Musk Metals Completes Exploration at Its Fafnir Lake Uranium and Molybdenum Property in Quebec
MUSK METALS COMPLETES EXPLORATION AT ITS FAFNIR LAKE URANIUM AND
MOLYBDENUM PROPERTY IN QUEBEC
December 4, 2024, VANCOUVER, BC – Musk Metals Corp. (“Musk Metals” or the “Company”) (CSE:
MUSK) (OTC: EMSKF) (FSE: 1I30) is pleased to announce that it has completed its initial outcrop sampling
program on its 100% owned Fafnir Lake Uranium and Molybdenum Property, located in the Upper Laurentides
region of Quebec. The Company carried out detailed outcrop sampling in an area roughly 4 km by 1 km
encompassing both the Fafnir Lake and Huillier Lake showings which are nearly 3 km apart.
Property geology consists of predominantly quartz-feldspar paragneisses intruded by multiple late stage coarse to
mostly pegmatitic granite dykes that are sometimes of monzonite composition due to its variable quartz content.
These whitish to pinkish pegmatites are of pluri-metric size and often tens of metres, and can become orange to
reddish with increasing hematization. Intensities of alteration and deformation of paragneisses are generally
enhanced with increasing number of intruded pegmatite dyke; in some areas, these paragneisses have low cohesion.
This exploration campaign allowed to better outline the area of interest at approximately 3 km to 500 to 700 metres
wide, oriented north-south within the Fafnir Property. West and east of that zone of interest, the percentage and
number of pegmatites are decreasing rapidly. Nearly 100 outcrops were mapped, including the Fafnir showing and
most mineralized and reported outcrops within this area of interest. Unfortunately, the Huillier showing, identified
and reported in 1968, may have not been sampled.
Although sulfides were not observed in most samples, few samples had sulfides up to 5% either in pegmatites and
paragneisses. Black and dark minerals are often present in pegmatites and allanite, a Rare Earth Element, was
positively observed. Metamict texture was also observed in some samples, indicating the possible presence of
thorium and/or uranium.
41 rock samples were sent in Val-D’Or for critical element assays, including uranium, molybdenum and Rare Earth
Elements.
The Fafnir Lake property consists of 36 claims covering 2,102 hectares (21 km2). The Property is approximately
75 km north of the town of Mont-Laurier and has good access through a network of secondary and lumber roads.
The property is comprised of the Huillier Lake and Fafnir Lake showings.
The Fafnir Lake showing was discovered in 2006 and consists of an intensely altered pegmatite body where a grab
sample yielded 0.16% uranium oxide (“U3O8”), 0.06% molybdenum (“Mo”), 0.06% lead (“Pb”), 0.15% zirconium
(“Zr”), and 92 ppm niobium (“Nb”). Approximately 750 metres to the north-northwest, historical drill hole C-8
returned 0,19% U3O8 over 3 metres.
Discovered in 1968 and never followed-up, the Huillier Lake showing is nearly 3 km north of the Fafnir Lake
showing and consists of at least 5 light colored and parallel pegmatite dykes, striking almost due north and dipping
10 to 20 degrees to the east. A total of 3 historical holes drilled from the Huillier showing crosscut several 0.3 to
0.6 metre wide intervals that assayed 0.06 to 0.11% U3O8; no assays were available for Mo, Pb, Zr or Nb.
Musk Metals cautions that the geological information provided in this news release is of historical nature and
mineralization may not be representative of mineralization on the Fafnir Lake property.
Benoit Moreau, P.Eng., a qualified person as defined by National Instrument 43 -101, and vice -president of
exploration for Musk Metals, is responsible for the technical information contained in this news release.
About Musk Metals Corp.
Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-
stage mineral properties located in some of Canada's top mining jurisdictions. The Company’s properties are in the
“Allison Lake Batholith” of Northwestern Ontario, and the “Chapais-Chibougamau”, “Abitibi”, “Upper Laurentides”
and “James Bay” regions of Quebec.
Make sure to follow the Company on Twitter, Instagram and Facebook as well as subscribe for Company updates at
http://www.muskmetals.ca/
ON BEHALF OF THE BOARD
___Mario Pezzente___
CEO & Director
For more information on Musk Metals, please contact:
Phone: 604-717-6605
Corporate e-mail: [email protected]
Website: www.muskmetals.ca
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements, other than statements of historical fact that
address activities, events, or developments that the Company believes, expects or anticipates will or may occur in the
future are forward-looking statements. Forward-looking statements in this news release include, but are not limited
to, statements regarding the intended use of proceeds of the Offering and other matters regarding the business plans
of the Company. The forward-looking statements reflect management’s current expectations based on information
currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially
from those discussed in the forward-looking statements including that the Company may use the proceeds of the
Offering for purposes other than those disclosed in this news release; adverse market conditions; and other factors
beyond the control of the Company. Although the Company believes that the assumptions inherent in the forward-
looking statements are reasonable, forward-looking statements are not guarantees of future performance and,
accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could
cause actual results or events to differ materially from current expectations include general market conditions and
other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future events or otherwise,
except as required by applicable law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the
contents or accuracy of this press release.