KIPLIN METALS RETAINS CONTRACTOR FOR EXPLORATION PROGRAM ON THE CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT, SASKATCHEWAN
April 17th, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has appointed Grander Exploration to carry out the upcoming phase of exploration at the Cluff Lake Road (“CLR”) uranium project. The project is located in northwestern Saskatchewan and is surrounded by F3 Uranium Corp.’s (formerly Fission 3.0) (“F3”) highly acclaimed Patterson Lake North (PLN) project.
The western boundary of the Company’s CLR property is shared with F3’s adjacent “North Conductor Complex”, which trends South-Southeast and extends onto the CLR property. Previous owner Fission Uranium Corp. (“FISSION”) and F3 have conducted multiple geophysical surveys, including (VTEM – helicopter-borne versatile time domain Electromagnetic), TEM (HT SQUID and Coil moving-loop TEM), and DC Resistivity, that overlapped the western flank of the CLR property. Grander Exploration and Company personnel are evaluating the most effective type of geophysical surveys to undertake on the CLR property. These surveys will correlate with F3’s previous surveys and will better define and extend the North Conductor Complex on the CLR property. To date, F3 has completed the only one drill hole (PLN22-29) in the area (Press Release November 28, 2022).
Following F3’s recent (November 2022) discovery of the high-grade JR Uranium Zone (located 15 kilometres South-southwest of the CLR property), the Company considers the similarities of the North Conductor Complex on the CLR property as a top exploration priority. F3’s North Conductor Complex consists of three parallel conductors that span a width of one kilometre. The Company believes that all three North Conductors identified by F3 may continue and extend onto the Company’s CLR property. Additionally, the Company has defined both parallel and cross-cutting magnetic lineaments on their CLR property.
The promising geology, alteration, and mineralization observed in the single drill hole (PLN22-029) in the area, along with the presence of multiple EM conductors and magnetic lineaments on the CLR property, make it highly prospective for the discovery of a uranium deposit hosted in the basement. The Company will provide updates on its work plans as soon as they become available.
The Company cautions the discoveries and observations on properties in proximity to the Company’s properties are not necessarily indicative of the presence of similar mineralization or geology on the Company’s properties.
Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information contained in this release.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company that creates value for its shareholders by identifying and developing highly prospective mineral exploration opportunities. The company’s vertically integrated strategy aims to advance projects from discovery to production, providing exceptional shareholder value throughout the entire mining process.
One of the projects in Kiplin Metals’ portfolio is the Cluff Lake Road Uranium Project, in which the company has the right to earn a one-hundred percent interest. The CLR Project covers an approximate area of 531 hectares in the southwestern Athabasca Basin of northern Saskatchewan. This area has seen several new discoveries, including the Arrow and Triple R Uranium deposits. The CLR Project is located 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine. This mine has a production history of approximately 62,000,000 lbs of yellowcake uranium.
For additional information, interested parties may contact the Company at [email protected] or visit its website at www.kiplinmetals.com.
On behalf of the Board,
Kiplin Metals Inc.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS WELCOMES THE PROVINCE OF SASKATCHEWAN’S SUPPORT FOR NUCLEAR ENERGY
April 2nd, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) joins major uranium producers in welcoming the Government of Saskatchewan program, “Securing the Future: Saskatchewan’s Critical Minerals Strategy” announced on March 27, 2023 (*). Highlights of the plan include:
“…The critical minerals strategy supports the objectives set out in the Saskatchewan Growth Plan. The strategy outlines four goals for the sector: to increase Saskatchewan’s share of Canadian mineral exploration spending to 15 per cent by 2030, to double the number of critical minerals being produced in Saskatchewan by 2030, to grow Saskatchewan’s production of potash, uranium and helium, and to establish Saskatchewan as a rare earth element hub.”
The Company is the beneficiary of a 100-per-cent interest in the keystone, Cluff Lake Road (“CLR”) project and controls all exploration and development of the project. The CLR project is strategically located in the southwestern Athabasca Basin of Saskatchewan, surrounded by F3 (“F3”) Uranium Corp.’s (formerly Fission) high profile Paterson Lake North (“PLN”) Project. The PLN Project hosts the newest, basement hosted uranium discovery in the Athabasca Basin, which hosts several of the highest-grade uranium deposits in the world. The Company is currently applying for the requisite permits for exploration and drilling activities at the CLR project.
Readers are cautioned that the presence of mineralization in areas adjacent to those held by the Company is not necessarily indicative of mineralization that may exist on properties held by the Company.
(*) Saskatchewan Releases New Critical Minerals Strategy | News and Media | Government of Saskatchewan
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.
Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Triple R Uranium deposits have been made. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
Kiplin Metals Inc.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS REVIEWS F3 URANIUM CONDUCTORS CONTIGUOUS TO ITS CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT, SASKATCHEWAN
March 27th, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has completed a review of the electromagnetic (“EM”) conductors on, and adjacent to, the Company’s Cluff Lake Road (CLR) Uranium Project, located in northwestern Saskatchewan, which is surrounded by F3 (“F3”) Uranium Corp.’s (formerly Fission 3.0) high profile Paterson Lake North (“PLN”) Project.
In November 2022 F3 discovered the “JR” high grade uranium zone, with recently reported intersections (F3 Press Release, February 6, 2023) in drill hole PLN22-038 of 11.0 metres averaging 4.20% U3O8, including a high-grade 4.5 metre interval averaging 9.8% U3O8. The “JR” uranium zone represents the newest, basement hosted uranium deposit in the Athabasca, similar to the Triple R uranium deposit owned by Fission Uranium Corp.
- Airborne and ground electro-magnetic (“EM”) geophysical surveys are an effective exploration tool for discovering basement hosted uranium mineralization, in association with graphitic structures and clay alteration. The F3 discovery of the JR Zone in hole PLN22-035 resulted from follow-up drilling on the “A1” conductor.
- The Company’s CLR project is approximately 15 kilometres North-Northwest of the F3 JR Discovery Zone but is adjacent to F3’s North Conductor Complex. These conductors as indicated on the F3 website, trend South-Southeast and extend onto the Company’s CLR property. Drilling one hole (PLN22-29) on the North Conductor Complex by F3 (Press Release November 28, 2022) returned the following:
“Drill hole PLN22-029, which was the first test of the N conductor complex in the northeast part of the property, intersected highly elevated boron values over a 70 m interval within Athabasca sandstone averaging 1,051 parts per million boron from 550 to 620 m, including a 10 m interval averaging 1780 ppm boron, above graphitic faults in the basement. This is considered highly anomalous due to both the significant width of the intersection and the highly elevated concentrations. Boron is an important pathfinder element as it occurs along the structural corridors which host the uranium deposits in the Athabasca basin. Concentrations of boron in the sandstone of more than approximately 300 ppm are normally considered anomalous… Anomalous pathfinder elements, including uranium, are associated with some of the basement structures. The graphitic and sulphide-rich basement structures correspond to electromagnetic responses. The hole was originally planned to 750 m but was extended at depth to test as much geology as possible laterally toward the centre of the N conductor corridor.
- The F3 North Conductor Complex comprises three parallel conductors over a width of one kilometre. The Company interprets potential for all three North Conductor identified by F3 to continue and extend onto the Company’s CLR property. In addition, the Company has defined both parallel and cross-cutting magnetic lineaments on their CLR property.
Following the discovery of the JR Zone, the Company views the on-trend extensions of F3’s North Conductor Complex onto the CLR property, the encouraging geology, alteration and mineralization observed in the single drill hole in the area (PLN22-029), and the radon anomalies (Press Release, October 5, 2022) and magnetic lineaments indicated on the CLR property, as very prospective for discovery of a basement hosted uranium deposit. The Company continues to review the best type of EM geophysical surveys to conduct this summer, with ongoing discussions with contractors, prior to defining drill targets.
The Company is the beneficiary of a 100% interest in the Cluff Lake Road Uranium Project and controls all exploration and development of the Project at this time.
The Company cautions the discoveries and observations on properties in proximity to the Company’s properties are not necessarily indicative of the presence of similar mineralization or geology on the company’s properties.
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our
projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.
Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Triple R Uranium deposits have been made. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
Kiplin Metals Inc.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS TO BUILD WORK PROGRAM BASED ON RECENT REGIONAL DISCOVERIES
March 21st, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) to build 2023 work program with a focus on recent results announced by F3 Uranium Corp. (“F3”) on their Patterson Lake North (“PLN”) Project, immediately adjacent to the Company’s Cluff Lake Road (“CLR”) Uranium Project, located in northwestern Saskatchewan.
The CLR Project covers ~531 hectares in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Tripe R Uranium deposits have been made.
- On February 2nd, 2023 F3 reported a new high-grade uranium discovery in hole PLN22-038. The drill hole targeted up dip from hole PLS22-035 and returned an 11.0 m interval averaging 4.20% U3O8 including a high-grade 4.5 m interval averaging 9.8% U3O8, which further includes the ultra-high-grade core which assayed 22.9% over 1.5 m.
- On November 21st and 30th, 2022 F3 reported a new high-grade uranium discovery in hole PLN22-035 on the PLN Project on the A1 conductor (ground (“EM”) electro-magnetic survey), which intersected 3.48 metres of total composite mineralization with greater than 10,000 counts per second, including 2.5 metres of total off-scale radioactivity (greater than 65,535 counts per second), occurring as pitchblende patches. Drill hole PLN22-035 is located approximately 15 kilometres South-Southwest of the Company’s CLR Project.
The new uranium discovery by F3 related to the North-Northwest A-1 ground EM conductor is very encouraging, and the North Conductor Complex also identified by F3, with a similar strike and which trends onto the CLR Project, represents a high priority drill target for the Company in 2023.
The Company is the beneficiary of a 100% interest in the CLR Project and controls all exploration and development of the Project. The recently completed exploration program will assist in defining drill targets. The Company is applying for the requisite permits and expects to be drilling when permits are received. Readers are cautioned that the presence of mineralization in areas adjacent to those held by the Company is not necessarily indicative of mineralization that may existing on property held by the Company.
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.
Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Tripe R Uranium deposits have been made. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
Kiplin Metals Inc.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS ACQUIRES RIGHTS TO CLUFF LAKE ROAD URANIUM PROJECT
December 5th, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV:KIP, Frankfurt: 17G1) is pleased to announce that it has been granted an option to acquire a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project) from an arms-length third-party. The CLR Project covers ~531ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Tripe R Uranium deposits have been made. The CLR Project is 5km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000lbs of yellowcake uranium.
The CLR Project adjoins the eastern border of Fission 3.0’s Patterson Lake North Project, which has a long history of exploration. In 2013 and 2017 Zadar Ventures Ltd. completed both a DC Resistivity Geophysical Survey and a Radon Cup Survey at the CLR Project and defined the primary exploration target: a resistive anomaly, approximately 4km long, trending generally north-south and which is concurrent with radon gas anomalies, the latter being a uranium decay product.
At present, the Company is specifically reviewing similarities between the Shea Creek Deposit and the CLR Project. The Shea Creek Uranium Deposit is located ~30km northwest of the CLR Project and has an indicated mineral resource of 67.66 million pounds of uranium (2,067,900 tonnes grading 1.48% U3O8) and an inferred mineral resource of 28.19 million pounds of U3O8 (1,272,200 tonnes grading 1.01% U3O8) (Technical Report by Eriks P. Geo. 2013).
Under the terms of the option, the Company can earn a 100% interest in the CLR Project by making total cash payments of $120,000 over a 2-year period and spending $50,000 on exploration within the first year. Following exercise of the option, the CLR Project will be subject to a one-percent net smelter returns royalty which can be purchased for a one-time cash payment of $1,000,000.
Further information on the CLR Project and planned exploration activities will be released in the coming weeks.
The Company announces that, effective December 1, 2021, the board of directors have elected Gil Schneider as President and CEO of the Company. Gil Schneider was with Aramark Corporation for 15 years as Vice President of New Business Development. Aramark at the time had 259,000 employees and annual revenues of over $13 billion. Since leaving Aramark, Gil has gone on to co-found a number of public companies and serve on the boards of several public and private companies. Clive Massey has resigned from the board to pursue other opportunities. The Company thanks Mr. Massey for his services.
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS SETS EXXETER FALL 2021 EXPLORATION PROGRAM
September 8, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV:KIP, Frankfurt: 17G1) is pleased to announce the Company’s intention to begin Phase 1 exploration at its wholly-owned Exxeter Gold Project, located in Val d’Or Quebec, one of the most prolific gold camps in the world. The exploration program is slated for mid-September and is to consist primarily of short hole drilling, with Shaw drills, of prospective zones, where anomalous gold in soil values correlate strongly with subsurface geophysical anomalies and trends. Given the proximity to significant gold deposits, both on trend with the Company’s targets and those in close proximity, the board is very optimistic about the fall program. Peter Born P.Geo., is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals
Kiplin Metals is an early-stage exploration and development mining company. The Company’s management understands that the greatest value creation for shareholders is through the discovery, and development of mineral resources, therefore the company focuses on project that can provide such impact. Kiplin Metals has the rights to two highly perspective minerals exploration assets in Canada, a region in the world known for its resources, collaborative regulatory structure and stable economic and political environment.
The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold camps in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in the Val d’Or.
The Lac Rochester Copper Project is located on the eastern border of the 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 Gold Project. Past exploration of the Lac Rochester Copper Project has identified multiple high copper and iron values, concurrent with a large, northeast trending magnetic anomaly.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS OPTIONS COPPER PROPERTY IN QUÉBEC
August 4th, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (“The Company”) (TSXV:KIP, Frankfurt: 17G1) is pleased to announce that it has entered into a mineral property option agreement (the “Option Agreement”) with Kode Mineral Exploration Ltd. (the “Vendor”), an arms-length third party, pursuant to which the Company has been granted the option to acquire a 100% interest in the Lac Rochester Copper Property (the “Project”) which is comprised of 48 map designated mineral claims, covering an area of approximately 2,774 hectares in the Province of Quebec.
The Lac Rochester Copper Project is located on the eastern border of the 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 Gold Project. Exploration of the Lac Rochester Copper Project in the 1960’s identified multiple high copper and iron values, concurrent with a large, northeast trending magnetic anomaly. The Company is in the process of compiling and digitizing historical date on the project, with the intention of commencing exploration in the near term.
Under the terms of the Option Agreement, the Company can acquire all rights to the Project, subject to a one-percent net smelter returns royalty on commercial production to be granted to the Vendor, which can be purchased by the Company at any time for a cash payment of $1,000,000. In order to exercise the option and acquire the Project, the Company must make cash payments to the Vendor of $400,000; $10,000, on signing of the Agreement, $140,000 at eighteen months after the signing of the Agreement, $250,000 at thirty-six months after the signing of the Agreement. The company must also incur work expenditures of $400,000 on the Project, all over a three-year term.
No securities of the Company are issuable to the Vendor in accordance with the Option Agreement. The Company does not intend to devote the majority of its resources to the development of the Project in the next twelve-months, nor does it expect the Project to represent the majority of its assets going forward.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS LOOKS TO ACQUIRE BRITISH COLUMBIA COPPER PROJECT
June 20, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV: KIP) is pleased to announce that following completion of a review of strategic acquisition opportunities in the exploration-stage resource sector, the Company has identified a copper project in Canada for potential acquisition. The Company is currently in the final stages of negotiating the acquisition of the project and expects to provide further information regarding the project and the terms of the transaction once an agreement has been reached. If completed, the acquisition would add to the Company’s existing project portfolio.
Readers are cautioned that while negotiations are at an advanced stage, there can be no guarantee that a final agreement will be reached or that any new project will be acquired by the Company.
For further information, contact the Company at 604.622.1199.
On behalf of the Board,
Kiplin Metals Inc.
Peter Born, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS ANNOUNCES PHASE ONE EXPLORATION PROGRAM FOR EXXETER PROJECT IN QUÉBEC
January 6, 2021 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV: KIP) is pleased to announce that following completion of a technical review of existing data on the Exxeter Project, located in the Province of Québec, the Company has formulated the initial phase of an exploration program for the Project. Initially, the Company intends to conduct an IP (Induced Polarization) survey of the Project to complete the global dataset and refine drilling targets. Once this initial survey work is complete, the Company plans to test subsurface anomalies on the Project with short-hole drilling.
The Company anticipates that IP survey work will be completed in the first quarter of 2021, and will provide further information as work commences and exploration plans are finalized.
About the Exxeter Project
The Company currently holds an option to acquire the Exxeter Project, which comprises a series of thirteen map-designated mineral claims covering an area of approximately 748 hectares, located in Val d’Or, Quebec, one of the premier gold camps in the world. The Project covers 3.8 kilometers of the Cadillac Tectonic zone, which is the principal geologic structure responsible for gold mineralization in the Val d’Or. A 2016 exploration program on the Project included soil sampling at 200 meter spacing. Of 167 samples, 18 assayed 5ppb Au or higher. Three samples assayed higher than 50ppb Au and appear to be related to 6 sub-parallel structures related to the Cadillac Fault, as interpreted by a 2016 magnetometer survey and a 2017 IP survey. In addition, a follow-up soil sampling conducted at 25 meter spacing, identified 95 samples assaying 5ppb or higher and 9 samples assaying 50ppb Au or higher.
The Exxeter Gold Project is surrounded by significant showings and deposits, and the region has a long history of metal exploration and mining. The first recorded mining production in the region came from the Stabell mine which produced 100 ounces of gold in 1914. In the latter half of the 1920’s, several mines started production including the O’Brien, Waite-Amulet and Siscoe. At the end of 2019, there were eight mines in the region producing gold with additional production of silver, copper and zinc. There are an additional 74 deposits with established mineral reserves and resources of various commodities and at stages from resource definition through feasibility.
The technical content in this news release has been reviewed and approved by Peter Born, P.Geo., a qualified person under National Instrument 43-101.
For further information, contact the Company at 604.622.1199.
On behalf of the Board,
Kiplin Metals Inc.
Peter Born, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
KIPLIN METALS ANNOUNCES DEVELOPMENT OF EXPLORATION PROGRAM FOR EXXETER PROJECT IN QUÉBEC
November 6, 2020 – Vancouver, British Columbia – Kiplin Metals Inc. (the “Company”) (TSXV: KIP) has commenced a technical review of existing data on the Exxeter Project, located in the Province of Québec, with a view to developing an exploration program for the Project which can be completed in the first quarter of 2021. The Company currently holds an option to acquire the Exxeter Project, which comprises a series of thirteen map-designated mineral claims covering an area of approximately 748 hectares.
The Company will provide further information on the planned exploration program for the Project, once the initial technical review has been completed.
For further information, contact the Company at 604.622.1199.
On behalf of the Board,
Kiplin Metals Inc.
Peter Born, Director
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This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.