Clean Air Metals Files Mineral Resource Technical Report for the Thunder Bay North Property on SEDAR
Clean Air Metals Files Mineral Resource Technical Report for the Thunder
Bay North Property on SEDAR
THUNDER BAY, ON
,
March 8, 2021
/CNW/ -
Clean Air Metals Inc. ("Clean Air Metals" or the "Company")
(TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is
pleased to announce that, further to its news release dated
January 20, 2021
, the Company has filed a technical report detailing the Mineral Resource estimate
for the Thunder Bay North Project near
Thunder Bay, Ontario
.
The technical report was independently prepared for Clean Air Metals by Nordmin Engineering Ltd. The report, titled "NI 43-101 TECHNICAL REPORT AND
MINERAL RESOURCE ESTIMATE FOR THE
THUNDER BAY
NORTH PROJECT,
THUNDER BAY, ONTARIO
" has been filed on the Company's profile on
SEDAR at
www.sedar.com
as at
March 4, 2021
and is available on Clean Air Metals' website at
www.cleanairmetals.ca
.
About Clean Air Metals Inc.
Clean Air Metals' flagship asset is the Thunder Bay North Project, a platinum, palladium, copper, nickel project located near the City of
Thunder Bay
,
Ontario and the Lac des Iles Mine owned by Impala Platinum Holdings. The Clean Air Metals project hosts the Current Lake Deposit and magma conduit and
the Company is actively exploring the Escape Lake Deposit, a twin conduit structure to the Current Lake Deposit. Executive Chairman Jim Gallagher, P.Eng.
and CEO Abraham Drost, P.Geo. lead an experienced team of geologists and engineers who are using the Norilsk magma conduit stratigraphic and mineral
deposit model to guide ongoing exploration and development studies.
Social License
Clean Air Metals Inc. and its wholly-owned subsidiary Panoramic PGMs (
Canada
) Ltd. acknowledge that the Thunder Bay North Project is on the traditional
territories of the Fort William First Nation,
Red Rock First Nation
and Biinjitiwabik Zaaging Anishinabek. The parties together are the Cooperating Participants in
a Memorandum of Agreement dated
January 9, 2021
(reported
January 11, 2021
).
ON BEHALF OF THE BOARD OF DIRECTORS
"Abraham Drost"
Abraham Drost
, Chief Executive Officer of Clean Air Metals Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Cautionary Note
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements
relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements
that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact
and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and
exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in
exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation
of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential
for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will
not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's
prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned
against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not
assume any obligation to update or revise them to reflect new events or circumstances, except in accordance with applicable securities laws.
View original content:
http://www.prnewswire.com/news-releases/clean-air-metals-files-mineral-resource-technical-report-for-the-thunder-bay-north-property-on-sedar-301242073.html
SOURCE
Clean Air Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/March2021/08/c9768.html
%SEDAR: 00005465E
For further information:
Abraham Drost, Chief Executive Officer of Clean Air Metals Inc., Phone: 807-252-7800, Email: [email protected], Website:
www.cleanairmetals.ca
CO: Clean Air Metals Inc.
CNW 03:01e 08-MAR-21