16:14:37 EST Tue 30 Dec 2025
Enter Symbol
or Name
USA
CA



Kirkstone Metals Corp
Symbol KSM
Shares Issued 27,716,666
Close 2025-12-29 C$ 5.75
Market Cap C$ 159,370,830
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Kirkstone Metals stakes Douglas River uranium project

2025-12-30 09:28 ET - News Release

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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