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Protium Clean Energy Corp
Symbol GRUV
Shares Issued 97,253,506
Close 2024-12-18 C$ 0.05
Market Cap C$ 4,862,675
Recent Sedar Documents

Protium Clean acquires additional 31 claims in Ontario

2024-12-18 20:06 ET - News Release

Mr. Marc Branson reports

PROTIUM STAKES ADDITIONAL HYDROGEN PROSPECTIVE CLAIMS

Protium Clean Energy Corp. has acquired an additional 31 claims totalling approximately 620 hectares.

The claims are located in the geographic townships of Angus, Burnaby and Parkman, Sudbury mining division, Ontario, Canada, and strategically located near the Lake Timiskaming structural zone, with two northwest-southeast graben faults intersecting a northeast-trending cross fault.

Parallel and adjacent to the northeast-trending cross fault is a five-kilometre-long, 800-metre-wide hydrogen quadratic discriminant function classifier (QDFC) "predictive fingerprint target." The hydrogen fingerprint target was partly generated based on artificial intelligence learning, which utilized the locations of QIMC's known hydrogen anomalies as trainers.

Satellites mapped various hydrogen abundances over the claim block for different seasons, with the highest abundance detected on April 15 during the ice breakup period. Radon and helium gas were also detected.

Exploration in the area has been limited, though occurrences of iron, copper, nickel and titanium have been documented. In addition to metallics, the area has the potential for the emplacement of kimberlites. In 2003, a geochemical prospecting program returned positive results for KIMs (kimberlite indicator minerals) and KIEs (kimberlite indicator elements).

The claim block is east of the Angus and Flett mafic intrusions, and the claims will be in good standing until Dec. 17, 2026.

"We are excited to announce this land expansion for the company. This aligns with our strategy to aggressively stake additional claims based on ongoing satellite surveys, with the aim to become the largest landholder in Canada of hydrogen prospective targets," said Marc Branson, chief executive officer of Protium Clean Energy.

About Protium Clean Energy Corp.

Protium is a junior exploration and development company focused on identifying, acquiring and exploring prospective minerals in Canada's extensive natural resource portfolio. It focuses on exploring and developing its 100-per-cent-owned Nakina lithium and Firstbrook hydrogen properties in Ontario, located in Northern Canada, and identifying and pursuing further opportunities by region using various satellite surveys. This allows Protium to evaluate large tracts of land quickly and cost-effectively to delineate targets for natural gases and critical minerals required for the modern world.

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