(TheNewswire)
Vancouver, BC - TheNewswire- June 22,2023 - Trench MetalsCorp . (“ TrenchMetals ” or the “ Company ”) (TSXV: TMC ) ( FWB: 33H2 ) is pleased to unveil the details of its 2023 prospecting program atthe Company's Higginson Lake Uranium Project in Northern Saskatchewan.The program seeks to capitalize on the success of the 2022 program,which yielded promising results at the Peterson Rapids Showing.
The Peterson Rapids Showing, situated just southeast ofthe rapids between Peterson and Higginson Lake, approximately 11.3kilometers southeast of Charlebois Lake, exhibited promisingindicators during last year’s campaign. As a result, Trench Metals isset to undertake extensive subsequent activities to delve deeper intothis prospective zone.
Additionally, the Company will broaden itsinvestigative scope to incorporate the Charlebois Lake Showings andDianne Uranium Showings, situated about 7 kilometers southeast of theHigginson Lake Uranium Project. These regions present significantpotential for uranium deposits and warrant thorough examination touncover their true resource potential.
The Company’s 2023 prospecting program will employcutting-edge technology, utilizing state-of-the-art scintillometers.These advanced instruments will play a vital role in identifyinghigh-priority targets for trenching and drilling. The Company aims tomaximize efficiency and expedite the exploration process by employingman-portable drills.
"We are pleased to announce our comprehensive workprogram for the Higginson Lake Uranium Project in NorthernSaskatchewan," said Simon Cheng, CEO of Trench Metals . "Building upon the positiveresults from our 2022 program, we are confident that the upcomingprospecting activities, aided by advanced scintillometers, will allowus to identify prospective targets and unlock the potential of thishighly prospective region."
Trench Metals remains committed to upholding the highest environmental and safetystandards throughout its exploration endeavors. The Company iscommitted to the enforcement of stringent protocols and compliancewith regulatory prerequisites to guarantee ethical and sustainableoperations.
Dr. Peter Born, P.Geo., is the designated qualifiedperson as defined by National Instrument 43-101 and is responsible forand has approved the technical information in this release.
About Trench Metals Corp
Trench Metals Corp . is a mineral exploration companyspecializing in uranium. We create value for our shareholders byengaging in promising mineral exploration opportunities. Our main goalis the advancement of various projects from discovery all the way toproduction. This vertically integrated strategy allows Trench Metals toachieve exceptional shareholder value through the entire life-cycle ofthe mining process.
Trench Metals hasthe right to acquire a 100% interest in two highly prospective uraniumprojects in Saskatchewan’s Athabasca Uranium district. HigginsonLake Uranium Project covers an area of approximately 5900 hectares andis 52 kilometers northeast of Stony Rapids, accessible by Highway 905and 964. The Higginson Lake Uranium Project hosts two historicdrill-indicated reserves totalling 4,800,000 lbs of U308 .* And the Gorilla Lake Uranium Project comprises nearly7000 hectares in the Northern Mining District of Saskatchewan near theShea Creek uranium deposit. The Athabasca District is home to thehighest grade of uranium deposits in the world and accounts for 18% ofglobal uranium production
(*) The historical mineral resourceestimates presented above used categories that do not conform tocurrent Canadian Institute of Mining, Metallurgy and PetroleumDefinition Standards on Mineral Resources and Mineral Reserves asoutlined in National Instrument 43-101. A qualified person has notdone sufficient work to classify the estimates as current mineralresources and as such the Company is treating them as historicalresource estimates. Readers are cautioned that the historical mineralresource estimates do not mean or imply that economic deposits existon the project.
For further information, contact the Company at info@trenchmetals.com , or visit the Company’s website at www.trenchmetals.com .
On behalf of the Board,
Trench Metals Corp.
Simon Cheng, Chief Executive Officer
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When or if used in this newsrelease, the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule” and similar words or expressions identifyforward-looking statements or information. These forward-lookingstatements or information may relate to the development of theHigginson Lake Uranium Project and other factors or information. Such statements represent the Company’s current views with respectto future events and are necessarily based upon a number ofassumptions and estimates that, while considered reasonable by theCompany, are inherently subject to significant business, economic,competitive, political and social risks, contingencies anduncertainties. Many factors, both known and unknown, could causeresults, performance, or achievements to be materially different fromthe results, performance or achievements that are or may be expressedor implied by such forward-looking statements. The Company does notintend, and does not assume any obligation, to update theseforward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectingsuch statements and information other than as required by applicablelaws, rules and regulations.
CONTACT:
Alex Zertuche
alexz@mrkt360.com
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