Mr. Clive Massey reports
KIRKSTONE METALS ANNOUNCES STAKING OF DOUGLAS RIVER URANIUM PROJECT IN THE ATHABASCA REGION
Kirkstone Metals Corp. has acquired, through strategic staking by the company's agents, of the
Douglas River uranium project, located in the Cluff Lake uranium district of Northern Saskatchewan.
The
Douglas River uranium project
encompasses approximately
1,326 hectares
and is situated along the edge of the
Carswell meteorite impact multiring structure, an area recognized for its geological significance and historical uranium activity. The property lies approximately
seven kilometres south of the decommissioned Cluff Lake uranium mine, which historically produced approximately
62 million pounds of U3O8 (triuranium octoxide) between 1980 and 2002
(CNSC, 2023).
Exploration interest in the Douglas River area is based on a series of
subsurface conductive anomalies totalling more than 12 kilometres, which were identified by
Cogema Resources Inc.
following a
Geotem electromagnetic survey completed in 1994. The project is accessible by Highway 955 and associated local trail networks.
The Douglas River uranium project is located approximately
15 kilometres south of Kirkstone's Gorilla Lake claims. With the addition of Douglas River, Kirkstone now holds a combined
8,230.9 hectares
of mineral tenure in the Cluff Lake district, referred to collectively as the
Carswell Complex project.
Clive Massey, president and chief executive officer of Kirkstone, stated:
"The Douglas River acquisition adds significantly to our land position in the Cluff Lake region.
We are targeting a region with a known high-grade pedigree. By acquiring projects near former producers, we are hoping to derisking our exploration efforts compared to greenfield
sites.
The company intends to complete further a technical review and determine how to best proceed within the broader Carswell Complex project."
The company will provide further information as the technical assessment and planning progresses.
Qualified person
The technical information in this release has been reviewed and approved by
Tim Henneberry, PGeo, a qualified person as defined under
National Instrument 43-101, who is a consultant to the company.
Historical data cautionary statement
Historical exploration data referenced in this news release, including results from historical airborne geophysical surveys, were generated by previous operators. While the company considers this information to be relevant and reasonably reliable, the company has not independently verified all historical data. The information should not be relied upon as current. Additional work, including field verification, would be required to classify any historical information as current.
About Kirkstone Metals Corp.
Kirkstone Metals is a Canadian mineral exploration company focused on uranium exploration within established mining jurisdictions in Canada.
We seek Safe Harbor.
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