Bedford Metals Commences Airborne Survey at Sheppard Lake Uranium Project
NEWS RELEASE
BEDFORD METALS COMMENCES AIRBORNE SURVEY AT SHEPPARD LAKE URANIUM PROJECT
April 29, 2025—Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “ Company” or
“Bedford”) is pleased to announce the commencement of a MobileMT airborne electromagnetic survey
at its wholly owned Sheppard Lake Uranium Project, located on the southern edge of Saskatchewan’s
Athabasca Basin.
The heliborne survey, conducted by Expert Geophysics, utilizes state-of-the-art MobileMT technology
capable of capturing geoelectrical activity at depths of up to 1 kilometer, with exceptional spatial and
resistivity resolution. This advanced system has been successfully employed to delineate subsurface
conductors along magnetic breaks — a classic geophysical signature associated with uranium
mineralization in the Athabasca Basin.
The survey will cover up to 747 line-kilometers at 100-meter line spacing, encompassing the entire
Sheppard Lake project area.
Peter Born, President of Bedford, commented: "We are very excited to initiate this project-wide airborne
program at Sheppard Lake. The scale of this effort reflects our confidence in the property's potential and
our commitment to advancing it aggressively. With a strong combination of cutting-edge geophysics,
satellite analysis, and promising early field results, we believe this program will significantly advance our
understanding of the project and sharpen our focus for the next phase of drilling."
Bedford remains firmly committed to responsible mineral exploration. All work will be carried out with
strict adherence to environmental best practices and in close collaboration with local indigenous
communities and regional stakeholders. The Company places a high priority on sustainable development
and maintaining respectful, transparent relationships with those affected by its operations.
Further updates will be provided as the program progresses and preliminary results become available.
Qualified Person
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and
the President of the Company, and is responsible for and has approved the technical information
contained in this release.
For further information, please contact the Company at [email protected] or 604-622-1199 or
visit the Company’s website at www.bedfordmetals.com.
On behalf of the Board,
Bedford Metals Corp.
“Peter Born”
President
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 Regarding Forward-Looking Statements
This news release includes statements that contain “forward-looking information” within the meaning of the
applicable Canadian securities legislation (“forward-looking statements”). All statements, other than
statements of historical fact, are forward-looking statements and are based on expectations, estimates and
projections as at the date of this news release. Any statements that involves discussion with respect to
predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance
(often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of
such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking
statements. In this news release, forward -looking statements relate, among other things to: completion of the
Acquisition, the ability to obtain the necessary regulatory authorizations and approvals and the development
of a revised exploration plan.
These statements reflect the Company’s respective current views with respect to future events and are
necessarily based upon a number of other assumptions and estimates that, while considered reasonable by
management, are inherently subject to significant business, economic, competitive, political and social
uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,
performance, or achievements to be materially different from the results, performance or achievements that
are or may be expressed or implied by such forward–looking statements and the Company has made
assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities
in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s
management team and outside contractors; risks regarding exploration and mining activities; the Company’s
inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations;
risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing
and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves
and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to
properties, particularly title to undeveloped properties; laws and regulations governing the environment, health
and safety; the ability of the communities in which the Company operates to manage and cope with the
implications of public health crises; the economic and financial implications of public health crises, ongoing
military conflicts and general economic factors to the Company; operating or technical difficulties in connection
with mining or development activities; employee relations, labour unrest or unavailability; the Company’s
interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the
speculative nature of exploration and development, including the risks of diminishing quantities or grades of
reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for
shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the
Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward–
looking statements. Although the Company has attempted to identify important factors that could cause actual
results to differ materially, there may be other factors that cause results not to be anticipated, estimated or
intended. The Company does not intend, and does not assume any obligation, to update these forward–looking
statements to reflect changes in assumptions or changes in circumstances or any other events affecting such
statements or information, other than as required by applicable law.