Trench Metals Commences Summer 2021 Exploration Program at Gorilla Lake Uranium Project, Athabasca, Saskatchewan, Canada
Vancouver, Canada - TheNewswire – July 19th, 2021 - Trench Metals Corp. (the “Company”) (TSXV:TMC) (FWB:33H2) is pleased to announce that, the Company’s summer exploration program will commence this week. The 2021 program will consist of geological mapping, surface sampling and short hole drilling utilizing back-pack drills, capable of reaching depths of up to 30 feet. The field crew will also be utilizing Radiation Solutions RS125 scintillometers to identify radioactive samples at surface. Exploration activity will be focused on targets identified on the shores of Gorilla Lake. Historic drilling in the area has demonstrated that rocks in the target area have been subject to several successive hydrothermal events. The Company will also be examining drill core for several pathfinder elements which were identified at the nearby Cluff Lake Mine.
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 Trench Metals Corp
Trench Metals Corp. is a mineral exploration company. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.
Trench Metals Corp. has the right to earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.
On behalf of the Board,
Trench Metals Corp.
Simon Cheng, Chief Executive Officer
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This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to completion of a work program at the Project, the anticipated timing for the commencement of such a program, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.