(TheNewswire)
April 2 nd , 2023 – TheNewswire - Kiplin MetalsInc. (TSX-V: KIP) (the “ Company ” or“ Kiplin ”) joins major uranium producers inwelcoming the Government of Saskatchewanprogram, “Securing the Future: Saskatchewan’s Critical MineralsStrategy” announced on March 27, 2023 (*). Highlights of the planinclude:
“…The critical minerals strategy supports theobjectives set out in the Saskatchewan Growth Plan. The strategyoutlines four goals for the sector: to increase Saskatchewan’s shareof Canadian mineral exploration spending to 15 per cent by 2030, todouble the number of critical minerals being produced in Saskatchewanby 2030, to growSaskatchewan’s production of potash, uranium and helium, and to establish Saskatchewan as a rare earth elementhub.”
The Company is the beneficiary of a 100-per-centinterest in the keystone, Cluff Lake Road(“CLR”) project and controls all explorationand development of the project. The CLR project is strategically located inthe southwestern Athabasca Basin ofSaskatchewan, surrounded by F3 (“F3”)Uranium Corp.’s (formerly Fission) high profile Paterson Lake North (“PLN”) Project. The PLN Projecthosts the newest, basement hosted uranium discovery in the AthabascaBasin, which hosts several of the highest-grade uranium deposits inthe world. The Company is currently applyingfor the requisite permits for exploration and drilling activities atthe CLR project.
Readers are cautioned that the presence ofmineralization in areas adjacent to those held by the Company is notnecessarily indicative of mineralization that may exist on propertiesheld by the Company.
(*) Saskatchewan Releases New Critical Minerals Strategy |News and Media | Government of Saskatchewan
Dr. Peter Born, P.Geo., is the designated qualifiedperson as defined by NationalInstrument 43-101 and is responsible for, andhas approved, the technical information contained in thisrelease.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for ourshareholders by identifying and developing highly prospective mineralexploration opportunities. Our strategy is to advance our projectsfrom discovery all the way to production. This vertically integratedstrategy allows Kiplin Metals to achieve exceptional shareholder valuethrough the entire life-cycle of the mining process.
Cluff Lake Road UraniumProject. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff LakeRoad Uranium Project (the “CLR Project”). The CLR Project covers ~531 ha inthe southwestern Athabasca Basin in northern Saskatchewan, whereseveral new discoveries, including the Arrow and Triple R Uraniumdeposits have been made. The CLR Project is 5 kmeast of the Cluff Lake Road (Hwy 955), which leads to the historicCluff Lake Mine, which historically produced approximately 62,000,000lbs of yellowcake uranium.
For further information,contact the Company at info@kiplinmetals.com or 604-622-1199, orvisit the Company’s website at www.kiplinmetals.com .
On behalf of the Board,
Kiplin Metals Inc.
“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 no assurances that suchstatements will prove accurate and, therefore, readers are advised torely on their own evaluation of such uncertainties. We do not assumeany obligation to update any forward-looking statements except asrequired under the applicable laws.
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