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Vancouver, B.C. / TheNewswire / August 4, 2016 – UMBRAL ENERGY CORP.
(CSE: UMB) (OTCQB: UMBBF) (the “Company” or “Umbral”) is pleased to
announce that it has received geochemical results of up to 204 PPM Lithium from samples taken on its 100% owned Tule Valley
Lithium Exploration Project. The property is 4,800 acres and is located approximately 190km south west of Salt Lake City,
Utah.
A total of 4 water samples and 13 soil samples were collected from the property. The soils
were crushed, pulverized and assayed for lithium and a suite of pathfinder elements (eg, K, Mg, B, F, Na, Ca, Li/K and Li/Mg
ratios). Most soil samples were collected at the claim post sites that were located on exposed playa.
Samples of actively evaporating briny surface muds are all anomalous in lithium (>0.01% Li).
Each of these anomalous samples (indicated in green) is very wet, saturated with salty
brine, contains salt and/or gypsum crystals, and lies below 1340m altitude. These locations are where the playa surface dips below
the current groundwater table (<1339m), wherein near-surface brines reach the surface, form shallow pools (<0.3m deep), and
evaporate. The western half of the playa seems to lie at a lower altitude than the eastern half. The fact that both the
surface brines (W03, 04) and resultant saturated muds are anomalous in lithium is deemed encouraging for the deposition of
near-surface lithium mineralization on the property.
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Jag Bal, President of Umbral commented,”`we are encouraged with our first round of exploration on
our Tule Property. With the presence of Lithium as high as 204 ppm in our samples, we are now focused on phase two of our
exploration program.”
Tule Valley has similar characteristics to Clayton Valley, Nevada, a dry lake bed where lithium is
derived from brines located within more porous sediment layers at depth under playa. The Tule Valley exploration will focus
initially on geophysical surveying, particularly IP, to detect conductive layers beneath the playa. Brines are salty, and
are therefore strongly conductive. The thicker and strongest conductive zones will subsequently be
drill-tested for lithium content.
About Umbral Energy Corp.
The Company is currently listed as a junior resource issuer having mineral exploration projects.
The Company is considering other activities to increase shareholder value, including non-resource projects.
The Company has a mineral exploration projects in Utah, Nevada and Quebec, as well as an interest
in oil and gas property in Alberta. In addition the Company has an interest in PhyeinMed, who has applied for a license from
Health Canada to legally grow and sell medical marijuana.
Qualified Person:
The technical content of this news release has been reviewed and approved by Phil van Angeren, a registered Professional Geologist with APEGA, and a Qualified Person under the provisions of National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF UMBRAL ENERGY CORP.
“Jag Bal”
Jagdip BAL
President and CEO
Neither Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accepts
responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information, which involves
known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current
expectation. Important factors - including the availability of funds, the
results of financing efforts, the results of exploration activities -- that could cause actual results to
differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on
SEDAR (see www.sedar.com). Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The
company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
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