(TheNewswire)
Vancouver, British Columbia – TheNewswire - October 25 th , 2021 – Kiplin Metals Inc. (the “Company”)(TSXV:KIP ) ( Frankfurt: 17G1) announces that itsboard of directors has commenced a strategic review of several uraniumprojects in Athabasca, Saskatchewan, Canada with the plan to expandthe Company’s project portfolio.
Peter Born, Director of the Company commented; “afterconsiderable consultation with our strategic advisors, the board hasdetermined that, given the deep technical knowledge of our team,combined with the global initiative to transition the world’s energyneeds away from fossil fuels, the company has initiated a strategicreview of several uranium projects in Athabasca, Saskatchewan. Thecompany’s technical team has extension experience with uraniumexploration and we are confident the addition will bring significantvalue to Kiplin Metals shareholders.”
About Kiplin Metals
Kiplin Metals is an early-stage exploration anddevelopment mining company. The Company’s management understandsthat the greatest value creation for shareholders is through thediscovery, and development of mineral resources, therefore the companyfocuses on project that can provide such impact. Kiplin Metals hasthe rights to two highly perspective minerals exploration assets inCanada, a region in the world known for its resources, collaborativeregulatory structure and stable economic and political environment.
The Exxeter Gold Project covers an area of 715halocated in Val d’Or Quebec, one of the premier gold camps in theworld which produced over 113.4M oz Au by the end of 2019. The projectcovers 3.8km of the Cadillac Tectonic zone, which is the principalgeologic structure responsible for cold mineralization in the Vald’Or.
The Lac Rochester Copper Project is located on the eastern border ofthe Val d’Or mining camp, 50km southeast of the city of Val D’Or,and 14km south of the Company’s flagship property, the Exxeter GoldProject. Past exploration of the Lac Rochester Copper Project hasidentified multiple high copper and iron values, concurrent with alarge, northeast trending magnetic anomaly.
For further information, contact the Company at 604-622-1199.
On behalf of the Board ofDirectors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
This news release may include forward-lookingstatements that are subject to risks and uncertainties. All statementswithin, other than statements of historical fact, are to be consideredforward looking. Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results or developments may differ materially from those inforward-looking statements. There can be noassurances that such statements will prove accurate and, therefore,readers are advised to rely on their own evaluation of suchuncertainties. We do not assume any obligation to update anyforward-looking statements except as required under the applicablelaws.
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