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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 Resources Provides 2012 Work Program Update

28/11/2012 9:05pm

Marketwired Canada


Unique Resources Corp. (TSX VENTURE:UQ) ("Unique" or the "Company") provides an
update to shareholders regarding the 2012 Phase 1 Exploration Program at its
Lucifer Project, (the "Property"), located in the Iskut River District in
north-western B.C. This area of B.C. is generally referred to as the "Stikine
Arch" and is considered prospective for large tonnage, alkalic copper-gold
porphyry deposits. 


The Property consists of ten contiguous mineral claims comprising 3,850.4
hectares located approximately 50 kilometers east of the Galore Creek Project
(which is one of the largest undeveloped alkalic type porphyry copper gold
deposits in North America), owned by NovaGold Resources Inc. in partnership with
Teck Resources Limited. Alkalic porphyry copper-gold deposits in north-western
B.C. are generally related to north and northeast trending fault zones within
Triassic aged volcanic and intrusive complexes. 


Previous exploration work carried out over parts of the Property by Noranda Inc.
in 1990 identified a high priority target area that was defined by several
widely spaced soil and rock samples in the east central part of the present
Property. Follow up, contour based soil sampling by Unique during 2011,
confirmed the presence of strongly anomalous gold values in soils within the
area of interest identified by Noranda Inc. An anomalous zone was then defined
approximately 250 meters in width and 300 meters in length which returned gold
values ranging from 0.100 g/t to 1.321 g/t gold. This zone is interpreted as the
outcrop of a strongly altered and mineralized, northeast trending structural
corridor or shear zone that may represent a gold rich, pyritic halo on the
periphery of a large porphyry system. 


The main objective of the Company's 2012 Phase 1 work program, as recommended in
an independent 43-101 technical report dated November 8, 2011, authored by
G.Nicolson PGeo. entitled "Review of Technical Information and Proposed
Exploration Program for the Lucifer Project", was to assess this high priority
target by completing a detailed program of geological mapping, overburden
sampling and rock sampling. A total of 640 soil samples and 35 rock samples were
collected from the area of high gold values defined in 2011 and potential
extensions of this zone towards a second target area referred to as Gold anomaly
No.2. Rock samples were collected at 10 meter intervals along 25 meter spaced,
east - west oriented grid lines and channel samples were collected from all
exposed bedrock within the grid area. The results from this exploration program
and the results from the sampling programs completed by Noranda in 1990 and by
Unique during 2011 are being combined into a single database to delineate
priority areas for trenching and if warranted follow-up drill testing. 


All samples from the current exploration program are being analyzed at the ALS
Laboratory Group facility in North Vancouver. Samples are analyzed by fire assay
for gold (Au-ICP-AES finish) and for a suite of 35 elements using aqua-regia
digestion and standard ICP-AES techniques. ALS includes duplicate and industry
standard analyses as part of its internal QA and QC program. The ALS Laboratory
Group QA and QC provisions are considered adequate for the current program and
no additional measures were implemented.


Final assay results from the 2012 exploration program are expected in January 2013. 

George Nicholson, P.Geo., is the Qualified Person that is responsible for the
technical content of this press release. For additional information, refer to
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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Unique Resources Corp.
Gary Freeman
CEO, President, Secretary and Director
1-604-569-2963
1-604-568-0945 (FAX)

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