UMDONI EXPLORATION ANNOUNCES COMMENCES 2023 WORK PROGRAM Vancouver, British Columbia (September XX, 2023) – Umdoni Exploration Inc. (CSE:UDI) (the “Company” or “Umdoni ”) is pleased to inform its shareholders that it ha s commenced its
UMDONI EXPLORATION ANNOUNCES COMMENCES 2023 WORK PROGRAM
Vancouver, British Columbia (September XX, 2023) – Umdoni Exploration Inc. (CSE:UDI)
(the “Company” or “Umdoni ”) is pleased to inform its shareholders that it ha s commenced its
2023 exploratory work program at its 100% owned Chlore Property (the “Property”) located near
Smithers, BC. The Property hosts a calc- alkalic porphyry copper-molybdenum target.
This phase of exploration on the Property will be c omprised of soil and rock-chip sampling.
Collectively, these activities will assist the team in gaining a more detailed understanding of
alteration and mineralization that will assist in defining drill targets.
In 2021 the Company’s work plan was focused on obtaining an understanding of the alteration and
mineralization on the Property. The work program in cluded helicopter borne magnetic and
radiometric surveys over the whole Property area.
On behalf of the Board of Directors
UMDONI EXPLORATION INC.
“Jesse Hahn”
CEO and Director
For more information, please contact the Company at 604.428.7050.
About Umdoni
The Company is in the business of mineral exploration. The Company is focused on the exploration
of its 100% owned Chlore Property located near Smithers, BC. The Property hosts a calc- alkalic
porphyry copper-molybdenum target.
Forward-Looking Statements
Statements and certain information contained in this press release and any documents incorporated
by reference may constitute “forward-looking statem ents” within the meaning of applicable
Canadian securities legislation which may include, but is not limited to, information with respect
to the Company’s expected production from, and furt her potential of, the Company’s properties;
the Company’s ability to raise additional funds; the future price of minerals, particularly gold and
copper; the estimation of mineral reserves and mine ral resources; conclusions of economic
evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future
production; costs of production; capital expenditures; success of exploration activities; mining or
processing issues; currency exchange rates; governm ent regulation of mining operations; and
environmental risks. Often, but not always, forward -looking statements/information can be
identified by the use of words such as “plans”, “ex pects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative
variations) of such words and phrases, or statements that certain actions, events or results “may”,
“could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking
statements/information is based on management’s expectations and reasonable assumptions at the
time such statements are made. Estimates regarding the anticipated timing, amount and cost of
exploration and development activities are based on assumptions underlying mineral reserve and
mineral resource estimates and the realization of s uch estimates are set out herein. Capital and
operating cost estimates are based on extensive research of the Company, purchase orders placed
by the Company to date, recent estimates of constru ction and mining costs and other factors that
are set out herein.
Forward-looking information involves known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of Umdoni and/or its subsidiaries
to be materially different from any future results, performance or achievements expressed or
implied by the forward-looking statements. Such factors include: uncertainties of mineral resource
estimates; the nature of mineral exploration and mining; variations in ore grade and recovery rates;
cost of operations; fluctuations in the sale prices of products; volatility of gold and copper prices;
exploration and development risks; liquidity concerns and future financings; risks associated with
operations in foreign jurisdictions; potential revo cation or change in permit requirements and
project approvals; competition; no guarantee of tit les to explore and operate; environmental
liabilities and regulatory requirements; dependence on key individuals; conflicts of interests;
insurance; fluctuation in market value of Umdoni’s shares; rising production costs; equipment
material and skilled technical workers; volatile cu rrent global financial conditions; and currency
fluctuations; and other risks pertaining to the mining industry. Although Umdoni has attempted to
identify important factors that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that cause actions, events
or results to differ from those anticipated, estima ted or intended. Forward-looking information
contained herein or incorporated by reference are made as of the date of this presentation or as of
the date of the documents incorporated by reference , as the case may be, and Umdoni does not
undertake to update any such forward-looking information, except in accordance with applicable
securities laws. There can be no assurance that for ward-looking information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
information. Accordingly, readers are cautioned not to place undue reliance on forward-looking
information. The forward-looking information contai ned or incorporated by reference in this
document is presented for the purpose of assisting shareholders in understanding the financial
position, strategic priorities and objectives of th e Company for the periods referenced and such
information may not be appropriate for other purposes.
The CSE does not accept responsibility for the adequacy or accuracy of this news release.