Vancouver, British Columbia, September 6, 2024 ‐ TheNewswire - Blast Resources Inc. (“Blast” or the “Company”) (CSE: BLST), the company wishes to announce that it is preparing to mobilize by helicopter an exploration crew on it's Saskatchewan  Uranium exploration property located in the southwestern quarter of the world-famous Athabasca basin. The company has identified by available geophysical data that based on noteworthy subsurface structures the exploration team will concentrate on before the winter sets in. The company will provide an update on this phase of exploration in a month or so once the field data has been assembled.

 

The Company also wishes to announce that it will not be continuing with the Option on the Vernon Hills Cobalt project as preliminary surface evaluation concluded that there is very little chance of their being an economic Cobalt deposit possible at this location. The company's Management believes that precious exploration funds are better spent on the Athabasca Basin.

 

About Blast Resources Inc.

Blast is a mineral exploration company trading on the Canadian Securities Exchange. The Company has options over mineral exploration projects in Saskatchewan. The project in Saskatchewan is located near Highway 955 south of Wales Lake and sits just outside the southwest margin of the Athabasca Basin. The properties sit in geographic proximity to the Patterson Lake Corridor which contains two known Uranium ore bodies. This area of Saskatchewan is the center of intense geologic exploration over the last couple of years due to the number economic and near economic discoveries of Uranium Oxide(U3O8) and the great grades that are being discovered.

  ON BEHALF OF THE BOARD

Gary Claytens
President and CEO

For further information, please contact:

Blast Resources Inc.

E-mail: info@blastresources.com

Website:   www.blastresources.com

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws.  The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements.  In particular, this press release contains forward looking statements concerning the Offering, use of proceeds from the Offering, conversion of the Debentures, and the Company completing arm’s length equity financing(s) for minimum gross proceeds of $600,000.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct.  Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks.  These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them.  These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

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

 

The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

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