Bedford Metals Sends 60 Samples FOR ICP Analysis Following Promising Ubiquity Lake Exploration Results
NEWS RELEASE
BEDFORD METALS SENDS 60 SAMPLES FOR ICP ANALYSIS FOLLOWING PROMISING UBIQUITY LAKE
EXPLORATION RESULTS
August 26th, 2024—Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “Company”
or “Bedford”) is pleased to announce the Company has sent a total of 60 samples from its recent
exploration program at the Ubiquity Lake Uranium Project, Athabasca, Canada for Inductively Coupled
Plasma Mass Spectrometry (ICP-MS) analysis. This advanced analytical technique is considered the ‘gold
standard’ for uranium analysis. It provides precise and sensitive measurements of trace elements across
a wide range of samples, helping to confirm the promising on-site results.
Peter Born, President of Bedford, commented, “The results from our recent exploration program at the
Ubiquity Lake Project have been very encouraging. We are eager to see the outcomes from the ICP-MS
analysis, as we anticipate that the lab results will confirm our initial findings. These results will be crucial
in guiding our next steps as we outline the upcoming exploration program at Ubiquity Lake.”
The Company is using an innovative mineral analysis approach, Inductively Coupled Plasma Mass
Spectrometry (ICP-MS). This advanced analytical technique stands at the forefront of modern scientific
exploration, offering unparalleled precision and sensitivity in measuring trace elements.
ICP-MS first converts the sample into an ionized state within a high-temperature plasma torch. This
plasma generates temperatures exceeding 10,000 degrees Celsius, effectively breaking down the sample
into its elemental components. These ions are then extracted into the mass spectrometer, where they are
separated based on their mass-to-charge ratios and quantified with exceptional accuracy.
The Company will incorporate the results from this lab analysis into the planning and execution of the
next exploration phase at the Ubiquity Lake Uranium Project. The data will be critical in refining our
understanding of the mineralization potential and identifying high-priority targets for further
investigation.
Bedford remains committed to conducting all exploration activities with the utmost respect for
environmental stewardship. The company is dedicated to minimizing its environmental footprint and
ensuring that all operations are sustainable and responsible. Additionally, Bedford values its relationships
with local communities and indigenous groups and is dedicated to working collaboratively with these
stakeholders to ensure its activities bring positive benefits to the region.
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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