Calgary, AB - TheNewswire - June 9, 2023 - Whitemud Resources Inc. (“Whitemud” or the “Company”) (TSXV:WMK) provides an operational update.

Whitemud Resources is pleased to provide an operational update. During the second quarter of 2023, Whitemud commissioned and tested a small scale prototype flash calciner at its Wood Mountain, SK mine site.  The tests demonstrated that the flash calcining process transformed raw kaolin into metakaolin at rates and efficiencies in line with Whitemud's expectations and initial performance testing of the metakaolin produced positive results.

Additional production and testing is planned in order to determine the feasibility of designing a full scale production flash calciner to replace the existing rotary kiln process. This would result in a lower energy input enabling the production of metakaolin to be more environmentally efficient and cost effective.

About Whitemud Resources Inc.

Whitemud is a Canadian-based corporation holding mineral rights to exploit a large kaolin deposit in southern Saskatchewan, together with a processing facility located on the property. Whitemud’s product, Whitemud (MK) is a cement-grade metakaolin that enhances the performance of cement for oil and gas wells and construction applications. The Company uses a process that minimizes environmental impact.

Midstream Energy Partners, a division of Whitemud Resources Inc. formed in 2015, engages in the business of commodity marketing and logistics.

For further information, please contact:

Whitemud Resources Inc.

General Inquiries

Suite 900, 332 - 6th Avenue SW

Calgary, Alberta T2P 0B2

Attention: Stan Owerko: 403-200-5253

Reader Advisory

This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Whitemud’s business and affairs.  In certain cases, forward-looking statements can be identified by the use of words such as ‘‘attempts’’, ‘‘intends’’, “continues”, “plans” or variations of such words and phrases or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’.  These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.  Although Whitemud believes these statements to be reasonable, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon.  Such statements include statements with respect to the feasibility of designing a full scale production flash calciner and the resulting lower energy input. Actual results could differ materially from those anticipated in these forward-looking statements. The technology may not be sufficiently developed to design the full scale production flash calciner or such development may not be economical. If developed, such flash calciner may not achieve the anticipated energy efficiency. Results could be impacted by prevailing economic conditions and other factors, many of which are beyond the control of Whitemud. The forward-looking statements contained in this news release represent Whitemud’s expectations as of the date hereof and are subject to change after such date. Whitemud disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable securities regulations.  

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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