TERRA CLEAN ENERGY CORP. (“Terra” or the “Firm”) (CSE: TCEC, OTCQB: TCEFF, FSE: 9O0), is happy to announce the completion of the primary three drill holes on the South Falcon East Uranium Undertaking (the “Property”) which hosts the Fraser Lakes B Uranium Deposit. Drilling will proceed all through March and is anticipated to finish over 2000 meters (m) of drilling.
The South Falcon East Undertaking lies 18 km outdoors the sting of the Athabasca Basin, roughly 50 km east of the Key Lake uranium mill and former mine (Determine 1). The Firm entered into an possibility settlement with Skyharbour Sources Ltd. (“Skyharbour”) in October of 2022 whereby the corporate can earn as much as a 75% curiosity within the Property.
The Firm is at the moment conducting a 2000-2200 m helicopter supported drill program on the Property. Three diamond drill holes have been accomplished on the Fraser Lakes B Uranium Deposit, for a complete of 802 m. A fourth gap in progress. (Determine 3)
“We’re extraordinarily inspired by the outcomes of the primary three drill holes as we proceed to see minerlization in every of the primary three holes in addition to what we imagine to be an growth of the deposit to the North. As acknowledged beneath, Gap SF063 returned a steady mineralized zone of pegmatities from 173 meters to 224 meters with some respectable grades.” Primarily based on the preliminary outcomes from Gap SF063 we now have determined to reorganize the remaining meters of this program to concentrate on additional defining this new space of curiosity and chasing clay alteration not but seen on the property to this point, with hopes of discovering a excessive grade unconformity uranium deposit.” stated Greg Cameron CEO of the Firm.
Gap SF063 was deliberate to look at an interpreted cross fault offsetting the mineralization and geology on the east finish of the Fraser Lakes B Uranium Deposit. This gap was drilled to a depth of 393 meters and intersected a number of buildings and a 51 m large interval of mineralized granitic pegmatites and zones inside altered and graphitic pelitic gneiss. Highlights embrace:
- 0.03% eU over 12.0 m from 173.55 to 185.55 m,
together with 0.06% eU3O8 over 0.7 m from 180.35 to 181.05 m
- 0.03% eU over 3.0 m from 213.65 to 216.65 m,
together with 0.07% eU3O8 over 0.5 m from 215.95 to 216.45 m
The primary construction intersected from 18 m to 47.5m contained zones of intense clay alteration sometimes present in relation to unconformity uranium deposits. The presence of this alteration is an effective indication that hydrothermal fluids appropriate for deposition of higher-grade uranium deposits moved via the rocks. The second construction from 306 to 315 m is a brecciated pelitic gneiss located between two intervals of Archean gneiss. This construction is interpreted to be answerable for the geological offset being focused. It will help in updating the goal mannequin on this space. The intersections of a clay altered construction and a thick sequence of mineralized pegmatites and pelitic gneiss have expanded the mineralization and improved the prospectivity on the east finish of the Fraser Lakes B Uranium Deposit.
”The outcomes from the drilling to date are very encouraging,” commented Trevor Perkins, Vice President of Exploration for Terra Clear Power Corp. “The primary two holes have proven that the deposit continues to be open down dip to the north and northwest. Gap SF0063 has proven that there’s important potential for upgrading the deposit on the east finish. We’re excited to see the place this could lead”, continued Mr. Perkins.
Drilling is constant with one gap in progress within the T-Bone lake space to look at the conductive package deal and alteration intersected within the space in historic drilling. Pad preparation is underway to return to the world round SF0063 and comply with up on the clay alteration and pegmatites. Efforts will likely be made to comply with the alteration and pegmatites to the place they intersect, as this ought to be an space of fluid pooling and upgrading of mineralization throughout the deposit.
Gap SF061 was deliberate to check for a down dip extension of mineralization intersected in gap FP-15-05 and was drilled to a depth of 209 m. Drilling intersected a 35 m interval containing a number of mineralized granitic pegmatites and zones inside altered and graphitic pelitic gneiss. Essentially the most notable zone returned an equal grade of 0.02% eU3O8 over 2.2 m from 150.25 to 152.45 m, together with 0.05% eU3O8 over 0.6 m from 151.65 to 152.25 m.
Historic diamond drill gap FP-15-05 was drilled by Skyharbour in 2015 and returned a number of zones of mineralization over a 14m interval, together with 6m of .10% U308 (together with a 2m of 0.165% U3O8 (from 135m) and a couple of.5m of 0.172% U3O8 (from 145m).
Gap SF062 was deliberate to check for an alongside strike extension of mineralization intersected in holes FP-15-05 and SF0061, and was drilled to a depth of 200 m. Drilling intersected a 21 m interval containing a number of mineralized granitic pegmatites and zones inside altered and graphitic pelitic gneiss. Essentially the most notable zone returned an equal grade of 0.03% eU3O8 over 2.2 m from 141.75 to 144.15 m, together with 0.05% eU3O8 over 0.4 m from 143.15 to 143.55 m.
Whereas each of those holes prolonged the mineralization down dip and alongside strike to the north and northwest, they didn’t intersect the upper grades encountered in gap FP-15-05. That is because of the potential variability throughout the pegmatite swarm. So long as the mineralized pegmatites are current, increased grades will likely be encountered throughout the total mineralized zone.
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Determine 1: South Falcon East Uranium Undertaking Location – Jap Athabasca Basin, Saskatchewan, Canada
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Determine 2: 2025 Drill Goal areas on the South Falcon East Uranium Undertaking
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Determine 3: 2025 – Accomplished drill holes at South Falcon East Uranium Undertaking
Samples of the mineralized intervals throughout the drill core have been collected and shipped for evaluation on the Geoanalytical Laboratory on the Saskatchewan Analysis Council in Saskatoon, Saskatchewan. The Firm will present extra detailed outcomes as soon as geochemical evaluation of the collected core samples is accomplished, reviewed and confirmed.
QA/QC, Radiometric Equal Grades and Spectrometer Readings:
All drill intervals above are downhole size and sampling procedures and QA/QC protocols for geochemical outcomes in addition to an outline of downhole gamma probe grade calculations and protocols are beneath. All drill core samples are shipped to the Saskatchewan Analysis Council Geoanalytical Laboratories (“SRC”) in Saskatoon, Saskatchewan underneath the care of Terra personnel for preparation, processing, and multi-element evaluation by ICP-MS and ICP-OES utilizing whole (HF:NHO3:HClO4) and partial digestion (HNO3:HCl), boron by fusion, and U3O8 wt% assay by ICP-OES utilizing increased grade requirements. Assay samples are chosen primarily based on visible inspection, downhole probing radiometric equal uranium grades and scintillometer (Radiation Options RS-125) peaks. Assay pattern intervals comprise 0.5 to 1.0 metre steady half-core break up samples over the mineralized interval. These samples can also be chosen for density willpower utilizing the misplaced wax technique. With all assay samples, one half of the break up pattern is retained and the opposite despatched to the SRC for evaluation. The SRC is an ISO/IEC 17025/2005 and Requirements Council of Canada licensed analytical laboratory. Blanks, customary reference supplies, and repeats are inserted into the pattern stream at common intervals by Terra and the SRC in accordance with Terra’s high quality assurance/high quality management (QA/QC) procedures. Geochemical assay knowledge are topic to verification procedures by certified individuals employed by Terra previous to disclosure.
Throughout lively exploration packages drillholes are radiometrically logged utilizing calibrated downhole Mount Sopris 4OTGU or 2GHF probes of various sensitivities which accumulate steady readings alongside the size of the drillhole. Preliminary radiometric equal uranium grades (“eU3O8”) are then calculated from the downhole radiometric outcomes. The probe is calibrated utilizing an algorithm calculated from the calibration of the probe on the Saskatchewan Analysis Council facility in Saskatoon and from the comparability of probe outcomes in opposition to geochemical analyses. Within the case the place core restoration inside a mineralized intersection is poor or non-existent, radiometric grades are thought of to be extra consultant of the mineralized intersection and could also be reported within the place of assay grades. Radiometric equal probe outcomes are topic to verification procedures by certified individuals employed by Terra previous to disclosure.
About Terra Clear Power Corp.
Terra Clear Power (previously Tisdale Clear Power Corp) is a Canadian-based uranium exploration and growth firm. The Firm is at the moment growing the South Falcon East uranium mission, which holds a 6.96M pound inferred uranium useful resource throughout the Fraser Lakes B Uranium Deposit, positioned within the Athabasca Basin area, Saskatchewan, Canada.
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Certified Individual
The technical info on this information launch has been ready in accordance with the Canadian regulatory necessities set out in Nationwide Instrument 43-101 and reviewed on behalf of the corporate by C. Trevor Perkins, P.Geo., the Firm’s Vice President, Exploration, and a Certified Individual as outlined by Nationwide Instrument 43-101.
*The historic useful resource is described within the Technical Report on the South Falcon East Property, filed on sedarplus.ca on February 9, 2023. The Firm just isn’t treating the useful resource as present and has not accomplished enough work to categorise the useful resource as a present mineral useful resource. Whereas the Firm just isn’t treating the historic useful resource as present, it does imagine the work carried out is dependable and the data could also be of help to readers.
Ahead-Wanting Info
This information launch accommodates forward-looking info which isn’t comprised of historic info. Ahead-looking info is characterised by phrases equivalent to “plan”, “anticipate”, “mission”, “intend”, “imagine”, “anticipate”, “estimate” and different related phrases, or statements that sure occasions or circumstances “might” or “will” happen. Ahead-looking info includes dangers, uncertainties and different components that would trigger precise occasions, outcomes, and alternatives to vary materially from these expressed or implied by such forward-looking info, together with statements relating to the potential growth of mineral assets and mineral reserves which can or might not happen. Elements that would trigger precise outcomes to vary materially from such forward-looking info embrace, however should not restricted to, modifications within the state of fairness and debt markets, fluctuations in commodity costs, delays in acquiring required regulatory or governmental approvals, and common financial and political circumstances. Ahead-looking info on this information launch relies on the opinions and assumptions of administration thought of cheap as of the date hereof, together with that every one crucial approvals, together with governmental and regulatory approvals will likely be obtained as and when anticipated. Though the Firm believes that the assumptions and components utilized in making ready the forward-looking info on this information launch are cheap, undue reliance shouldn’t be positioned on such info. The Firm disclaims any intention or obligation to replace or revise any forward-looking info, whether or not due to new info, future occasions or in any other case, apart from as required by relevant legal guidelines. For extra info on the dangers, uncertainties and assumptions that would trigger our precise outcomes to vary from present expectations, please confer with the Firm’s public filings out there underneath the Firm’s profile at www.sedarplus.ca.
Neither the CSE nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the CSE) accepts duty for the adequacy or accuracy of this launch.
For additional info please contact:
Greg Cameron, CEO
Terra Clear Power Corp
Suite 303, 750 West Pender Avenue
Vancouver, BC V6C 2T7
