Mr. Casey Forward reports
BLAST RESOURCES ANNOUNCES A STRUCTURAL CORRIDOR ON AT ITS FLAGSHIP WALES LAKE PROJECT
Blast Resources Inc. has found a structural corridor on the Blast mineral claims. The company has three claim groups on the southwestern side of the Athabasca basin in Northern Saskatchewan.
Casey Forward, chief executive officer and director of the company, commented: "We are very excited to announce the newly identified structural corridor found at our Wales Lake uranium project. The identification of this corridor provides us with a heightened understanding of our project as we develop as a company and continuously seek sustainable growth for our investors. Moving forward, we are well equipped to continue driving advancement at the project and look forward to sharing what we uncover next."
This structural corridor is a zone of approximately parallel faults or shears in basement rock. The trend extends both north-northwest (330 degrees) and south-southeast (150 degrees) of the Blast claims continuous within the Blast claims for a length of nine kilometres. Width of the zone as indicated by basement conductors (Fission 3) may be three km. Info on this target is a result of the December, 2024, airborne magnetic survey done by the company and historic F3 Uranium fieldwork (public domain).
In structural geology, a structural corridor refers to a long, relatively narrow area defined by specific geological structures, such as faults, shears or folds, which can influence the location of geological features and resources.
The Athabasca basin's structural corridors are critical for understanding the sites of uranium mineralization, particularly the relationship to unconformity-related deposits. These corridors, often major fault zones, act as pathways for uranium-bearing fluids and provide geometric traps for ore deposition.
The company is focused on conductors in basement rock that acted as traps for uranium mineralization. Unconformity-related deposits, uranium mineralization is often associated with the unconformity surface, where older basement rocks are overlain by younger sedimentary rocks. Conductors in the basement rocks can guide fluids from deeper sources to the unconformity, where they can deposit uranium.
The Wales Lake project is accessible along the all-weather gravel road provincial Hwy. 955 from La Loche to the past-producing Cluff Lake uranium mine. Hwy. 955 crosses approximately 1.5 km to the east of the project, and access to the west may be on ungazetted bush roads and tracks.
Qualified person statement
The scientific and technical information contained in this news release was prepared and approved by Locke Goldsmith, MSc, PEng, PGeo, Arctex Engineering Services, who is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
About Blast Resources Inc.
Blast Resources is a mineral exploration company trading on the Canadian Securities Exchange. The company is currently focused on exploration at its flagship Wales Lake uranium project.
Situated south of Wales Lake and positioned just outside of the southwestern margin of the Athabasca basin, the project is strategically located within the Patterson Lake corridor, which hosts two significant uranium deposits (Triple R deposit, 2.2 million tonnes of 1.58 per cent triuranium octoxide and 0.51 gram per tonne gold, and the Arrow deposit, which is the largest source of low-cost uranium globally, delivering up to 30 million pounds of high-grade uranium per year). The deposits represent one of the largest high-grade uranium systems globally, comparable with world-class deposits such as McArthur River, Cigar Lake and Key Lake.
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