OF THE BOARD

Gary Freeman, CEO, President, Secretary and Director

This press release includes "forward-looking statements" including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of Unique Resources Corp. Statements regarding mineral exploration
operations and objectives are subject to risk, including, but are not limited
to, exploration and geologic risk, inflation and costs of goods and services,
property title issues and regulatory approvals. Investors are cautioned that any
such statements are not guarantees of future performance and that actual results
or developments may differ materially from those projected in the
forward-looking statements. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Unique Resources Corp. does not assume the obligation to update any
forward-looking statement, except as required by applicable law.


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