Bedford Metals Provides Corporate Update ON Uranium Exploration Progress
NEWS RELEASE
BEDFORD METALS PROVIDES CORPORATE UPDATE ON URANIUM EXPLORATION PROGRESS
September 5 th, 2024—Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the
“Company” or “Bedford”) wishes to provide a corporate update. Bedford continues to focus on advancing
its uranium exploration projects in the Athabasca region of northern Saskatchewan, Canada and has made
meaningful progress with its exploration initiatives.
As reported in previous news releases, the Company has been actively advancing its exploration projects,
particularly the Ubiquity Lake Uranium Project . Bedford is pleased with the initial results from its most
recent exploration program, where the field team identified several promising targets. The Company is
awaiting assay results from the samples collected during this program, which will provide further insight
into the project's potential.
In anticipation of favorable assay results, Bedford has already started planning its next exploration
program at Ubiquity Lake. This upcoming program will be more clearly defined once the assay data is
received, allowing the company to refine its focus and exploration strategies.
Peter Born, President of Bedford, commented, “We are very pleased with the results we’ve seen so far
from our exploration program at Ubiquity Lake. The project continues to show great potential, and we are
excited to further advance our uranium projects. We remain committed to maximizing the value of these
projects for our shareholders.”
Bedford remains focused on advancing its high-quality uranium projects in the Athabasca Basin and
continues to explore and develop these assets to contribute to the growing global demand for uranium
as a clean energy source.
Bedford conducts all exploration activities with a focus on environmental stewardship and in close
collaboration with local communities and stakeholders. The Company’s goal is to develop our projects
responsibly and sustainably, ensuring that our operations benefit the regions in which we operate.
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 in this
release.
About Bedford Metals Corp.
Bedford Metals Corp. is a mineral exploration company. We create value for our shareholders by
identifying and developing highly prospective mineral exploration opportunities. Our strategy is to
advance our projects from discovery to production.
The Close Lake Uranium Project lies on the eastern side of the Athabasca Basin, adjoining claims held by
Cameco Corporation, the largest uranium producer in the world. The claim is approximately 245 hectares
and lies within the primary exploration corridor, which hosts the Keys Lake Mine, the Cigar Lake Mine,
and the McArthur River Mine. Access to the property is done through a network of roads and trails.
The Ubiquity Lake Uranium Project , covering 1382 hectares, lies just south of the bottom lip of the
Athabasca Basin, adjacent to ALX Uranium’s Carpenter Lake Project to the east. Situated near the Cable
Bay Shear Zone, parallel to the Virgin River Shear Zone, which hosts Cameco’s Centennial uranium deposit,
the project holds immense potential. Furthermore, it is located 100 km west of Cameco’s past-producing
Key Lake uranium mine, underscoring the strategic significance of its location.
The Sheppard Lake Uranium Project covers an area of approximately 2250 hectares and adjoins the
Ubiquity Lake Project to the southeast. The project area is characterized by rocks of the Mudjatik domain,
where uranium mineralization is typically basement-hosted, situated within shears or faults, and formed
through hydrothermal redistributions of dissolved metals and subsequent redox reactions.
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.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other
than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in forward-looking statements. There
can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the
applicable laws.
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